Evanston has an affordability problem – community land trusts can help

A tree, barn and house are situated near each other

From Duncan Agnew / Evanston RoundTable: Through a land trust, Community Partners in Affordable Housing sells homes to buyers at a fixed cost while maintaining ownership of the land they’re built on, allowing those who wouldn’t otherwise be able to afford market-rate housing to become homeowners. Some of the homes are even built by high school students enrolled in a local Geometry in Construction program.

Read the original story here.

Read more articles about organizations working on affordable housing.

More Resources:

From Lee Suh-yoon / The Korea Times: The Youth Allowance Program in Seoul gives lower to middle-class residents (aged 19 to 34) a monthly stipend of 500,000 won ($418) for up to six months to ease the financial burden of...

From Makaelah Walters / Prism: The Just Income GNV project in Florida provides justice-impacted people with a guaranteed income for a year to help them get on their feet. All they have to do is fill out an application, get...

Laís Fleury has twenty years of experience as a social entrepreneur and has been a Fellow of Ashoka Social Entrepreneurs since 2003. Over the last decade, Laís has been working for Alana, advocating for the right of every child to...

Luke Shankland is a South African/Canadian professional with over 20 years of experience in health tech, focusing on scaling impactful health solutions across Africa. As co-founder and COO of Aviro Health, he has led initiatives that have provided digital health...

From Katherine Latham / Reasons to Be Cheerful: In the United Kingdom, the supermarket Iceland Foods gives out interest-free microloans on pre-loaded cards during school holidays for families to spread out their grocery bills over time when finances are most...

From Jon Marcus / The Hechinger Report: As their workforces age, states across the United States are offering student loan repayment to incentivize college graduates to stick around. Now Maine and Vermont are the first to offer it to those...

We use cookies to improve your experience on our website. By continuing to browse, you agree to our use of cookies. For more details, please see our Privacy Policy.