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Council designates Silk Road27s Cultural Lingua as community land trust to preserve affordable ownership
Summary
The council unanimously approved an ordinance designating Cultural Lingua27s Silk Road Community Land Trust as a CLT, endorsing long-term affordable homeownership and local cultural preservation in the Silk Road Cultural Heritage District.
The San Antonio City Council voted Feb. 19 to designate Cultural Lingua27s Silk Road Community Land Trust (CLT) under city policy and state statute, a step city officials said will help preserve permanently affordable homeownership in the Silk Road Cultural Heritage District.
Nadia Mavrakis, co‑executive director of Cultural Lingua, told the council the CLT is intended to provide long‑term affordable homeownership opportunities for low‑ and…
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