opal community land trust


Peak Moment: Affordable Homes Forever - OPAL Community Land Trust

11 Jan 2008 | |
View all related to affordable housing | city | economic justice | opal community land trust | orcas island | Peak Moment Television

This land trust is creating permanently affordable homes amidst increasingly-expensive real estate on beautiful Orcas Island, Washington. Co-founder Michael Sky explains how they provide 99-year leases on the homes built on land trust property. Restrictions limiting the resale value allow owners to sell at a reasonable profit while keeping the homes affordable forever. http://www.opalclt.org, http://www.nationalclt.org. Episode 89.