What kind of support does a CLT provide for its homeowners?
A CLT makes a long-term commitment to its homeowners. Types of support offered by CLTs to homeowners after they purchase their homes include education, resources and community events. CLTs have helped homeowners with foreclosure prevention, property tax refunds, and re-financing options. CLTs also provide resources about reputable home maintenance contractors – some CLTs offer ‘how-to’ home maintenance workshops for its homeowners. CLTs can also provide a connection to the greater CLT community – CLTs host events for homeowners, publish informational newsletters geared toward CLT homeowners, and provide opportunities for homeowners to be involved in the decision-making process for the organization.
