News & Events

[cmsms_row][cmsms_column data_width="1/1"][cmsms_text]          Last week, Richmond City Council designated the Maggie Walker Community Land Trust to serve as the City of Richmond's land bank. This is the first combined CLT/land bank in the nation. The designation was...

[cmsms_row][cmsms_column data_width="1/1"][cmsms_text] On a gray December morning, Chanel stood in front of her new house in Church Hill, the keys to her home held proudly in her hand. Not only was buying her first home a milestone for her, but the occasion also...

[cmsms_row][cmsms_column data_width="1/1"][cmsms_text] Laura Lafayette, Carolyn Loftin, and Councilwoman Cynthia Newbille talk about the CLT on Richmond Association of Richmond's podcast, Selling Richmond. https://rarealtors.com/richmondsfirstcommunitylandtrust/...

Today, the Maggie Walker Community Land Trust (MWCLT) broke ground in Church Hill on the first home in Richmond designed to remain affordable in perpetuity. The 1600 square foot, 3 bedroom home is being built through a partnership with project:HOMES, and funded, in...

The Maggie Walker Community Land Trust breaks ground on the first of four houses in Church Hill. Church Hill resident and homeowner Freda Bolling says that because of rising costs in housing, the rent for her former apartment is now higher than her current mortgage...

A community land trust doesn’t sound particularly exciting, but it will have far more lasting consequences for the Richmond area than the latest flap over “covfefe” or a D-list comic’s publicity stunt. Church Hill soon will be home to the first house built and sold...

A new-to-Richmond approach to facilitating homeownership while adding to the city’s housing stock is beginning to take shape in North Church Hill. The nonprofit Maggie Walker Community Land Trust celebrated the groundbreaking of its first single-family home at a...

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...

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...

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