This land trust is creating permanently affordable homes amidst increasingly-expensive real estate on beautiful Orcas Island, Washington. Co-founder Michael Sky explains how they provide 99-year leases on the homes built on land trust property. Restrictions limiting the resale value allow owners to sell at a reasonable profit while keeping the homes affordable forever. [www.opalclt.org, www.nationalclt.org]

This entry was posted on Friday, December 14th, 2007 at 9:24 pm and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.