In December 2014, Lincoln Community Land Trust established a contract with Proud Ground to provide operational management support to LCLT and to facilitate the process of adding more permanently homeownership opportunities for Lincoln County working families. Please contact Proud Ground for more information on Lincoln CLT. Please visit www.proudground.org for more information about Proud Ground.
Lincoln Community Land Trust
c/o Proud Ground
5288 N Interstate Ave
Portland, OR 97217
The Lincoln Community Land Trust (LCLT) makes homes available to hard working individuals and families of Lincoln County who deserve the option of homeownership. Homeownership can offer a chance to build equity, become more financially stable, build credit, grant freedom to improve your own home and property, become rooted in a neighborhood and invest in its people, help build a more secure environment for children, and even provide an inheritance for family or heirs.
A community land trust home benefits the community by making one more affordable home available from one generation to another to enjoy. It lasts because the homeowner, in return for the below market home price and affordable mortgage payments, agrees that when ready to sell their home they give the next home buyer the same opportunity to buy the home at a rate that is affordable.
What is a Community Land Trust?
A Community Land Trust is a nonprofit organization that works with the community to give people access to properties and places that would otherwise be out of reach. Most often it is homes but can also be community gardens, commercial space, or parks. The Community Land Trust understands that people often need help in homeownership and guides them through buying, maintaining, and reselling the home. Each homeowner has the unique chance of helping guide the organization and its work in the community.
What Makes a Community Land Trust So Different from Others?
The LCLT keeps home prices low and affordable from one generation to the next by keeping the land in trust. That means holding and never selling the land. While the home is sold and the homeowner has the deed (right of ownership) to the home. Only the land is owned (deeded) by the community land trust. By removing land from the sale of the home, the price can be low enough to be affordable.
Lincoln City Oregon - $145,000 - Sold!
Become a Member of the Lincoln Community Land Trust
Please consider joining the LCLT to make affordable homeownership available to working individuals and families across Lincoln County. Membership is one of the outstanding and unique characteristics of a community land trusts. Members have a voice in the election of Board members, the use of land, and the resale formula used to keep trust homes affordable from one generation to the next. Members can serve as Board members and officers. And members get to stay involved in efforts to address workforce housing in Lincoln County.
Links and Information
Community Land Trust Resources:
Lincoln County Housing Partners:
Lincoln County 10-Year Plan