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A Community Land Trust
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About Yellow Springs Home, Inc. |
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Yellow Springs Home, Inc. was originally chartered by the state of Ohio in 1995 to help long-term community members remain in the area, to maintain economic diversity in Yellow Springs, and to promote racial integration. It was organized as a community land trust (CLT) in 1998 to carry out these goals. Yellow Springs Home, Inc. is a private, nonprofit corporation. Our purpose is to build and acquire affordable housing for persons who are poorly served by the prevailing housing market. Home, Inc. is also a member of the Ohio Community Development Corporation Association (OCDCA) and the National Community Land Trust Network. Home, Inc. became a certified Community Housing Development Organization (CHDO) in 2001. For detailed information about community land trusts, important aspects of land trusts and Home Inc. housing, click on the following topics: A Community Land Trust - How Does It Work? The Community Land Trust Model |
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Yellow Springs Home, Inc. Board, Committees, and Staff: |
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Yellow Springs Home, Inc. is a membership organization. Once a year the general membership meets and elects trustees to the board. Some of these nominations are made by the board and some by the membership. The board has 12-15 members, one-third of whom are income qualified to own a Home, Inc. home. There is always at least one homeowner representative on the board. |
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