Community Land Trust Of Schenectady’s mission is to foster healthy communities through the creation, stabilization, and preservation of quality long-term affordable housing.
COMMUNITY LAND TRUST OF SCHENECTADY is one of over one hundred community land trusts in then nation today. A community land trust is a nonprofit corporation that owns land and holds it “in trust” forever for the benefit of the community. COMMUNITY LAND TRUST OF SCHENECTADY employs the CLT model to create a supplemental market of permanently affordable homes CLT homeowners receive a reasonable rate of return on their investment and benefit from the security that comes with homeownership. The community at large benefits from the stability brought about by owner occupied home.
Have you always wanted a home of your own? It doesn’t have to be a dream! The COMMUNITY LANDTRUST OF SCHENECTADY has been providing homeownership opportunities for low to moderate income families since 1991, utilizing the Community Land Trust model of home ownership.
COMMUNITY LAND TRUST OF SCHENECTADY is a democratically structured, membership based, community land trust, working to create healthy communities through permanently affordable homeownership. We promote affordable, ecologically sound land use for housing and working landscapes by offering financial and educational support to the residents of the city of Schenectady.
COMMUNITY LAND TRUST OF SCHENECTADY (CLTS) was formed in 1991 to provide affordable housing in the Hamilton Hill and Vale neighborhoods of Schenectady. Today we serve the entire city of Schenectady.
In December 2000, CLTS was designated a Neighborhood Preservation Company by the New York State Department of Housing and Community Renewal. Our financial support comes from a variety of additional government and private sources.
COMMUNITY LAND TRUST OF SCHENECTADY may be able to help make your dream of owning a home a reality! Our programs can bring down the cost of a home to as little as one third the price of an average home in Schenectady.
Phone: (518) 372-7616 Fax: (518) 346-3939 Email: info@CLTofSchdy.org