Note the eight sources below are individual chapter sections that form part of a manual written by John Emmeus Davis of Burlington Associates. Full listing is: John Emmeus Davis, Starting a Community Land Trust: Organizational and Operational Choices, Burlington, VT: Burlington Associates in Community Development LLC, January 2007.
Organized through the Department of Housing and Urban Development (HUD), the Self-Help Homeownership Opportunity Program (SHOP) awards grants to national and regional nonprofit organizations or consortia that have experience in using homebuyer and volunteer labor to build housing for low-income families. Established in 1996 to help mitigate the high costs of land acquisitions and infrastructure planning, SHOP received $26.5 million in FY 2009 and $27 million in FY 2010. Read more about Self-Help Homeownership Opportunity Program ...
NeighborWorks America is a national nonprofit organization created by Congress to provide financial support, technical assistance, and training for community-based revitalization. In the FY 2010 budget passed by Congress, NeighborWorks received $233 million. Read more about NeighborWorks America (Neighborhood Reinvestment Act) ...
The Low Income Housing Tax Credit (LIHTC) is the nation's leading financing program for the production of affordable rental housing. In 2007, the LIHTC helped finance the development of 75,000 units of affordable housing across the country. The annual cost of the tax credit to the federal government is approximately $5 billion. Read more about The Low Income Housing Tax Credit (LIHTC) ...
Established in the Housing Act of 1959, Section 202: Supportive Housing for the Elderly, is a Housing and Urban Development (HUD) program that provides capital advances to private, nonprofit sponsors to finance the development of housing for elderly residents. In FY 2010, Congress appropriated $825 million for Section 202 construction and rental assistance projects. Read more about HUD Section 202: Supportive Housing for the Elderly...
HOME Investment Partnerships, an affordable home ownership technical assistance program ran by the U.S. Department of Housing and Urban Development (HUD), is authorized as part of the Cranston-Gonzalez National Affordable Housing Act, initially approved by Congress in 1990. The HOME program awards block grants to state and local governments ("participating jurisdictions") to develop affordable housing. Read more about HOME Investment Partnerships Program ...
The Community Development Block Grant Program (CDBG) provides grants to states and local governments to address a wide variety of community development needs. At least 70 percent of each grant must be used for activities that benefit low- and moderate-income persons. The remaining 30 percent may be used for other projects, including those that prevent or eliminate slums and blight. Read more about Community Development Bank Grant Program (CDBG)...