Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Housing Clt topic
No spam. Unsubscribe anytime.
Local nonprofit outlines community‑land‑trust homes for Adelanto site; council hears plan and partners
Summary
Inland Equity Community Land Trust presented Plano Del Lanto, a 20‑acre ground‑lease community land trust intended to keep homes permanently affordable; presenters said four first units are completed and structured to keep resale prices below market under a shared‑equity model.
Inland Equity Community Land Trust representatives presented their strategic plan and the Plano Del Lanto project to the Adelanto City Council, describing a ground‑lease model aimed at permanently preserving affordability in a 20‑acre project near the high school.
Maribel Nunez, executive director, explained the organization’s approach: the nonprofit will own the land and lease it under long‑term ground leases while homeowners purchase the dwelling at a deeply discounted price relative to appraised market value. Associate director Jeff Green said one completed unit was appraised at $385,000 and sold through the trust for $290,000; the difference is locked as an equity share so subsequent buyers inherit the same affordability. “They take 75% of the appreciation, and we get 25% of the appreciation when they sell it,” Green said, describing the mechanism that keeps homes below market rate.
Presenters said the site is a 20‑acre lot near the high school (near Koala and Mojave) and that future phases could add units using state law tools such as SB 9, subject to residents living in units for specified periods before lot splits. They described manufactured homes built to MH Advantage standards with permanent foundations, solar power and well water; buyers will pay a monthly housing payment example mentioned as roughly $1,700 on a zero‑down scenario for a 3‑bed/2‑bath home.
Council members expressed support and asked technical questions about subdivision timing, lot splits under SB 9 and resident eligibility. Councilwoman Evans and others thanked the nonprofit for locating the project in the Adelanto area and noted award recognition the project received from SCAG’s Carmen Ramirez Award for Equity.
The presenters invited council members and the community to upcoming ribbon‑cutting and move‑in dates and said they would return with additional implementation details as the project advances.
