The Champlain Housing Trust has been selected to receive a $130,000 grant from the Social Innovation Fund of the Corporation for National and Community Service
As one of the oldest and largest community land trusts nationwide, Champlain Housing Trust provides homebuyer education and financial counseling and manages over 500 owner-occupied homes and 1,500 apartments. Over 1,000 of these apartments were developed in partnership with VHFA either through direct financing or low-income housing tax credits.
Champlain Housing Trust intends to use the Social Innovation Fund grant to "expand its post-purchase stewardship capacity, explore options for expanded partnerships and new funding to add homes to its portfolio, and develop tools that will help standardize and streamline the operations of six smaller community land trusts in Vermont," according to the housing trust's press release last week.