Homestead Community Land Trust creates stability, equity and opportunity by developing land and housing in trust, giving lower-income households the opportunity to own a home that is affordable to them and remains affordable to future owners. Our work is expanding an equitable economy for housing to create vibrant communities, help repair the harms of housing discrimination and protect vulnerable communities from displacement.
Homestead has provided more than 300 households the opportunity to purchase their first home. As a result, they achieve the stability and predictability of an affordable housing payment, and freedom from the disruption and anxiety of displacement. Homeowners and their children experience higher rates of economic mobility, educational and health outcomes. We want these transformational benefits for all people, but at present Black, Indigenous and People of Color (BIPOC) have far lower rates of homeownership than white people. This is the result of both historic systems of discrimination as well as the skyrocketing costs of housing in our region. Homestead's efforts serve as a solution to this ongoing issue and offer a path to permanently affordable homeownership.
With your support, Homestead is able to provide more homeownership opportunities for families like the Reece family of Skyway.