With help from the Clinic, Guadalupe Neighborhood Development Corporation (GNDC) developed the first community land trust program in Texas, in which homes are sold to homeowners, while the land underneath the home is leased to the homeowner via a 99-year ground lease. The ground lease prepared by the Clinic contains specific resale restrictions that ensure the home will remain affordable for future owners. This innovative affordable housing tool enables GNDC to create and maintain affordable homeownership in East Austin, benefiting both current and future low-income homeowners. GNDC’s work was featured in The Atlantic in July 2015.
The Clinic has since developed a Community Land Trust Toolkit to introduce the Community Land Trust homeownership program and share best practices with affordable housing developers and communities.
