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Spotlight: City of Lakes Community Land Trust ensures perpetually affordable home ownership in Minneapolis

Since 2001, Nexus’ partner City of Lakes Community Land Trust (CLCLT) has been fostering stewardship of perpetually affordable home ownership for low- and moderate-income families throughout Minneapolis. Part of this process includes purchasing and rehabilitating tax-forfeited, vacant properties that will remain perpetually affordable through the Community Land Trust.

Check out this video about one of the properties CLCLT purchased, rehabilitated, and is in the process of closing with one Minneapolis family:

http://vimeo.com/80950974

House

Nexus is proud to partner with CLCLT as a Community Land Trust that is invested in and successfully ensuring community asset and wealth building through home ownership in Minneapolis. Keep up the great work CLCLT!

Learn more about land trusts and how to purchase a home through the Community Land Trust here.