Colorado CLTs - Schumacher Center for a New Economics

Colorado

Chaffee Housing Trust
PO Box 692
Buena Vista, CO 81211
719-239-1199
info@chaffeehousing.org
chaffeehousing.org

Date Incorporated: 2008
Purpose: Affordable and sustainable housing for residents. 
Land Holdings:  12 homes,  3 rentals currently owned or rented. They plan on 14 new homes and 2 more projects in the future. 
Partners & Funders

Colorado Community Land Trust
7535 E Hampden Ave, Ste 600
Denver, CO 80231
303-856-7357
sbecker@coloradoclt.org
https://coloradoclt.org/

Date Incorporated: 2002
Purpose: Affordable workforce housing. 
Land Holdings: Over 215 homes located throughout Lowry, Speer, Cole and Swansea neighborhoods within the City and County of Denver.
Partners: In 2020, the Colorado CLT merged with Habitat for Humanity of Metro Denver to work together. The CCLT uses a land trust model while Habitat uses a long-term affordability (LTA) covenant on home deeds and together they are able to provide permanently affordable housing for the community.

Elevation Community Land Trust
1114 W. 7th Ave., Ste. 101
Denver, CO 80204
720-822-0052
info@elevationclt.org 
elevationclt.org 

Date Incorporated: 2018
Purpose: Affordable and accessible housing to combat displacement.
Land Holdings: They hope to have more than 500 homes by the end of their first five years (2018-2023). Currently there are a number of housing options which can be found here
Additional Information: Public-private partnership; Uses an appraisal formula to determine the affordability gap of properties, this cost is split municipal governments who subsidize half of the affordability gap; This one-time subsidy lowers the purchase price for home buyers, who agree to apply the appraisal formula if they wish to sell the house.
Governance Notes: Tripartite board  but no voting membership; Interested in becoming a membership  organization but challenged by the geographical spread of land holdings.
Partners & Funders
Media:
Mile High CRE: City Council Approves Two Affordable Housing Projects (Dec. 16, 2019).

Globeville, Elyria-Swansea Community Land Trust
        c/o the Globeville, Elyria-Swansea Coalition Organizing for Health and Housing Justice
P.O. Box 16132
Denver, CO 80216

720-282-9343
info@gescoalition.com
gescoalition.com

Date Incorporated: 2019
Purpose:
Displacement prevention.
Land Holdings:  Five single family home lots as of Feb. 2020.
Additional Information: GES Affordable Housing Collaborative—a partnering of community members from GES Coalition, nonprofit Brothers Redevelopment, Inc. and the Colorado Community Land Trust received $2m grant from the Colorado  Department of Transportation in 2018 for mitigation of replacement housing following the expansion of Interstate 70 through the Elyria-Swansea neighborhood.
Partners & Funders

GES CLT organizers receiving $2m. grant from Colorado Dept of Transportation

Goose Creek Community Land Trust
815 North Street
Boulder, Colorado 80304
(303) 545-6255
david@goosecreekclt.org
goosecreekclt.org

Date Incorporated: 2018
Purpose:
To create, preserve and advocate for environmentally sustainable housing that is permanently attainable for a diversity of income levels.
Land Holdings: They have one housing co-op for sale which will have shared amenities and transportation and private bedrooms and bathrooms. This is an energy efficient, cost-saving building. In 2015, they led a successful citizen effort to encourage the City of Boulder to buy a former hospital site (8.8 acres of land now called the Alpine Balsam Project) to discourage further gentrification of housing in 2015 and have since worked to make sure redevelopment includes significant for sale, mixed income housing that is primarily car share-bike-ped-transit served. They hope to participate in development there as well. 
Governance Structure: Board made up of renters/homeowners from Goose Creek projects, neighbors of the projects, representatives of a diverse community, NGO and business leaders, and former staff/elected officials of relevant city departments. 
Additional Information: Goose Creek CLT was founded by a group of investors and community members interested in the model as a part of a vision for a more just, inclusive and sustainable Boulder.  One of their inspirations is the suburb of Vauban in Freiburg, Germany, which is largely car-free and low-stress. 

Rocky Mountain Community Land Trust
1212 West Colorado Avenue
Colorado Springs, CO 80904
719-447-9300 
info@rmclt.org
rmclt.org

Date Incorporated: 1996
Purpose: Affordable homeownership for low-income families.
Land Holdings: 206 homes.
Governance Notes: Board of trustees is tripartite, yet is selected by current members of the board; Membership is limited to homeowners.
Additional Information:  Assisted 338 families through affordable homeownership programs; Manages an additional 37 transitional housing units, 92 affordable rentals, one special needs housing unit, and two community centers.
Partners: Habitat for Humanity, Greccio Housing, Partners in Housing.

Urban Land Conservancy
1600 Downing Street Suite 300
Denver, CO 80218
303-377-4477
admin@urbanlandc.org
urbanlandc.org/community-land-trust

Date Incorporated: 2003
Purpose:
Mitigate and further prevent involuntary displacement of Denver’s vulnerable communities.
Land Holdings: Six neighborhoods with affordable housing developments, apartment buildings, mixed-use commercial units,  non-profit offices, commons, parks, and two schools. One school is based in Montessori education and the other uses a "radical new approach to time, talent and technology."
Governance Notes: Not a membership-based organization; self-perpetuating board.
Partners:
Collaborated with philanthropic funders to launch Elevation Community Land Trust (ECLT).