“Being part of the Network makes it easier to do what we’re all trying to do—make homeownership possible for more people.”
Dev Goetschius, Executive Director, Housing Land Trust of Sonoma County, California
“The Network really took the mystery out of the ground lease process. Along with helping us understand it, they helped us make it our own.”
Britnee Timberlake, Executive Director, Essex Community Land Trust, New Jersey
Senate Appropriations Committee Incorporates Statutory Clarification for CLTs in the FY16 THUD Appropriations Bill
The Network advocated for the incorporation of a statutory clarification relating to CLTs and the HOME program in the Senate’s FY16 Transportation, Housing and Urban Development (THUD) Appropriations bill. The statutory clarification ensures that community land trusts (CLTs) are able to maintain the right of first refusal on HOME-funded projects. This includes the right of first refusal upon resale or foreclosure.