Community Land Trust Presentation at Chamber Luncheon

Weekly luncheons are held every Wednesday at noon. Enjoy great food, dynamic speakers, and exciting networking opportunities. Chamber luncheons are open to the public. Chamber members receive special member-only pricing.

Executive Lunch Sponsor
First National Bank Alaska
Upgrade to the Executive Lunch and receive VIP treatment including cookies and special prize drawings.

Speaker
Michael Brown, Partner
Burlington Associates in Community Development

Presentation
A Community Land Trust in Sitka
A community land trust (CLT) creates opportunities for households to purchase a home they would otherwise not be able to afford. In exchange, the CLT limits the price at which the initial homeowner can sell his/her home, allowing the seller to build equity while ensuring that the home remains affordable for the next homebuyer household without requiring additional assistance. Michael will discuss community land trusts and how they operate, as well as the CLT initiative currently being planned by the Sitka Community Development Corporation.

Biography
Michael Brown is a Partner in Burlington Associates in Community Development. He served as the founding Executive Director of Woodland Community Land Trust in Clairfield TN, one of the first CLTs in the country, and later as co-director of the Institute for Community Economics. For the past 15 years, his primary work through Burlington Associates has been providing technical and consulting assistance to establish and build the capacity of 60+ new and existing CLTs and bolstering public and private sector support for CLTs – through the National CLT Network, Cornerstone Partnership and directly through Burlington Associates. He lives with his life partner in rural Collegeville Township in central Minnesota.