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City to hand keys to second CLT house as officials press a multi-front affordable housing strategy
Summary
Officials said keys will be handed off to a second Community Land Trust house; three scattered-site CLT units are complete and staff are working with the county on 14 additional scattered sites and other development options (Baptist campus, Motor Lodge) to expand permanently affordable housing.
City officials said they will hand keys to the second Community Land Trust (CLT) home this week and that three scattered-site CLT units are complete, with residents already moving into the first home and the second closing this week.
Why it matters: Officials said the CLT work and the planned 14 additional scattered sites accepted from the county are part of a broader, multi-pronged strategy to address local affordability needs. The mayor said no single project will solve the crisis and that city staff are pursuing multiple sites and partnerships, including potential work tied to the Baptist campus and Motor Lodge.
Details: Malcolm Young’s CLT development will deliver eight to nine units at one site in addition to the scattered-site homes; the mayor said the second CLT house will be turned over to an owner imminently. City staff are coordinating with county officials on escheated properties and looking at how to scale permanent affordability beyond single developments.
Next steps: Officials said they will continue to move forward with scattered-site acquisitions, CLT construction and partnerships and that more units will come online in the near term.
