What is the DP-CLT?
Dwelling Place is dedicated to developing housing solutions that work for people and prevent displacement. Community Land Trusts (CLTs) are nonprofit, community-based organizations that retain ownership of land and sell the homes on that land to low and moderate income households for prices they can afford.
Designed to benefit low and moderate income families, the CLT model ensures long-term affordability in home ownership and is governed by a board of directors made up of ⅓ housing residents, ⅓ community representatives, and ⅓ Dwelling Place Board Members.
Why is a CLT right for your community?
Each community has different needs. Dwelling Place works with local and state government, donors and neighbors to develop housing solutions that can meet the unique needs of each community. We evaluate the potential feasibility for a CLT by assessing market demand, affordable housing needs in the community, donor interest and the availability of land and buildings for development.
These Dwelling Place rental properties, located in Grand Rapids, have been selected as our initial CLT opportunity sites. Current renters who are interested will be provided with an opportunity to consider homeownership through a review of their present qualifications and steps they may need to take to qualify, if they are not already qualified for mortgage financing. No current resident who rents will be displaced by the CLT but when a current resident does vacate a unit, those units will be renovated and placed on the market for purchase within the CLT.
106 South Division
120 South Division
Grandville Ave. & Rumsey St.
New Hope Homes
Putnum St. & Shelby St.
Our commitment to Fair Housing:
The Dwelling Place Regional Community Land Trust is committed to fair housing and the right to choose housing free from unlawful discrimination. Fair housing laws protect people from discrimination in housing based on race, color, religion, sex, national origin, familial status, disability, marital status, and age. Discrimination is illegal in housing transactions such as rentals, sales, lending, and insurance. Learn more about Fair Housing here.