Big River Community Land Trust
Government Administration, Po Box 1133, White Salmon, Washington, 98245, United States, 1-10 Employees
Who is BIG RIVER COMMUNITY LAND TRUST
We are a non-profit affordable housing organization and use the Community Land Trust model that's also been used around the country. The basic premise is the non-profit owns the land but ...
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- Headquarters: Po Box 1133, White Salmon, Washington, 98245, United States
- Date Founded: 2019
- Employees: 1-10
- Revenue: Under $1 Million
- Active Tech Stack: See technologies
Industry: Government Administration
SIC Code: 6021
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Frequently Asked Questions Regarding Big River Community Land Trust
Answer: Big River Community Land Trust's headquarters are located at Po Box 1133, White Salmon, Washington, 98245, United States
Answer: Big River Community Land Trust's official website is https://bigriverclt.org
Answer: Big River Community Land Trust's revenue is Under $1 Million
Answer: Big River Community Land Trust's SIC: 6021
Answer: Big River Community Land Trust has 1-10 employees
Answer: Big River Community Land Trust is in Government Administration
Answer: Big River Community Land Trust contact info: Phone number: Website: https://bigriverclt.org
Answer: We are a non-profit affordable housing organization and use the Community Land Trust model that's also been used around the country. The basic premise is the non-profit owns the land but sells a home (while leasing the land for a small fee) to someone who makes 80-120% of the area's Median Family Income (MFI) as defined by HUD. By keeping the price of the land out of the cost of the home the home becomes more affordable. Furthermore, by keeping control of the land the organization can ensure the house is resold at a price lower than market rate, and also to a buyer who is making 80-120% of MFI. The best part is this can happen forever.
Answer:
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