Permanent affordability. That’s their beauty. Resale restrictions that limit home prices while allowing the seller to reap the benefits of homeownership. That’s their ingenuity. Hear how four Washington community land trusts are garnering community and government support to grow their land trusts and meet the housing needs of their communities.
It’s hard to believe that just two years ago 550 Madison Avenue was on the auction block, the community was up in arms, and HRB was doing everything it could to prevent the loss of 13 affordable homes. Today, $2 million from the American Rescue Plan Act (ARPA) means HRB is close to what it needs to purchase 13 units at the Wyatt & Madison development, which will occupy the site of the former 550 Madison and replace the original units.
The City of Bainbridge Island will receive $7 million from the American Rescue Plan. Let City Council know that you want them to direct a portion of these funds to affordable housing. Read on for more information on how HRB would like to see the money spent and for a sample letter you can send to City Council.
Every year, 10,000 Bainbridge Islanders visit Virginia Mason Franciscan Health. To keep these patients well cared for and happy requires a workforce that is also well cared for and happy. But without much affordable housing on the island, it can be difficult to retain the workforce essential to maintaining the health of the community.
This election season is crowded with issues, but for HRB, one rises to the top: the lack of affordable housing. Before you vote on November 2, read the candidates' views here.