A Chattanooga Vision For Community Land Trusts
As the real estate market soars here in Chattanooga, one possible solution to the lack of affordable housing - especially downtown - is a community land trust.
It’s a model that would help people with low-to-moderate incomes buy into affordable housing - and now, a report details how that model could work citywide.
The feasibility study by the nonprofit CALEB - Chattanoogans in Action for Love, Equality and Benevolence - was funded by the City of Chattanooga, and the consultancy firm Burlington Associates in Community Development was contracted to assist CALEB with the study.
Michael Gilliland is CALEB’s organizing director - and Austin Sauerbrei is co-chair of its economic mobility task force.