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Utah Community Land Trust plans six townhomes in Provo to boost workforce ownership
Summary
Sarah Van Cleave, director of the Provo Housing Authority and Utah Community Land Trust, said the trust will begin with a six-townhome pilot to reduce land cost via a 99-year land-lease model and invited partners and donations to expand the trust.
The Utah Community Land Trust (UCLT), presented by Sarah Van Cleave, said it will pilot an owner-occupied project in Provo aimed at workforce households and described how the land-trust model reduces costs.
"When you build properties in a land trust, the land is held in perpetuity, in the trust under a 99 year lease," said Sarah Van Cleave, introduced in the meeting as director of the Provo Housing Authority and director of…
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