Why do Financial Institutions want to finance Community Land Trusts? Low Risk: 10-15% of market foreclosure rate. Expanding market of qualified borrowers. Nationwide opportunity. Borrower is provided with support and education in financial literacy, from the CLT. Source: Stable Home Ownership in a Turbulent Economy: Delinquencies and Foreclosures Remain Low in Community Land Trusts, Lincoln Institute … Continue reading Financial Institutions
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