Attempt to create new affordable housing model

NEW YORK: A public meeting is to be held to launch an innovative community initiative which could help bring about more affordable housing.

The idea of Community Land Trusts – community-led organizations which provide land upon which houses can be built to meet long-term community needs – has proved very successful elsewhere in recent years.

The aim of the proposed Community Land Trust, which will be established with charitable status, will be to work locally with other organizations to help provide homes for people within the community whose needs are not being met by the commercial property market…

This trend is covered in detail in the Seniors Housing & Healthcare Trends.

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