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Social Housing Movement Looks to Gain Ground - Vimarsana News

Social Housing Movement Looks to Gain Ground

Social housing models such as community land trusts have gained momentum, but scaling up remains a struggle.

Social Housing Movement Looks to Gain Ground - Vimarsana News

Social Housing Movement Looks to Gain Ground

When Shaya Schreiber started searching for a home in Madison, Wisconsin, her options were limited. Student loans made the single mother of two ineligible for certain affordable housing and a market-rate home was beyond her reach. Then she found the Madison Area Community Land Trust. The trust helped her purchase a three-bedroom house on the west side of the city. The organization paid $160,000 for the home and more for necessary improvements. Then Schreiber bought it from the trust for $135,000. “I wouldn’t have been able to afford a house otherwise,” she said. Community land trusts ...

WisdomTree Is Refreshing the IOPV Proposition - Vimarsana News

WisdomTree Is Refreshing the IOPV Proposition

May 6, 2021 Perhaps it’s fitting, but the world of exchange traded funds (ETFs) is littered with acronyms, one of which is indicative optimized portfolio value (IOPV). Also referred to as intra-day value, IOPV is a real-time estimate of an ETF’s fair value based on prices of the fund’s underlying components. Updated continuously throughout the trading day, IOPV isn’t a price advisors and money managers can transact, but it does provide a template for what prices a fund should be bought and sold at. It’s an important concept and one ripe for a refresh, which WisdomTree is doing wit...

West Side land trust and demolition fund would be first of its kind in San Antonio - Vimarsana News

West Side land trust and demolition fund would be first of its kind in San Antonio

West Side land trust and demolition fund would be first of its kind in San Antonio FacebookTwitterEmail A novel approach to preserving affordable housing for low-income families is percolating on the West Side. The Esperanza Peace and Justice Center is set to receive $300,000 from the San Antonio Housing Trust Fund and Foundation to set up an emergency demolition fund and a community land trust, which would be the first of its kind in San Antonio. The fund would be used to save and rehabilitate older houses, which would be required to join the land trust. The trust would rent or resell the ho...

Nonprofit land trusts give low-income homebuyers a chance - Vimarsana News

Nonprofit land trusts give low-income homebuyers a chance

Michael Friedrich: Atlanta’s land trust shows how to create affordable housing Nonprofits that buy land, build homes and sell below market rate are giving low-income homebuyers a chance (Monica Garwood | The New York Times) By Michael Friedrich | Special to The New York Times   | April 19, 2021, 3:43 p.m. | Updated: 4:08 p.m. If anyone knows how gentrification has displaced Black working-class residents in Atlanta, it’s Makeisha Robey, a preschool teacher. During her two decades living in the city, she has watched affordable apartment complexes vanish as new developments arise and weal...

Source: sltrib.com