Al Ladd Valley Community Land Trust
The Valley Community Land Trust is a Franklin County MA based community land
trust. It owns land that it leases to home-owner lessees, whose rights
to use the land and limitations to the ownership rights of the homes
they own are governed by 99 year leases.
Typical American
Community Land Trusts are grass roots, community institutions
specifically chartered to serve low income homeowners, using state, federal and
and other funds to not only obtain the land, but usually also subsidize
the home itself, through mechanisms such as community block
grants, and special financing packages.
Other CLT's also uses grants and other public money to pay
staff to run their organizations.
VCLT is different. Its
lessees are mostly those who have built their own self-financed and self
built homes, or those who bought those homes from the original
lessee-builders, with no financial assistance from the VCLT beyond
not having to have bought the land. The organization is financed
entirely through its lease fees and limited donations, with a heavy
reliance upon volunteer labor.
Currently The Valley Community Land Trust owns land in Colrain, Wendell,
a piece that straddles Ashfield and Buckland, and a single home lot
and larger piece with 2 duplexes in
Greenfield. Its holdings currently contain 17 residences and two
more under construction. For more, see
VCLT.org, or
contact
me.