Spokane Community Land Trust Open House, July 17
The Spokane Community Land Trust (SCLT) is a new nonprofit organization focused on providing affordable home ownership opportunities to low- and moderate-income households in the Spokane area. Community land trusts enable affordable home ownership by separating the ownership of the land from the ownership of the house. The land is placed in a trust, making home buyers responsible only for the cost of the structure. CLT home buyers lease the land from the nonprofit for a modest fee. The SLCT…