Community Land Trusts Get New Funding

Congresswoman Becca Balint is reviving her push for the Community Housing Act, a bold new bill designed to unlock federal funds to help nonprofits buy and sell homes at below-market prices—making homeownership truly accessible and generational. With Vermont needing 36,000 new homes by 2029, this model, already proven by groups like Champlain Housing Trust, lets buyers build equity while nonprofits retain land to keep housing affordable for future generations. Stories like Hayley Shriner’s show how it works in real life—helping people who couldn’t otherwise afford a down payment. The plan aims to inject $500 million nationwide to support nearly 300 community land trusts, which have shown success but lack consistent funding. After her 2024 bill stalled, Balint’s renewed effort seeks to finally provide the sustainable capital needed to turn this proven model into a nationwide solution. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/31171da2c20ff52d