Community land trust definition

Community land trust means a community housing development organization whose (i) corporate

Community land trust means an entity that meets the requirements of section 462A.31, subdivisions 1 and 2.

Community land trust. ’’ means a nonprofit organi-

Examples of Community land trust in a sentence

• This serves to simultaneously preserve the property and provide the buyer (a new farmer) with an infusion of capital to offset the market rate purchase of the property.4. Community land trust: A community land trust (CLT) is a non-profit organization that owns real estate for the benefit of the community.

• On the facts of this case as pleaded there is nothing unreasonable in the exercise of jurisdiction over the Ansac agreement if it has economic effect within the Republic.

• Community land trust property is held in a non-profit and leased to developers.

• Community land trust homeownership is essentially the same as other homeownership except that the land which DLT homes are located on is owned by the community based organization.

• But whatever money you can get behind housing.• Community land trust or equity homeownership model that provides public or subsidized land for marginalized communities, like the African American community to build a healing and supportive community.

More Definitions of Community land trust

Community land trust means a private, nonprofit, community-

Community land trust means a community housing development organization whose (i) corporate membership is open to any adult resident or organization of a particular geographic area specified in the bylaws of the organization and (ii) board of directors includes a majority of members who are elected by the corporate membership and are composed of tenants, corporate members who are not tenants, and any other category of persons specified in the bylaws of the organization and that:

Community land trust. ’ means a nonprofit organiza-

Community land trust means a nonprofit corporation organized

Community land trust means a nonprofit organization exempt from taxation under section

Community land trust means a private, nonprofit, community-governed, and/or membership corporation whose mission is to acquire, hold, develop, lease, and steward land for making homes, farmland, gardens, businesses, and other community assets permanently affordable for current and future generations. A community land trust's bylaws prescribe that the governing board is comprised of individuals who reside in the community land trust's service area, one-third of whom are currently, or could be, community land trust leaseholders;

Community land trust means a private, not-for-profit