In the spring of 2011, the CLT Network collaborated with Emily Thaden of The Housing Fund and Vanderbilt University to conduct The 2011 Comprehensive Community Land Trust Survey. Ninety-six of approximately 215 active U.S. CLTs responded to the survey, the highest response rate of any CLT survey to date. Products from this research are available below.
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The foreclosure study found that conventional homeowners were 10 times more likely to be in foreclosure proceedings than CLT homeowners at the end of 2010.
The CLT Network, in collaboration with the Lincoln Institute of Land Policy, published a working paper by Emily Thaden on July 28, 2011. This paper compares CLT foreclosure and delinquency performance with data from the Mortgage Bankers Association's National Delinquency Survey. Overall, the data shows that first mortgage loans held by CLT homeowners continue to substantially outperform conventional home loans on delinquency and foreclosure rates.
"Stable Home Ownership in a Turbulent Economy -- Delinquencies and Foreclosures Remain Low in Community Land Trusts", published by Lincoln Institute of Land Policy (7/28/2011)
Lincoln Institute Press Release (7/28/2011)
Slides Summarizing Foreclosure and Delinquency Rates (PDF , PPT)
The CLT survey report helps practitioners understand their programs relative to those across the country, providing ideas for program design and partnerships.
The CLT Network, with the support of the Lincoln Institute of Land Policy, published a report by Emily Thaden on January 11th, 2012. This report presents data from the survey on CLT’s organizational characteristics, portfolios, programmatic components, funding sources, the first mortgage lending landscape.
The 2011 Comprehensive CLT Survey Report (1/11/2011)
