Preserving affordability for future home buyers
Thursday, September 4th, 2008
Vashon Island has one, as does Orcas Island and Lopez Island – but not Bainbridge Island. Despite having similar affordable housing challenges, Bainbridge has not yet tried a community land trust, which puts a home’s land in the ownership of a nonprofit and the house itself in the ownership of its residents.
But if all goes according to plan, Bainbridge will have 17 units built with the CLT model in the next couple years. To learn more about the island’s effort to establish a CLT on Ferncliff Avenue, read my story below.
But even with 17 units, Bainbridge will be far behind its less-populated island cousins.
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