Navigation

Community Land Trusts

Promoting Affordable Housing through State Policy

The effects of the sub-prime lending disaster are still being felt as the stock market has been rocked in recent weeks and many families find themselves locked out of the mortgage market.  As we highlighted in the past, the subprime mortgage market was largely aimed at economically-strapped families trying to find some way to afford homes.  For low-income renters who never had the money to even be in the game, rising rents have increasingly priced them out of their homes.