The need for action on foreclosures was a big theme at "Forging a New Housing Policy: Opportunity in the Wake of Crisis," a forum put on by the National Center for Suburban Studies and the Department of Sociology at Hofstra University in New York on Nov. 22. James H. Carr, chief operating office at the National Community Reinvestment Coalition, urged for better efforts to slow down foreclosures. The Lincoln Institute's presentation detailed two strategies for stabilizing housing in the long run: embedding the notion of land value capture into inclusionary zoning ordinances or statutes, by requiring below-market set-asides in any residential development that benefits from a zoning change; and allowing community land trusts to buy forcelosed properties in cities, to establish permanently affordable housing using the CLT model.
Community land trusts as a foreclosures strategy to bring about neighborhood stablization will be among the many topics discussed at the 2008 National Community Land Trust Network annual meeting and National CLT Academy, presented by the Lincoln Institute of Land Policy in partnership with the Dudley Street Neighborhood Initiative, Dec. 2-5 at the Seaport World Trade Center in Boston. The conference will focus on the stewardship role of communities, and best practices and organizational challenges for community land trusts, including green building strategies. Some 150 participants are expected, with representation from leading CLTs such as Troy Gardens in Madison, Wisc. Tina Brooks, undersecretary of Housing and Community Development for Massachusetts, will deliver the keynote speech on Weds. Dec. 3 at noon. Further details are available at the conference registration page, including a downloadable agenda; the press release is available here.
