This online database presents data on the property tax in all 50 states and the District of Columbia. Because accurate data provide the critical foundation for sound governmental decision-making, the Lincoln Institute of Land Policy and the George Washington Institute of Public Policy joined in a partnership to provide information and support public policy concerning the property tax, probably the most controversial tax in the United States. The term “Significant Features” pays tribute to the work of the Advisory Commission on Intergovernmental Relations, which from 1959 to 1996 provided a wealth of research on the functioning of the federal system, particularly through its flagship publication, Significant Features of Fiscal Federalism. For more information, please access this user guide to the site.
Investigación sobre Políticas de Suelo y Desarrollo Urbano en América Latina y el Caribe
Esta convocatoria abrirá el 15 de noviembre de 2023 y permanecerá abierta hasta el 15 de enero de 2024.
El Instituto Lincoln de Políticas de Suelo invita a presentar propuestas de investigación sobre políticas de suelo y de desarrollo urbano en América Latina y el Caribe. Buscamos generar nuevos conocimientos sobre cómo las políticas de suelo pueden contribuir a la superación de desafíos sistémicos para el desarrollo sostenible en la región, tales como la asequibilidad de la vivienda, la equidad socioespacial y el mejoramiento integral de barrios informales, la autonomía fiscal de los municipios y la adaptación al cambio climático. Partiendo de la necesidad de pensar de manera holística para producir cambios estructurales que permitan enfrentar estos desafíos de manera más contundente, buscamos proyectos de investigación con potencial de incidir en debates de política pública vigentes en la región en temáticas de interés para el Instituto, incluyendo implementación de instrumentos de financiamiento en base al valor del suelo, estrategias para el mejoramiento y regularización de asentamientos informales, políticas para reducir el déficit de vivienda, y condiciones propicias para la incorporación de soluciones basadas en la naturaleza para la acción climática.
Las guías de la propuesta y formularios de postulación también están disponibles en portugués e inglés.
Detalles
Submission Deadline
January 15, 2024 at 11:59 PM
Palabras clave
adaptación, agua, desarrollo urbano, finanzas públicas, inequidad, infraestructura, mejoramiento urbano y regularización, mercados informales de suelo, mitigación climática, planificación, planificación de uso de suelo, políticas públicas, recuperación de plusvalías, regulación del mercado de suelo, salud fiscal municipal, tributación inmobilaria, uso de suelo, valor del suelo, vivienda
Solicitud de propuestas
Research on Municipal Fiscal Health and Land Policies
The submission deadline has been extended from January 29 to February 5, 2024.
The Lincoln Institute of Land Policy invites proposals for original research that can be applied to address the challenge of promoting the fiscal health of municipal governments in a range of contexts and institutional settings across the world. We are particularly interested in research that explores the ways sound urban planning, land-based taxation, and economic development combine with disciplined financial management to promote prosperous, sustainable, equitable, and fiscally healthy communities.
Research proposed should examine some of the most pressing questions that local officials around the world are confronting in the fiscal policy arena, with an emphasis on the implications for local land policy and planning decisions.
Detalles
Submission Deadline
February 5, 2024 at 11:59 PM
Palabras clave
desarrollo, desarrollo económico, vivienda, infraestructura, planificación de uso de suelo, valor del suelo, tributación del valor del suelo, impuesto a base de suelo, gobierno local, salud fiscal municipal, tributación inmobilaria, finanzas públicas, políticas públicas, desarrollo urbano, recuperación de plusvalías, impuesto a base de valores, zonificación
Solicitud de propuestas
Research on Methods to Estimate Land Value Increments from Public Actions
The submission deadline has been extended from January 22, 2024 to January 29, 2024.
The Lincoln Institute seeks research proposals on approaches the public sector uses to quantify the value it adds to private land through its actions—a critical step toward recovering at least part of that added value to reinvest in projects or services that benefit communities. Estimating the land value increments government actions trigger is still an area of land-based financing that merits greater understanding. For instance, adequately implementing public financing tools like special assessments or betterment contributions requires technical studies to assess the value increases that investments in infrastructure produce in adjacent or nearby private land; measuring those value increases allows contributions to be properly allocated among property owners who benefit from such public investments. Similarly, when an urban district is rezoned to allow for more productive land uses or denser development, localities may estimate charges or fees for the right to build according to the newly established land use or density allowance.
We are interested in methods, techniques, and practical approaches across geographies, and in a diversity of institutional settings, to value land appreciation due to public actions—including investments in roads, railways, bridges, water supply, sewers, electrical grids, transit systems, blue-green infrastructure, telecommunications, and so forth, as well as to value added by changes in land use regulations or upzoning.
Detalles
Submission Deadline
January 29, 2024 at 11:59 PM
Palabras clave
avalúo, desarrollo, infraestructura, planificación de uso de suelo, valor del suelo, finanzas públicas, desarrollo urbano, valuación, recuperación de plusvalías, zonificación
Still the ONE: Lessons from a Small City’s Big Commitment to Affordability
By Julie Campoli, Octubre 18, 2023
SHARE
This fall, the Lincoln Institute of Land Policy is releasing a video and case study about a decades-long effort to create and preserve affordable housing in the Old North End of Burlington, Vermont—a neighborhood some residents affectionately refer to as “the ONE.”
Since the early 1800s, a tight grid of streets in the north end of Burlington, Vermont, has been home to laborers, service workers, and anyone else needing an affordable place to live. The Old North End has been a place of arrival, and also permanence. Its modest apartments and small houses offer both a foothold to newcomers and the chance to stay for generations. Forty years ago, it all could have changed.
The global economic forces of the 1980s had brought the neighborhood low. Poverty and crime were rising, along with unemployment. A few years earlier, in an ill-advised urban renewal scheme, city leaders had condemned and demolished several blocks in an adjacent neighborhood, displacing its tight-knit Italian-American community. Residents and housing advocates feared the Old North End would be the next victim of large-scale redevelopment. “Speculators were buying or optioning properties,” said Brenda Torpy, former director of housing policy for the city. They weren’t interested in building value by improving properties or nurturing businesses: “Their goal was assembling a block where they could tear everything down and make a big move.”
As the local market intensified, Old North End residents were feeling the pressure. Rents were rising as properties changed hands. No tenant protection laws were in place, and previous city administrations had shown little interest in code enforcement. The situation was creating a sense of unease among residents—and it also created a sense of urgency for an administration led by a newly elected mayor, a young progressive named Bernie Sanders.
The Sanders administration wanted to prevent displacement of working-class residents. That spawned an idea that became an experiment—and eventually, through sustained effort, a reliable method for preserving and producing a critical mass of permanently affordable housing.
While housing was the centerpiece of this effort, the goal was to make life better in many other ways, offering the opportunity to thrive. The dynamic mayor and his young, talented, and tireless staff nurtured public support for universal housing security and implemented a range of programs and policies to achieve it. As the years passed, the city made streetscape improvements and invested in schools, parks, and recreation programs. Burlington’s culture of civic engagement proved fertile ground for nonprofits, which emerged to provide both services—job training, health care, legal aid, recreation, child care, food relief—and emotional support to people facing many challenges beyond paying the rent.
A section of the Old North End, Burlington’s oldest and most densely populated neighborhood. Credit: Lincoln Institute of Land Policy.
Many cities have addressed the problems of displacement and housing insecurity. But few have attempted such an ambitious and multifaceted strategy over such a long period of time. Leaders in Burlington took a creative approach to seemingly intractable problems. They worked at the grassroots level, relying on neighborhood organizations to communicate needs and build public support. They remained flexible, adjusting their methods to accommodate changing conditions. And they laid the foundation for a housing delivery system that would keep going for years, through changing political leadership and economic conditions.
Today, residents of the Old North End live in a city with good schools, a county unemployment rate of 1.3 percent, a wealth of green space, and a reliable social safety net. Amenities that could typically only be found in wealthier neighborhoods are now embedded within its borders. The place continues to change: many old-timers have left, and well-off newcomers have moved in. But thanks to a generous supply of subsidized housing, it continues to be a safe haven for working people and a gateway for refugees and those in need of greater opportunity.
Identifying the Need
Children who grow up in resource-rich environments have better outcomes in life, research increasingly indicates (Opportunity Insights). Along with supportive families, children need the social and physical infrastructure found in prosperous and cohesive communities. Defined by researchers and policymakers as “high-opportunity areas,” these places offer excellent schools, community gathering spaces, job options, and vital services like public transportation, medical care, daycare, and healthy food. Their strong social networks nurture resilience and provide a cushion for life’s challenges.
Unfortunately, the people who need these places the most can’t afford to move into them. And they often can’t afford to stay in neighborhoods that are transforming into high-opportunity areas. In booming metros, a rising tide of wealth emanating from city centers brings safer, more attractive streets and many services to long-neglected urban neighborhoods. But the tide of investment rarely brings permanently affordable housing. Rising rents push low-income residents out to the places they can afford, which offer fewer of the qualities that boost upward mobility. Income-restricted, permanently affordable housing would prevent that displacement and, in other contexts, provide access to already prosperous neighborhoods. But only 7 percent of the 74,000 subsidized housing units in the United States are located in high-opportunity areas (Freddie Mac 2022). The rest are in under-resourced places.
When the demand for housing rises and spills into neighborhoods that have suffered from disinvestment, the early signs are not obvious. Investors buy the relatively inexpensive properties but don’t immediately make improvements, putting upward pressure on the housing market without a visible sign of change. By the time the signifiers of gentrification—renovated buildings and upscale businesses—appear, market prices have risen to a level that makes preserving and producing affordable housing more challenging.
Luckily, leaders in Burlington recognized displacement risk before it was too late to prevent it at a meaningful scale. But they soon faced another question: how could they pay for the anti-displacement efforts they had in mind?
The 1980s had already brought a significant reduction in government spending as the Reagan administration slashed budgets, proclaiming that the market rather than the government would solve persistent social problems. Mayor Sanders believed otherwise, but the fiscal reality—radically reduced federal assistance programs—required an alternative approach to funding.
Finding Funding
In 1984, Sanders directed $200,000 in surplus funds to operate the newly formed Burlington Community Land Trust (BCLT), an initiative intended to expand homeownership. Two million-dollar loans from the city’s employee retirement fund and a loan from a local bank got the organization’s work underway. In the coming years, the city obtained funds from federal programs such as the Community Development Block Grant and HOME programs.
Many working-class residents of the Old North End secured their tenure by buying a BCLT shared-equity home. Through the community land trust (CLT) model—which was pioneered in Georgia in the 1960s and has since been adopted nationwide—individuals buy homes on land that is owned by the CLT. The homeowners agree to sell the property at a restricted price to keep it permanently affordable, but can build equity during the time they own it.
Burlington Mayor Bernie Sanders, right, with Alderman Terry Bouricius at a polling place in 1983. Sanders served as mayor from 1981 to 1989, working with Bouricius and others to implement policies intended to ensure long-term affordability. Credit: AP Photo/Donna Light.
Others who weren’t ready or able to own a home found affordable apartments in buildings owned by the Lake Champlain Housing Development Corporation (LCHDC). Like the BCLT, the LCHDC was created by the Sanders administration and launched as a nonprofit, but its mission was to provide rental housing. These institutions, along with many other nonprofits, programs, and policies that emerged in the 1980s and 1990s, were part of a multitude of efforts by officials, activists, and others to help build community and individual wealth in the Old North End.
The city’s newly created Community and Economic Development Office (CEDO) orchestrated these efforts. With housing prices rising at twice the rate of incomes, CEDO’s focus was on housing—more specifically, protecting the vulnerable, preserving existing affordable housing, and creating homes that low- and moderate-income people could afford. CEDO crafted a flood of renter protection ordinances that were promoted by the housing advocates at BCLT and LCHDC, and approved by an increasingly progressive city council (Davis 1990).
In 1984, the council passed a Fair Housing Ordinance to prevent renter discrimination. This was followed by a law curbing exorbitant security deposit fees. The minimum housing code, which was outdated and sparsely enforced, was overhauled in 1986. That same year, Burlington voters approved an anti-speculation tax (although it was later rejected by the legislature). This was followed in 1987 by a condominium conversion ordinance, which imposed an impact fee on developers who displaced tenants while converting rental housing to condos or cooperatives.
CEDO staffers became creative and persistent grant applicants, obtaining funds from Housing Development Action Grants, Section 8, and rental assistance programs, and cobbling together a budget to keep BCLT efforts moving until a steady stream of money emerged in the next decade. In 1989, Burlington voters agreed to a penny increase on their property tax rate, to be dedicated to affordable housing. The money would be deposited into a Housing Trust Fund and used by the city to add to the supply of permanently affordable homes.
Leaders in Burlington used a flexible funding model to support their efforts to preserve affordable housing. Credit: Lincoln Institute of Land Policy.
Inspired by what was happening in Burlington, and concerned about land and housing speculation statewide, then-Governor Madeleine Kunin urged the legislature to create a state housing trust fund. In 1988, it established the Vermont Housing and Conservation Board (VHCB). Funded with a percentage of the state property transfer tax, VHCB began to disperse millions of dollars to nonprofits throughout Vermont with the combined goal of preserving both open space and affordable housing. VHCB shared the commitment to permanent affordability. In fact, the emphasis on permanence had seeped sinto a growing number of state laws and plans, helped along by Kunin’s administration.
While BCLT needed money for its operations, it also needed to convince financial institutions to lend money to its homebuyers. At the time, the community land trust model of dual ownership was a new and untested mortgage product. It was not clear that a market for shared-equity homes existed, which made appraisers confused and lenders uneasy. BCLT pushed the Vermont Housing Finance Agency (VHFA), which was tasked with enabling homeownership for moderate- and low-income residents, to help break the logjam. An early agreement crafted by VHFA allowed banks to take both land and house in the event of a default.
BCLT accepted these terms to get things started, and over time, as it became apparent that shared-equity homes were a safe bet—there was not a single foreclosure in the first four years—VHFA and local banks became enthusiastic lenders, creating much more favorable products. By 2015, VHFA had written more than $80 million in mortgages for land trust owners, with banks throughout the state following their lead (Torpy 2015).
Responding to the Community
A major strength of the Burlington Community Land Trust was its ability to recognize the barriers to secure housing and improvise ways to overcome them. According to Brenda Torpy, longtime director of the organization, the question was not, “What’s the business plan?” but, “What is the need?” BCLT strove to meet the community where it was and find a way to fulfill its needs (Torpy 2015).
When it became clear that not everyone wanted or could afford a single-family house, even at a subsidized price, BCLT dove into the challenge of offering ownership to apartment-dwellers. Just as they had pioneered a model for dual ownership of single-family homes, BCLT staff sought a way to make ownership possible within the structure of a multifamily building. The likely strategy was to create a cooperative, in which residents share ownership of their apartment building, on land owned by BCLT. As with the single-family home model, their monthly payments would build equity.
At the time, condominiums were a new concept, and there was no enabling legislation in Vermont for limited equity cooperatives. BCLT eventually persuaded state lawmakers to make cooperatives legal. It created a handful of cooperatives in the neighborhood, but it became apparent that the model was not popular. People found the prospect of coordinating with fellow residents on the management and maintenance of a building too daunting. They preferred a responsible landlord. Although the organization hadn’t set out to act as a landlord, by the 1990s BCLT owned a growing number of rental properties, complementing the efforts of the Lake Champlain Housing Development Corporation and providing the apartments Old North End residents needed.
At the same time, it moved in another necessary direction. During the savings and loan crisis of the 1990s, banks and landlords of industrial buildings walked away from their mortgages, leaving a swath of the Old North End vacant. State environmental laws assigning liability for cleanup of brownfield sites to lenders prevented any private investment in the properties, which were decrepit and attracting criminal behavior (Torpy 2015). This was not a housing issue, but it had a direct impact on quality of life in the Old North End. BCLT rallied local leaders and land trust supporters to lobby the legislature to remove brownfield liability laws. Then it spent the next several years redeveloping the polluted sites, returning the abandoned and blighted properties to community use, and renting spaces to nonprofits who operated a food shelf, a child-care center, and a senior center. The brownfield redevelopment also yielded a 40-unit housing cooperative and a small park.
The Bright Street Co-op, a 40-unit affordable housing complex built on a former brownfield. Credit: Courtesy of Champlain Housing Trust.
The land trust went on to develop more nonresidential uses when it recognized a clear benefit to the neighborhood. Its latest project, completed in partnership with many other local organizations, was the creation of the Old North End Community Center.
Focusing on Permanence
The Burlington Community Land Trust and Lake Champlain Housing Development Corporation merged in 2006 to form the Champlain Housing Trust (CHT). These entities were able to preserve and protect a critical mass of units in the Old North End because every property they purchased and improved would remain affordable forever. Resale restrictions protecting low-income buyers and tenants would not disappear in 15, 30, or even 50 years.
In the world of affordable housing, permanence is the exception rather than the rule. Depending on the program, federal regulations allow income-based restrictions to expire after 20 or 30 years. Many state and local jurisdictions do not require them beyond 15 years. As Low-Income Housing Tax Credit (LIHTC) projects built in the 1990s reach the end of their affordability period, rents jump to market rates, and low-income tenants face eviction, housing providers are forced to seek public money to buy or replace those properties. When affordability vanishes within a few decades, it’s extremely difficult to maintain the status quo, let alone build new homes for the growing number of people burdened by housing costs.
Wanting to achieve maximum return on the taxpayers’ investment in affordable housing, the Burlington City Council had stipulated in 1989 that any projects financed from the newly formed Housing Trust Fund would be affordable in perpetuity. Fiscally conservative Republicans saw the value in paying once, not repeatedly, for each affordable housing unit. In the future, BCLT would not need to dip into Housing Trust funds to purchase previously subsidized properties in order to maintain their affordability. The policy is in place at the state level as well. Every project built in Vermont using public money will stay out of the private market forever (Libby 2006).
Over the course of a decade, the concepts of housing preservation, shared equity, and permanent affordability gained public support and became normalized for local officials and state policymakers. In 1990, the city passed an inclusionary zoning ordinance requiring developers who build projects with five or more units to dedicate 15 to 20 percent of the total to rent or sell at below-market rates. The developer can subsidize those units in various ways, charging higher prices for the market-rate units, tapping state or federal funds, or partnering with a housing nonprofit. In return, the developer can make the project denser and expect some fee waivers. Between 1990 and 2019, 141 of the 551 housing units built in the Old North End were made affordable under the inclusionary zoning ordinance.
This new infill development has dedicated below-market units, as required by the city’s inclusionary zoning ordinance. Credit: Julie Campoli.
A Culture of Support
Alongside this came a belief that investments in people—in their housing, health, and wellbeing—were essential. The interest in shared prosperity created fertile ground for many other nonprofits working to shelter and support low-income residents. Before the BCLT existed, Cathedral Square was building and managing affordable rental housing for seniors, and offering services like Meals on Wheels. Today, 74 of its units are located in the Old North End, where it provides senior independent living apartments, homes for adults living with mental health challenges, apartments for individuals transitioning out of homelessness, and housing for families whose parents are completing their education. The 158-year-old Howard Center, a provider of mental health, developmental disability, and substance abuse services throughout the county, partners with Cathedral Square to offer supportive group housing.
The Committee on Temporary Shelter (COTS) was launched during the Sanders administration to serve people without homes. Today it provides 29 transitional single-resident rooms and one-bedroom apartments, a shelter for five families at three different locations, and a day station that offers hot lunches, showers, laundry facilities, workshops, job and housing counseling, and access to computers. In 1988, the nonprofit Housing Vermont began creating rental housing through partnerships with communities and the private sector. Like BCLT, it expanded its mission in response to need, redeveloping vacant and underused historic mixed-use buildings in Vermont’s downtowns, as well as providing equity investing, community development lending, and energy services. While its service area now extends to all of northern New England (as Evernorth), it still contributes to the pool of permanently affordable homes in the Old North End.
Many other organizations focus on supporting the health and safety of Old North End residents, including Feeding Chittenden, which operates a food shelf, a hot meal program, and a culinary job training program; Community Health Centers, which provides free or sliding-scale medical and dental care; and Vermont Legal Aid, which provides free assistance to those facing eviction, discrimination, bankruptcy, and other legal problems.
Low-income residents can access low-cost transportation through Everybody Bikes and Good News Garage, which refurbish and resell donated bicycles and cars. Pathways Vermont provides peer support for mental health challenges. Outright Vermont, a statewide organization supporting LGBTQ+ youth, is based in the neighborhood. Steps to End Domestic Violence provides shelter, a crisis line, legal advocacy, and education. The Sara Holbrook Community Center has provided a safe and educational space in the Old North End since 1937 with after-school care, summer camps, a teen drop-in center, a food pantry, and other programs.
Together these policies and organizations help ensure that Old North End residents can access not only housing but also food, health care, legal and financial assistance, emotional support, enrichment, and the sense of community that will help them overcome daily challenges and improve their prospects.
Putting People Before Profits
In the 1980s and 1990s, before the Old North End became attractive to outsiders, most of the housing was “naturally occurring affordable housing.” Typically this means older Class B and Class C multifamily rental properties with market-rate rents suitable for low- and moderate-income people. In the Old North End, this meant worker housing built in the previous century that was neither fancy nor up to date.
The majority of landlords were local residents who owned only a few properties (Quigley 2019). One exception was Stu McGowan, who became deeply attached to the Old North End after moving there in 1984 and wanted to help prevent displacement. As of 2019, McGowan owned 78 housing units in 31 properties in the Old North End, at a value of $10.4 million. He could make a tidy profit by selling to the outside investors who contact him at least once a week. They have run the numbers on Burlington’s housing shortage and the Old North End’s popularity, and discovered what McGowan already knows: he could also make a lot more money by raising rents.
But he hasn’t and he won’t. He has a strict policy against it, despite leaving about $100,000 on the table every year. His business model is highly unusual in a hot real estate market. He invests enough in his apartments to make them safe and clean—insulation, a new heating system, a fresh coat of paint—but not enough to force a substantial rent increase. Except for his large portfolio, McGowan’s ethic isn’t different from many other local landlords who invested in a few properties around their home and “took good care of them, but didn’t go overboard with any of it,” he said. “There’s a lot of conscientious landlords out there. And there’s two reasons: one, they want to do the right thing, and the other thing is, they don’t want to lose good tenants, because small landlords can’t deal with tenant turnover.”
Timing is everything. If McGowan had arrived in the Old North End 20 years later, he likely would not have become a local landlord to 78 households. His portfolio would almost certainly be in the hands of outside investors. He might not even have been able to afford to live there himself: “We bought a duplex back in ’89,” he explains. “We paid $130,000 for it. And it’s worth $750,000 now. I’m not poor, but I’m not rich yet. I could not afford the mortgage on this house right now if I had to buy it.”
Naturally occurring affordable housing depends on a cool market. And even when it’s owned by community-minded landlords like McGowan, it’s not permanent. It lasts only as long as the individual is committed to putting people before profits.
Was It Enough?
The Old North End appears to be growing and changing. Census data show that the population is more racially diverse, median incomes have grown, numbers of households below the poverty line shrank, and crime levels dipped. What’s harder to gauge is whether the lower poverty levels are a result of wealthier residents moving in or current residents enjoying more economic security.
Retired city planner David White, who served in that office for over two decades, has watched the demographic trends unfold. “Many young, idealistic folks with means are moving in,” he notes. “They can afford to acquire property.”
In fact, Census data also indicate an increasing educational level among Old North End residents. In 2010, 30 percent had a college degree; by 2016, that figure was 39 percent. According to White, college graduates are drawn to the neighborhood by the eclectic businesses and culture built by immigrants from Vietnam, Africa, Nepal, and other places, with both groups taking advantage of the opportunity they are finding in the neighborhood.
Has the decades-long effort to prevent displacement succeeded? Plenty of anecdotal evidence suggests that people are finding it more expensive to live there, but there’s no data indicating how many residents moved out because they were evicted or their rent was too high. Households relocate for many reasons other than financial, such as a change in family circumstance or a job opportunity. Because there is no authority systematically recording those reasons, it’s impossible to confirm whether the changing population is a result of displacement or choice.
What’s clear is that over 480 households in or next to the Old North End now have a vastly reduced risk of being forced out. If they rent an apartment owned by the Champlain Housing Trust, Cathedral Square, the Burlington Housing Authority, or Evernorth, their monthly rents are tied to their income. If they live in a shared-equity home, their odds of staying put or moving to a more expensive market-rate home are good.
The shared-equity model has made it possible for residents like this Champlain Housing Trust homeowner to remain in the Old North End. Credit: Lincoln Institute of Land Policy.
Champlain Housing Trust has evaluated how well it is meeting its goal of generating community and individual wealth. A 2003 study concluded that while the sellers of land trust homes earned less profit than they might with an unrestricted, market-rate home, it’s considerably better than the most likely alternative of renting, which yields no returns. Between 1988 and 2003, home sellers enjoyed an annualized rate of return of about 17 percent, recouping their original down payment and then realizing a net gain in equity.
A more recent study, looking at sales of 150 homes between 2016 and 2020, found the average equity gain to be $38,300. CHT has also found that shared-equity homeownership provides a bridge between renting and owning a market-rate home. Sixty-eight percent of those selling a shared-equity home buy their next home on the open market. The equity they’ve earned allows them to enter a market that was not available to them earlier, and offers the buyer of their land trust home the same.
Brian Pine has observed change in the Old North End from several perspectives. He joined the Community Economic Development Office fresh out of college in the 1980s, worked on housing issues there for decades, led a statewide affordable housing advocacy organization, represented the neighborhood as a city councilor, and is now the director of CEDO. He has watched his neighbors who bought land trust homes in the 1980s thrive, and he believes the high percentage of permanently affordable housing helped working-class residents remain if they chose to.
But for low- and moderate-income residents who do not already live in a permanently affordable home, the risk of displacement is higher. By 2000, the Burlington Community Land Trust had slowed its acquisition of properties in the Old North End as it expanded its reach into other neighborhoods. Its merger with the Lake Champlain Housing Development Corporation in 2005 brought an even greater geographic and programmatic scope. It now houses over 2,500 families in rental apartments and group homes throughout the three counties of northwestern Vermont. In the past few years, it has initiated projects to build an additional 560 units. Fifty-two families bought a land trust home in 2022 and others received no- or low-interest loans from CHT to make improvements to manufactured and farm labor housing.
Although the land trust continues to steward its properties in the Old North End, it is not producing new affordable housing there. The business model that worked for nonprofits in past decades doesn’t make sense with higher real estate prices and a shortage of buildable parcels. Despite the relatively high percentage of affordable units, there is not nearly enough. It’s still possible to move into a CHT apartment, but the waitlists are long and it takes approximately 15 months to get one.
So the answer to “has it been enough?” depends on who you talk to. The neighborhood is facing a housing shortage within a hot real estate market, gentrification is occurring, and basic housing and economic needs are still great (Jickling 2018). But the efforts that unfolded over decades made a huge difference for many individual people, transformed a neighborhood culture, and influenced the way local residents, city leaders, and state policymakers view their responsibilities related to displacement and affordability.
Julie Campoli is an urban designer, editor, and author who writes about urban form and the changing landscape. She is the author of Made for Walking: Density and Neighborhood Form (Lincoln Institute of Land Policy 2012) and coauthor of Visualizing Density (Lincoln Institute of Land Policy 2007).
Lead image: Old North End, Burlington, Vermont. Source: Lincoln Institute of Land Policy.
Torpy, Brenda. 2015. “Champlain Housing Trust.” Case study. Center for Community Land Trust Innovation.
Curso
Máster en Políticas de Suelo y Desarrollo Urbano Sostenible
Enero 15, 2024 - Marzo 19, 2025
Ofrecido en español
SHARE
El máster en Políticas de Suelo y Desarrollo Urbano Sostenible es un programa académico online en español que reúne de manera única los marcos legales y herramientas que sostienen la planificación urbana, junto con instrumentos fiscales, ambientales y de participación, desde una perspectiva internacional y comparada. El programa está dirigido especialmente a estudiantes de posgrado y otros graduados con interés en políticas urbanas desde una perspectiva jurídica, ambiental y de procesos de participación, así como a funcionarios públicos. Los participantes del máster recibirán el entrenamiento teórico y técnico para liderar la implementación de medidas que permitan la transformación sostenible de las ciudades.
El programa fue pensado de manera modular: los participantes pueden elegir realizar uno, dos o tres módulos, cada uno de los cuales otorga el diploma de experto universitario. Si llevan a cabo los tres módulos y finalizan con éxito el programa de fin de máster, obtienen el título de máster de formación permanente, otorgado por UNED.
Detalles
Fecha(s)
Enero 15, 2024 - Marzo 19, 2025
Registration Period
Septiembre 11, 2023 - Noviembre 30, 2023
Idioma
español
Tipo de certificado o crédito
Lincoln Institute certificate
Palabras clave
mitigación climática, desarrollo, resolución de conflictos, gestión ambiental, zonificación excluyente, Favela, Henry George, mercados informales de suelo, infraestructura, regulación del mercado de suelo, especulación del suelo, uso de suelo, planificación de uso de suelo, valor del suelo, tributación del valor del suelo, impuesto a base de suelo, gobierno local, mediación, salud fiscal municipal, planificación, tributación inmobilaria, finanzas públicas, políticas públicas, regímenes regulatorios, resiliencia, reutilización de suelo urbano, desarrollo urbano, urbanismo, recuperación de plusvalías
Oportunidades de becas
China Program International Fellowship 2024-25
Submission Deadline:
November 30, 2023 at 11:59 PM
The Lincoln Institute’s China program invites applications for the annual International Fellowship Program. The program seeks applications from academic researchers working on the following topics in China:
Impacts of the COVID-19 pandemic on the future of cities;
Climate change and cities;
Urban development trends and patterns;
Urban regeneration;
Municipal finance and land value capture;
Land policies;
Housing policies;
Urban environment and health; and
Land and water conservation.
The fellowship aims to promote international scholarly dialogue on China’s urban development and land policy, and to further the Lincoln Institute’s objective to advance land policy solutions to economic, social, and environmental challenges. The fellowship is provided to scholars who are based outside mainland China. Visit the website of the Peking University–Lincoln Institute Center for Urban Development and Land Policy (Beijing) to learn about a separate fellowship for scholars based in mainland China.
Application period: September 29 to November 30, 2023, 11:59 p.m. EST.
Detalles
Submission Deadline
November 30, 2023 at 11:59 PM
Descargas
Oportunidades de becas de posgrado
2023–2024 Programa de becas para el máster UNED-Instituto Lincoln
El máster está dirigido especialmente a estudiantes de posgrado y otros graduados con interés en políticas urbanas desde una perspectiva jurídica, ambiental y de procesos de participación, así como a funcionarios públicos. Los participantes del programa recibirán el entrenamiento teórico y técnico para liderar la implementación de medidas que permitan la transformación sostenible de las ciudades.
Plazo de matrícula ordinario: 11 de septiembre al 30 de noviembre de 2023
El inicio del máster es el 15 de enero de 2024.
El Instituto Lincoln otorgará becas que cubrirán parcialmente el costo del máster de los postulantes seleccionados.
Términos de las becas
Los becarios deben haber obtenido un título de licenciatura de una institución académica o de estudios superiores.
Los fondos de las becas no tienen valor en efectivo y solo cubrirán el 40% del costo total del programa.
Los becarios deben pagar la primera cuota de la matrícula, que representa el 60% del costo total del máster.
Los becarios deben mantener una buena posición académica o perderán el beneficio.
El otorgamiento de la beca dependerá de la admisión formal del postulante al máster UNED-Instituto Lincoln.
Si son seleccionados, los becarios recibirán asistencia virtual para realizar el proceso de admisión de la Universidad Nacional de Educación a Distancia (UNED), el cual requiere una solicitud online y una copia del expediente académico o registro de calificaciones de licenciatura y/o posgrado.
Aquellos postulantes que no obtengan la beca parcial del Instituto Lincoln podrán optar a las ayudas que ofrece la UNED, una vez que se hayan matriculado en el máster.
Fecha límite para postular: 20 de agosto de 2023, 23:59 horas de Boston, MA, EE.UU. (UTC-5)
Anuncio de resultados: 8 de septiembre de 2023
Detalles
Submission Deadline
August 20, 2023 at 11:59 PM
Palabras clave
mitigación climática, desarrollo, resolución de conflictos, gestión ambiental, zonificación excluyente, Favela, Henry George, mercados informales de suelo, infraestructura, regulación del mercado de suelo, especulación del suelo, uso de suelo, planificación de uso de suelo, valor del suelo, tributación del valor del suelo, impuesto a base de suelo, gobierno local, mediación, salud fiscal municipal, planificación, tributación inmobilaria, finanzas públicas, políticas públicas, regímenes regulatorios, resiliencia, reutilización de suelo urbano, desarrollo urbano, urbanismo, recuperación de plusvalías
Oportunidades de becas
Premio Lincoln al periodismo sobre políticas urbanas, desarrollo sostenible y cambio climático
Submission Deadline:
September 17, 2023 at 11:59 PM
El Lincoln Institute of Land Policy convoca a periodistas de toda América Latina a participar del concurso “Premio Lincoln al periodismo sobre políticas urbanas, desarrollo sostenible y cambio climático”, dirigido a estimular trabajos periodísticos de investigación y divulgación que cubran temas relacionados con políticas de suelo y desarrollo urbano sostenible. El premio está dedicado a la memoria de Tim Lopes, periodista brasileño asesinado mientras hacía investigación para un reportaje sobre las favelas de Rio de Janeiro.
Convocamos a periodistas de toda América Latina a participar de este concurso, dirigido a estimular trabajos periodísticos de investigación y divulgación que cubran temas relacionados con políticas de suelo y desarrollo urbano sostenible. Recibimos postulaciones para el premio hasta el 17 de septiembre de 2023. Para ver detalles sobre la convocatoria vea el botón "Guía/Guide" o el archivo a continuación titulado "Guía/Guide".
Detalles
Submission Deadline
September 17, 2023 at 11:59 PM
Descargas
Palabras clave
adaptación, BRT, sistema de buses rápidos, mitigación climática, desarrollo comunitario, fideicomiso de suelo comunitario, conservación, desarrollo, resolución de conflictos, expropiación, medio ambiente, Favela, gestión de crecimiento, vivienda, inequidad, mercados informales de suelo, infraestructura, reforma agraria, especulación del suelo, uso de suelo, planificación de uso de suelo, valor del suelo, tributación del valor del suelo, gobierno local, salud fiscal municipal, recursos naturales, planificación, pobreza, finanzas públicas, políticas públicas, resiliencia, seguridad de tenencia del suelo, segregación, barrio bajo, partes interesadas, desarrollo sostenible, desarrollo orientado a transporte, transporte, desarrollo urbano, regeneración urbana, expansión urbana descontrolada, mejoramiento urbano y regularización, urbanismo, recuperación de plusvalías, agua, planificación hídrica, zonificación