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Presenter announces first homes entering Central Iowa Community Land Trust in Des Moines' Columbus Park
Summary
At a Columbus Park site in Des Moines, a presenter described bringing the first two houses into the Central Iowa Community Land Trust through partnerships with InvestDSM and Home Inc., said one of the first three homes has an identified buyer, and outlined a five-year goal of 100 homes.
A presenter at the Columbus Park site in Des Moines said the first two houses have been brought into the Central Iowa Community Land Trust, a move intended to preserve long-term affordability as neighborhood values rise.
The presenter said the project is a partnership with InvestDSM and Home Inc. and described the community land trust model: "The land trust always owns the land that the home is built on," the presenter said, adding that homeowners "get to have equity in their house, but then when they sell it, they sell it to another…
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