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JOIN OUR MOVEMENT FOR AFFORDABLE HOUSING!
PEOPLE OVER PROFIT. In today's fast-paced world, the housing market often prioritizes profit over people, leaving many individuals struggling to find affordable and stable homes. We believe in a different vision—a vision where communities take charge of their housing destiny. Welcome to the concept of Community Land Trusts, where neighbors work together to create sustainable, equitable, and inclusive opportunities for homeownership.
Whether you are seeking, selling, or supporting affordable housing in Central Indiana, you have a role to play in creating a collective housing movement... JOIN US!
100k
Up-to $100k in home buying assistance, for those that qualify.
60%
Assisting homebuyers at or below 60% of the Area Median Income
99+
Serving over 100 Metro
Indianapolis Neighborhoods
COMMUNITY BENEFITS:
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Provides homeownership options for those who have traditionally been left out of homeownership.
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Community land trust conserves land & protects the condition of affordable housing.
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Resale restrictions protects community investment and keeps home affordable for the next generation.
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Combats gentrification & cultural displacement.
What is a Community
Land Trust?
A community land trust (CLT) is a community-driven organization that buys and manages land to keep it affordable for residents. Think of it as a group effort to make sure people have a place to live without worrying about skyrocketing housing prices. In a CLT, the community owns the land, while individuals own their homes, paying a small fee to lease the land. This setup helps keep housing costs stable and ensures that homes remain affordable for future generations.
The idea of community land trusts started during the civil rights movement in the 1960s. Civil rights activists wanted to help African American families, especially farmers in the South, secure land and housing. They founded the first CLT, New Communities Inc., in Georgia in 1969. This grassroots effort was led by visionaries like Charles Sherrod and Slater King from the Southern Christian Leadership Conference. Today, CLTs are used in many communities to promote fair and sustainable housing solutions, keeping neighborhoods strong and inclusive.
How it Works
1. MEMBERS RULE:
Indianapolis Community Land Trust (Indy CLT) is a member-led organization. Community members serve on and elect our board of directors, which is made up of ⅓ CLT residents, ⅓ general members and ⅓ supporting members.
2. BUILDING COMMUNITY WEALTH:
One of Indy CLT’s goal is to create opportunities for Black, Brown and low-income Indy residents who are locked out of the housing market. The Indy CLT helps homebuyers buy a home, have long-term stability and build equity.
3. COMBATING GENTRIFICATION:
In reciprocity, CLT residents agree to pass this opportunity on to another low-income family should they choose to sell their home (or they can also pass it down through inheritance).
BECOME A MEMBER
JOIN US IN BUILDING A BETTER FUTURE
We invite you to be a part of this transformative movement. Whether you're a potential resident, a community organizer, or a supporter of equitable housing, there is a place for you. Together, we can create neighborhoods where everyone has a safe, affordable, and welcoming place to call home.
Buy an Indy CLT Home
Purchasing a home through our Community Land Trust (CLT) is more than just buying a house; it's joining a community dedicated to sustainability, affordability, and mutual support. Here's everything you need to know about purchasing a CLT home and how you can take the first steps toward ownership.
UPCOMING INDY CLT EVENTS:
Wed, Oct 09Alkhemy Community Wealth Building CenterOct 09, 2024, 6:00 PM – 7:30 PMAlkhemy Community Wealth Building Center, 3802 N Illinois St, Indianapolis, IN 46208, USAJoin our monthly membership meeting for both new and existing members to build relationships and discuss what's next for the Indianapolis Community Land Trust. At this meeting we will hold the public lottery to select four participants for our Homebuyer Choice Pilot Program.