Lawrence considers land trust plan to reduce buyer costs
Lawrence negotiating a city backed land trust to strip land costs from home purchases. The plan would transfer about 500000 from the housing trust fund to the new Lawrence Community Land Trust and shift 250000 yearly federal funds from HOOT to support 20 to 30 participants. Critics warn of limited resale value and lost full ownership while supporters say it preserves affordability long term.
MENTIONED IN THIS ARTICLE
Buford
Lawrence Community Land Trust
Affordable Housing Trust Fund
Sue Hack
Lawrence
Hack
Victor Torres
Jean Lilley
Lawrence Habitat For Humanity
Lilley
Mike Yoder
Journal-World Photo
Rebecca Buford
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Land trust program would lease land to homeowners
The plan describes a 99 year lease with a land trust granting use of the land while homeowners maintain and landscape the property. Eligible buyers must earn under 80 percent of the Douglas County median income, about 49 750 for a four person family, and organizers aim to assist 30 families in year one.
MENTIONED IN THIS ARTICLE
Lawrence's
Douglas , County
Department of Housing, and Urban Development
County offices face major transitions in Eudora race
County offices undergo sweeping changes as Branson prepares to replace Christine Kenney as district attorney and clerk-elect Jamie Shew takes office January 10. Half the DA staff may depart. turnover is expected while Shew pushes election reforms. Treasurer-elect Paula Gilchrist plans to appoint a deputy and study the role before taking office in October.
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Christine Kenney
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Kansas State University
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Jamie Shew
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Eudora
Lecompton
Shew
Marni Penrod
Patty Jaimes
Penrod
Jo Dalquest
Paula Gilchrist
Salvation Army
Gilchrist
Cindy Monshizadeh
Pat Wells
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