Community-Led Development on Community-Owned Land
OUR WORK
Headwaters Community Trust is working to create homeownership opportunities and access to land and housing for low- and middle-income community members through community-based ownership, development, rehabilitation, and stewardship. We serve the northeastern Vermont towns of Albany, Craftsbury, Glover, and Greensboro, as well as adjoining communities. Our service area encompasses the headwaters region of the Black, Barton, and Lamoille Rivers.
FALL EVENTS
Make plans to attend our community conversations in Albany, Craftsbury, Glover, and Greensboro this fall. Bring your friends and your thoughts about housing challenges and solutions in the Northeast Kingdom! Childcare and stipends for attending will be provided through a generous grant from the Champlain Valley Office of Economic Opportunity Fair Housing Project.
Dates and locations will be announced soon. Join our email list and watch our Events page for announcements.
A social event for members and membership-curious folks will take place in November, followed by our first annual Members' Meeting in December.
What Is a Community Land Trust?
A community land trust is a proven vehicle for creating affordable housing that is permanently sheltered from the speculative housing market.
Purchasers of trust-owned homes sign a long-term, low-cost lease on the underlying land, which remains the property of the trust. Separating the value of the land from the value of the buildings reduces the purchase price of the buildings. The land lease includes a formula that limits the profit on any future resale. This assures that homes in the trust remain affordable in perpetuity.
Residents of trust homes are voting members of the trust. They elect the trust’s board of directors and guide the trust’s operations and growth.
Seeking New Members!
A strong community land trust requires a strong community of people! Become a member of Headwaters Community Trust, and help guide the growth and development of this exciting new organization dedicated to developing permanently affordable homes and other community assets in Albany, Craftsbury, Glover, Greensboro, and surrounding communities.
