Ohio CLTs - Schumacher Center for a New Economics

Ohio

Central Ohio Community Land Trust
845 Parsons Avenue
Columbus, Ohio 43206
614-724-5263
info@coclt.org
coclt.org/

Date Incorporated: 2018
Purpose: To construct homes on parcels owned by the City of Columbus and Franklin County Land Banks in areas where there has a been a steady increase in market rate costs for housing.
Land Holdings: They are still in developing phases but have 9 neighborhoods which they are working in.  There are 1,800 plots of land held between two land banks. Initial launch consists of single residential units with plans to move towards multi-family and commercial. 

Governance Notes: Established as a subsidiary of Central Ohio Community Improvement Corporation (COCIC). 

Oberlin Community Land Trust
Oberlin, OH 44074
216-458-4663
oberlinclt@gmail.com

oberlinclt.org

Date Incorporated:  2019  (still organizing)
Purpose:
Permanent, affordable housing where homeowners can generate equity and create a sense of community. 
Land Holdings: 
They recently acquired their first property in March 2022 and are in the progress of fixing it up. 
Media:
 www.morningjournal.com/news/lorain-county/oberlin-community-land-trust-seeks-to-keep-housing-affordable

Renting Partnerships
Cincinnati, OH 45202
513-368-5913 
contact@rentingpartnerships.org 
rentingpartnerships.org

Date Incorporated: 2012
Purpose: Affordable housing
Land Holdings: Four multi-family homes; Received property through donation and city funding.
Governance Notes: Board is self-replicating, but remains tripartite and responsible to membership; Residents organize and are in charge of their own operations within the multi-family units.  Uses “dividend housing” ownership model, which offers a 3rd option between homeownership and rental; Residents build equity in a financial account rather than property, this allows them to budget money through their care and residency of the property, but relieves them of the financial burden of owning a home.  Leases contain a scheduled legal agreement for earning credits towards an equity system which operates like a mortgage; credits are earned through day-to-day upkeep and participation in community organizing, thus this model seeks to remove both property and social duties from the market. 

Yellow Springs Home, Inc. 
P.O. Box 503
Yellow Springs, OH 45387
937-767-2790
info@yshome.org
yshome.org

Date Incorporated:  1995
Purpose:
Assist long-term community members, maintain economic diversity, promote racial integration, affordable and sustainable building.
Land Holdings:
26 for-sale homes and 14 for rent. They are currently working on a new project for senior housing. 
Additional Information:  Home Inc. runs a number of events and workshops for existing and potential residents of the organization's homes.