by Maggie Walker CLT | Jun 2, 2017 | News
Richmond’s Church Hill neighborhood is home base for the area’s first Maggie Walker Community Land Trust house for workforce housing. “The purpose of a land trust is to create affordable housing in perpetuity,” Laura Lafayette, chairwoman of the Maggie Walker...
by Maggie Walker CLT | Jul 25, 2016 | News
The land trust, a nonprofit created in November, would acquire properties from the city and in turn would enter into a 99-year lease with property owners. The trust would own the land, but homeowners would own the structures. Trust officials say that makes the housing...
by Maggie Walker CLT | Jul 24, 2016 | News
With a growing number of real estate tax delinquencies in Richmond, the city could soon turn to a new nonprofit organization to help convert the properties into affordable housing. www.richmond.com