- Jan 10 2023
- 5:30 pm - 6:30 pm
Webinar: Owning the Building, Leasing the Land: Potential and Pitfalls
This webinar will look more closely at the scenario where a resident, homeowner, or farmer owns the buildings that they live in and use, but only rents the land that those buildings sit on. This is called a “ground lease” and is often a part of the Community Land Trust model, but can be used in other situations as well, for example farmers who rent farmland but own the agricultural structures that they build. It is a model that is also used in many mobile home communities, often with negative repercussions for the “mobile” home owners who are captive to rent increases because they cannot actually move their manufactured home; so, we will also take a look at this challenge, and at the growing movement towards “resident-owned [manufactured home] communities.”
This webinar is the second of the Expanding Ownership: Shared Ownership Models to Increase Access to Housing and Farmland series.
This four-part event series is designed for professionals and community members who are passionate about increasing housing access OR farmland access and interested in learning about collaborative and community-based models to make ownership of real estate more accessible.
This event series is being co-hosted by the White River Valley Consortium, a collective effort to increase the availability of housing that is affordable for young workers and new entrepreneurs, and the White River Land Collaborative, which seeks to build a resilient land-based economy rooted in equitable land access, collaborative relationships, and community involvement. (However, you do not need to live in the White River Valley in order to participate!)
Organizers include Vital Communities, The Center for Agriculture and Food Systems at Vermont Law and Graduate School, Green Mountain Economic Development Corporation, and Two Rivers-Ottauquechee Regional Commission.