STARTING A CLT: ORGANIZATIONAL &OPERATIONAL CHOICES Brussels – July, 2013 Presented by Tony...
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Transcript of STARTING A CLT: ORGANIZATIONAL &OPERATIONAL CHOICES Brussels – July, 2013 Presented by Tony...
![Page 1: STARTING A CLT: ORGANIZATIONAL &OPERATIONAL CHOICES Brussels – July, 2013 Presented by Tony Pickett.](https://reader035.fdocuments.in/reader035/viewer/2022062309/5697bfad1a28abf838c9bd2e/html5/thumbnails/1.jpg)
STARTING A CLT:ORGANIZATIONAL &OPERATIONAL CHOICES
Brussels – July, 2013
Presented by Tony Pickett
![Page 2: STARTING A CLT: ORGANIZATIONAL &OPERATIONAL CHOICES Brussels – July, 2013 Presented by Tony Pickett.](https://reader035.fdocuments.in/reader035/viewer/2022062309/5697bfad1a28abf838c9bd2e/html5/thumbnails/2.jpg)
PART 1 Quick Overview of the “Classic” CLT
![Page 3: STARTING A CLT: ORGANIZATIONAL &OPERATIONAL CHOICES Brussels – July, 2013 Presented by Tony Pickett.](https://reader035.fdocuments.in/reader035/viewer/2022062309/5697bfad1a28abf838c9bd2e/html5/thumbnails/3.jpg)
What is a Community Land Trust?
A CLT owns and stewards land for the common good in perpetuity, by providing:
Affordable housing Commercial spaces Community Services Farming or open land
![Page 4: STARTING A CLT: ORGANIZATIONAL &OPERATIONAL CHOICES Brussels – July, 2013 Presented by Tony Pickett.](https://reader035.fdocuments.in/reader035/viewer/2022062309/5697bfad1a28abf838c9bd2e/html5/thumbnails/4.jpg)
How are CLT organizations structured?
Generally Non-Profit 501(c)3: Community based Membership organization Tri-partite governance Defined service area Sustainable - perpetual responsibility
![Page 5: STARTING A CLT: ORGANIZATIONAL &OPERATIONAL CHOICES Brussels – July, 2013 Presented by Tony Pickett.](https://reader035.fdocuments.in/reader035/viewer/2022062309/5697bfad1a28abf838c9bd2e/html5/thumbnails/5.jpg)
How are CLT properties structured?
Individual owns the improvements (home) and the leasehold right
Community Land Trust owns the land
Dual Ownership
![Page 6: STARTING A CLT: ORGANIZATIONAL &OPERATIONAL CHOICES Brussels – July, 2013 Presented by Tony Pickett.](https://reader035.fdocuments.in/reader035/viewer/2022062309/5697bfad1a28abf838c9bd2e/html5/thumbnails/6.jpg)
Ground Lease ties house & land together
How are CLT properties structured?
Dual Ownership
![Page 7: STARTING A CLT: ORGANIZATIONAL &OPERATIONAL CHOICES Brussels – July, 2013 Presented by Tony Pickett.](https://reader035.fdocuments.in/reader035/viewer/2022062309/5697bfad1a28abf838c9bd2e/html5/thumbnails/7.jpg)
How is perpetual affordability structured?
Lower Price At First Sale
Lower Price at Resale
Lower Price at Every Resale
Resale-Restrictions
![Page 8: STARTING A CLT: ORGANIZATIONAL &OPERATIONAL CHOICES Brussels – July, 2013 Presented by Tony Pickett.](https://reader035.fdocuments.in/reader035/viewer/2022062309/5697bfad1a28abf838c9bd2e/html5/thumbnails/8.jpg)
Perpetual Affordability = Perpetual Responsibility
1. Long Term Maintenance2. Sustainable Organizations
![Page 9: STARTING A CLT: ORGANIZATIONAL &OPERATIONAL CHOICES Brussels – July, 2013 Presented by Tony Pickett.](https://reader035.fdocuments.in/reader035/viewer/2022062309/5697bfad1a28abf838c9bd2e/html5/thumbnails/9.jpg)
PART 2 Organization Choices: Classic v. Variations
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Variation on a Theme
Organizational Landscape Existing Development Funder Priorities Unfamiliar Model Regional Opportunities
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Organizational Choices
1. Sponsorship2. Governance3. Service Area4. Beneficiaries5. Development Strategy6. Development Type
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1. The Organization/Sponsor
Grassroots Non-profit
Variations: Government Sponsorship Existing Non-Profit Sponsorship Employer Sponsorship
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Grassroots Sponsorship
Create a New Non-Profit Pros:
Community Acceptance/Legitimacy Understanding of the local market No political baggage
Cons: Capacity building Credibility Competition for funding
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Government Sponsorship
Operate as a Governmental Program Pros:
Financial support Staff support Legitimacy
Cons: Suspicion of government Political affiliation Top-down development Bureaucracy
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Nonprofit Sponsorship
Work with an Existing Non-Profit Pros:
Build on existing capacity Immediate productivity
Cons: Political baggage Accountability to leaseholders Accountability to community Divided loyalties/multiple commitments
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Employer Sponsorship
Partner with Local Business Pros:
Immediate capacity and credibility Access to funding from employers
Cons: Accountability to employers Target population (workforce housing)
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2. Governance: The “Classic” Tripartite Board
Leaseholders
Public Representatives
Members
The “Classic” Tripartite Board
Variations No General Membership Organizational Members Appointed Seats Why
Bother?
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3. Service Area
Neighborhood
City-wide
County-wide
Metropolitan
State-wide
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4. Beneficiaries
Who will you serve? Income? Residency? Workforce?
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CLT Development Buyer-initiated scattered
site Developer-initiated Municipal projects Partnerships
5. Development Strategies
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Single Family Detached Condos Coops Co-housing Rental Mobile Home Parks
6. Development Type
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QUESTIONS?