Housing & Community Land Trusts
Housing — specifically, affordable, place-appropriate housing, both owned home and rentals — is one of the most vexing challenges facing rural and remote communities and First Nations. Young working individuals and families in rural settings, where wages often lag behind those found in major urban centres, find themselves unable to break into the commercial real estate market, and rentals are often scarce and expensive, relative to the local wage situation.
While the rural housing situation is often daunting, it is not hopeless. There are examples of small rural communities that have managed to tackle their housing problems, for example through Community Land Trusts (CLTs), in the process providing local residents with attractive options that allow them to build toward eventually entering the traditional housing market if they wish while providing them with affordable, well-built homes in the meantime.
CLTs with their land lease and shared equity approach can be of particular benefit to households in this income range. The above BC Rural Centre animated video describes how a land lease & shared equity approach offers the possibility of addressing this ongoing housing challenge.
Improving the National Housing Strategy (NHS) is one of the 3 priority areas for 2021-22. The Council…
Patrick Condon doesn’t buy the argument that sky-high housing prices in Vancouver and Toronto can be pinned…
A success story posted by Preston Mulligan of CBC Nova Scotia tells about how the housing shortage…
Join our Newsletter Community
We never spam or share your contact information but we will keep you up-to-date with the latest news and information that is of importance to Rural, Remote and First Nations British Columbians...