Community Land Trusts 101
July 24, 2008, Appleton, WI
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Community Land Trusts 101

Presented by the National Community Land Trust Academy

2:30 PM to 5:30 PM
July 24, 2008
Radisson Paper Valley Hotel
Appleton, WI

REGISTRATION
$25 person
(608) 280-0131 ext 22
mary@affordablehome.org

SPACE IS LIMITED TO THE FIRST 40 REGISTRANTS -- so please register in advance to guarantee your seat.
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OVERVIEW


This course will provide a basic introduction to the community land trust model, answering the following questions:  How are CLTs structured and governed?  How do they operate?   What are the key organizational and operational decisions that must be made in starting a CLT?

Participants will also learn how local CLTs seek to balance the seemingly competing goals of providing homeowners with a fair return on their housing investment while seeking to assure that housing is kept affordable for future occupants of limited means.

INSTRUCTORS

John Emmeus Davis was one of the co-founders of Burlington Associates in 1993. He previously served as the housing director and Enterprise Community coordinator for the City of Burlington, Vermont. He has worked as a community organizer and nonprofit executive director in East Tennessee and as a technical assistance provider for community land trusts and other nonprofit community development organizations throughout the United States. He is the author of Contested Ground: Collective Action and the Urban Neighborhood and The Affordable City: Toward a Third Sector Housing Policy and has taught housing policy and neighborhood planning at New Hampshire College and the Massachusetts Institute of Technology (MIT).

Greg Rosenberg is the executive director of the Madison Area Community Land Trust.  He is also a founding board member of the National Community Land Trust Network, and serves as chair of the best practices committee of the National CLT Academy.  During his tenure at MACLT, Greg has served as lead developer for Troy Gardens, an award-winning project set on 31 acres in the city of Madison, which includes 30 units of mixed-income cohousing, community gardens, a working farm, and a restored prairie.  He is licensed attorney, as well as a real estate broker.

Course Outline

1.  The CLT Model

   a.    Introduction
   b.    Detailed enumeration of CLT features
   c.    Variations on the model
   d.    Troy Gardens as illustration of the model

2.  The Money Side: How Does the "CLT Deal" Work?
   a.    Strategies for closing the "affordability gap"
   b.    Good $ versus bad $ in financing CLT homes
   c.    Specific examples from Troy Gardens
         i.     Sale prices
         ii.    Resale formula
         iii.   Ground lease

3.  CLT Start-ups: What's To Be Done?
   a.    Key organizational decisions
   b.    Key operational decisions

4.  Resources for Starting a CLT in Wisconsin