Impact and Programs
Increased the number of new homeowners served by over 50% over previous year from 27 2014
to 41 in 2015.
60% of new homeowners in 2015 represented Community of Color households, up from 52% in 2014.
Developed and revised previous CLCLT homeowner survey, which was administered in the 1st quarter of 2016.
A. Be the catalyst to ensure proactive permanent affordable homeownership policy(ies) and investments at the City of Minneapolis in order to double the number of CLCLT homes from 200 to 400 by 2020.
B. Prioritize the Homebuyer Initiated Program (HIP) as the preferred buyer program while balancing earned income streams presented through development opportunities with policies/funding that would significantly grow the number of CLCLT units.
C. Deepen and grow CLCLT organizational and programmatic capacity to best serve the voiced needs of the community.
D. Explore and support the development of Commercial CLTs and other innovative community-driven initiatives that prioritize the long-term benefit to the community through CLCLT principles.
Community or Constituency Served
Low-to Moderate-Income households (less than 80% AMI) seeking to achieve affordable, supportive, sustainable homeownership in Minneapolis.
Geographic Area Served
City of Minneapolis