Our Mission

To create and preserve a permanent supply of affordable homes in the greater Charlottesville Area.
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What is a Community Land Trust?

Homeowner

Owns the home

Maintains an interest in the land through a renewable ground lease

Retains earned equity and a portion of the market appreciation upon sale

Community Land Trust

Owns the land

Enters a 90-year renewable ground lease with the homeowner that details the responsibilities of both parties

Controls the resale value of the home to ensure affordability into perpetuity

Community Benefits

Stabilizes families and neighborhoods

Creates permanently affordable assets in the community

Is an efficient use of grant and donor funds (one-time investment)

Our Service Area