1 / 10

The State of CLTs in the U.S.

The State of CLTs in the U.S. Emily Thaden, ph.d. National CLT Network Brenda Torpy Champlain housing trust. Roughly 250 U.S. CLTs. Exponential Growth of CLTs. Foreclosure filings on U.S. properties by year. 1 in 45 housing units. 1 in 45 housing units.

lora
Download Presentation

The State of CLTs in the U.S.

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. The State of CLTs in the U.S. Emily Thaden, ph.d. National CLT Network Brenda Torpy Champlain housing trust

  2. Roughly 250 U.S. CLTs

  3. Exponential Growth of CLTs

  4. Foreclosure filings on U.S. properties by year 1 in 45 housing units 1 in 45 housing units

  5. We’re the solution to “hot market” problems % of Median Income needed for first purchase % of Median Income needed for subsequent purchases

  6. We’re the solution to “cold market” problems

  7. Consequences of the foreclosure crisis & Great Recession Fewer clt start-ups after NSP Less homeownership development after NSP Shrinking public & private funding Lack of access to home mortgages Fewer mortgage-ready buyers More in-trouble owners

  8. New solutions in response to new problems More rental development More urban agriculture More mergers & acquisitions Needed organizational sustainability planning

  9. Ongoing challenges for CLTs PUBLIC AWARENESS CAPACITY BEST PRACTICES FUNDING GROWTH

  10. Future Directions (hoped by the Network) Proactive, effective, and participatory policy engagement Grow capacity of CLTs Expansion-adoption approach for on-the-ground outcomes Broader sector development & coordination around “permanently affordable housing” Organize, brand, professionalize, and standardize the broader sector

More Related