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Home for Good outlines plan for community land trust to preserve long‑term affordable homeownership
Summary
Home for Good presented a plan to establish a community land trust (CLT) for Eau Claire County, describing how CLTs preserve long‑term affordability, potential funding sources and implementation questions raised by commissioners.
A presentation to the Housing Opportunities Commission on March 12, 2025 introduced Home for Good’s initiative to start a community land trust aimed at preserving permanently affordable homeownership in Eau Claire County.
Home for Good Executive Director Austria Gracehart told commissioners the nonprofit is convening a community advisory committee and working with consultant Jeff Washburn of Burlington Associates in Community Development to design the CLT. "We're excited to present to you this evening the beginning of our journey towards the community land trust in Eau Claire County," Gracehart said.
A CLT separates ownership of land from ownership of the home and uses a ground lease to keep resale prices affordable for income‑qualified buyers. Consultant Jeff Washburn described typical CLT mechanics: the CLT holds title to land and an assisted buyer owns the home improvements and a lease governs resale terms so subsequent buyers also qualify by…
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