Community Housing Trust

Prince George's County Council - Community Land Trust Task Force · November 5, 2025

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Eric Olsen is a county council member, and various other members and consultants are introduced during the meeting.

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Prince George's County Council task force met to continue work on forming a community land trust (CLT). Members reviewed governance choices (selecting a nonprofit partner via competitive RFP), discussed a countywide, needs‑based implementation area, stewardship expectations, and compared three resale formulas — fixed annual percentage, index (AMI/CPI), and appraisal-based shared-equity — and agreed to run property scenarios before selecting a formula.

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Transcript

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