Evanston has an affordability problem – community land trusts can help

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.

Issue Areas:

Community Wealth Building, Housing, Land Trust, Poverty Reduction Measures

Impact Areas:

Creating New Economic Paradigms, Distributed Trust and Power, Equity

Actors:

K-12 Education, Nonprofit / NGO

Communities Served:

Communities Experiencing Economic Hardship

Strategies:

Easing Economic Burdens for Individuals

Success Factors:

Eliminating Barriers, Empowering People, Expanding Access, Leveling the Playing Field, Meeting People Where They Are At, Using Creative Financing

Geographic Region:

North America

Countries:

United States

Date:

September 20, 2023

More Resources:

Resource-rich countries find it pays to pay landholders to protect their land

From Dimitri Selibas / ENSIA: Guatemala’s reforestation programs pay farmers to keep their lands forested instead of clearing them for farming. The annual $380 payment each participant receives for 5 to 10 years comes from the general taxes collected by...

Conversation with Paula Daniels

Paula Daniels co-founded the Center for Good Food Purchasing, a national initiative promoting sustainable food systems, building on her work as founder of the Los Angeles Food Policy Council. With a career spanning private law and public service, she focuses...

Conversation with Allison Duettmann

Allison Duettmann is the president and CEO of Foresight Institute. She directs the Intelligent Cooperation, Molecular Machines, Biotech & Health Extension, Neurotech, and Space Programs, Fellowships, Prizes, and Tech Trees, and shares this work with the public. She founded Existentialhope.com,...

The Surprising Lives of Germany’s ‘Basic Income’ Raffle Winners

From Marjolein Koster, Ties Gijzel / Reasons to Be Cheerful: A randomly selected group of lucky Germans are reaping the benefits of a guaranteed monthly income. An organization raffles off a year’s worth of guaranteed monthly income, allowing recipients to...

Universal basic income transfers better than subsidies; Madhya Pradesh model shows improvement in living standards

From Sunil Jain / The Financial Express: SEWA-INBI pilots a basic universal income program for two villages in Madhya Pradesh. These funds enabled residents to pay for facilities and electricity in their homes, buy better cooking fuel, increase the weight...

Conversation with Katja Čič

Katja Čič currently works as the Programme Director at the International Youth Health Organization (YHO). Katja is also a part of the WHO Youth Council where she co-chairs the Working Group on Climate Change and Health, and is a part...