In a number of communities, CLTs own the land under cooperative housing complexes. In these situations, the cooperative corporation is the lessee. Here is alternate language for Article XIV of the model ground lease when the co-op itself is the...[More]
Posted by Mike Brown | Comments (0)
For a variety of reasons, condominiums are increasingly being developed as housing options for limited-income households. Condominiums create unique challenges for CLTs, although there are established precedents for bringing condos into a CLT's portfolio of permanently affordable homes. John Davis...[More]
Posted by Mike Brown | Comments (0)