About Central Vermont Community Land Trust
In our efforts to create and preserve safe, decent and affordable housing, the Central Vermont Community Land Trust addresses the shortage of affordable housing and the housing affordability gap for low and moderate income residents, in part, through rental properties and homes for sale.
The Central Vermont Community Land Trust is a 501(c)(3) charitable nonprofit corporation, formed in 1987, under the laws of the State of Vermont. It is an affordable housing organization built on the Community Land Trust model (See the Institute for Community Economics for more information on the Community Land Trust Model).
What We Do
We operate three primary programs:
Our affordable housing development programs create rental housing, single-family homes, and ownership within mobile home parks.
Our NeighborWorks® Homeownership Center increases the rate of homeownership in Central Vermont through the delivery of comprehensive services to homebuyers. The HomeOwnership Center also manages a Property Rehabilitation loan fund.
Our Tenant Relations department provides property management services for CVCLT-owned rental housing and mobile home parks and for some units developed by other entities.
We have assisted Studio Place Arts to transform a vacant block in downtown Barre into a community center for the visual arts that includes studio space, teaching space, and a non-profit gallery. We have worked with the Good Samaritan Haven in Barre to develop housing for homeless families, worked with Washington County Mental Health Services to renovate two Montpelier buildings into homes for homeless people, and worked to renovate an office and visitation facility in Barre for the Sexual Assault Crisis Team of Washington County.
CVCLT is a membership organization with approximately 400 members. Every CVCLT tenant and homeowner automatically becomes a CVCLT member, with the membership electing representatives to the Board of Trustees.
CVCLT is governed by a 15-person Board of Trustees, all of who live in our service area. CVCLT’s bylaws require one-third of its Board members to be representative of and elected by the organization’s “resident members” (i.e., tenants and homeowners residing in units located upon CVCLT land). One-third of the Board members are “general representatives,” representative of – and elected by – the membership at-large. Finally, one-third of the Board members are “public representatives,” nominated by the Board’s other members and elected by the CVCLT’s entire membership. This structure ensures that the Board is reflective of – and accountable to – both the residents of CVCLT’s housing and the residents of its service area.