The Current Landscape & Future Prospects for Limited Equity Cooperatives by Community Land Trusts
Welcome and local introductions to the concepts (which remote EBCOHO members can call into) then live call from 10-11 PST; discussion afterwards, with invited local experts. EBCOHO Supporting Members save $5. Upgrade your membership today and get a cohousing book, free Cohousing Coaching session or mini-tour, discounts on event, a featured member profile to show you're serious, early notice on opportunities, and more.
In this webinar sponsored by the National Community Land Trust (CLT) Network, Learn about limited equity housing cooperatives (LEHCs) developed and stewarded by community land trusts (CLTs). This LEC-CLT hybrid model address two relevant issues faced within affordable housing today. First, LEC-CLTs offer a way to serve lower income households that are unable to qualify for individual mortgage loans. Second, LEC-CLT partnerships enable coop residents to govern and
maintain permanently affordable housing successfully due to the ongoing stewardship provided by the CLT.
(note: speakers listed below will be on the call, not with us in person)
Meagan Ehlenz, a doctoral student at the University of Pennsylvania, will present new research and resources for practitioners on existing LEC-CLT projects. Her presentation will explore:
- the benefits and costs of LEC-CLT development and stewardship
- lessons learned from existing LEC-CLT projects, and
- critical factors that practitioners should evaluate to develop and sustain successful LEC-CLT projects.
Andy Reicher, Executive Director of Urban Homesteading Assistance Board (UHAB)—the dominant provider of training and support for affordable housing cooperatives in New York City, will then present. He will:
- review the basics of cooperative finance
- share crucial insights for feasibility analyses of LEC-CLT projects, and
- comment on the current political and financial landscape affecting LEC-CLT development and sustainability.
The CLT Research Collaborative of the National Community Land Trust Network has sponsored the research and products on LEC-CLT projects by Meagan Ehlenz.
The National Community Land Trust Network is the umbrella organization supporting the work of community land trusts across the United States -- promoting sustainable development through the development of permanently affordable housing and the protection of working lands.
Note that EBCOHO is not a sponsor of the CLT Network call, we're just wrapping an event around it to add context and connection.