BUILDING COMMUNITY TOGETHER
PRIEST RIVER COMMUNITY HOUSING TRUST PROJECT INFORMATION
LEARN MORE ABOUT THE COMMUNITY HOUSING TRUST
COMMUNITY HOUSING TRUST
EXPLORING INNOVATIVE SOLUTIONS TO HOUSING SHORTAGE AND AFFORDABILITY
A community land trust (CLT), also known as a community housing trust separates ownership of the land from the home allowing a homebuyer to purchase a house while the trust holds the lease on the land. By taking the value of the land out of the equation plus adding additional subsidy, typically donations, the home itself becomes more affordable. Homes are deed restricted to ensure that the home remains affordable in perpetuity.