EM ILY T HA DEN, P H .D.NAT ION A L CLT NET W ORK

BRENDA T ORPYCHA M P LA IN HOUSING T RUST

The State of CLTs in the U.S.

Roughly 250 U.S. CLTs

Exponential Growth of CLTs

1970-74 1975-79 1980-84 1985-89 1990-94 1995-99 2000-04 2005-09 2010-130

20

40

60

80

100

120

140

160

180

200

220

240

260

Foreclosure filings on U.S. properties by year

1 in 45 housing units

1 in 45 housing units

We’re the solution to “hot market” problems

% of Median Income needed for first purchase

% of Median Income needed for subsequent purchases

We’re the solution to “cold market” problems

Fewer clt start-ups after NSP Less homeownership development after

NSP Shrinking public & private funding Lack of access to home mortgages Fewer mortgage-ready buyers More in-trouble owners

Consequences of the foreclosure crisis & Great Recession

More rental development More urban agriculture More mergers & acquisitions Needed organizational sustainability

planning

New solutions in response to new problems

PUBLIC AWARENESS

CAPACITY

BEST PRACTICES

FUNDING

GROWTH

Ongoing challenges for CLTs

Proactive, eff ective, and participatory policy engagement

Grow capacity of CLTs

Expansion-adoption approach for on-the-ground outcomes

Broader sector development & coordination around “permanently aff ordable housing”

Organize, brand, professionalize, and standardize the broader sector

Future Directions (hoped by the Network)