Community land trust

British Columbia's Rental Protection Fund Announces Inaugural Acquisition

Retrieved on: 
Thursday, February 8, 2024

COQUITLAM, British Columbia, Feb. 08, 2024 (GLOBE NEWSWIRE) -- Today, the Rental Protection Fund (the Fund) and the Province of British Columbia announce the Fund’s inaugural housing acquisition.

Key Points: 
  • COQUITLAM, British Columbia, Feb. 08, 2024 (GLOBE NEWSWIRE) -- Today, the Rental Protection Fund (the Fund) and the Province of British Columbia announce the Fund’s inaugural housing acquisition.
  • This announcement marks the transition of 290 co-operative housing units into non-profit mission-driven ownership with the Community Land Trust of B.C.
  • “The impact of the Rental Protection Fund can already be seen and felt – and these are just the first of thousands of homes will grow our Community Housing sector while freeing up capital that can be redeployed into new supply,” said Katie Maslechko, CEO of the Rental Protection Fund.
  • “That’s why we created the Rental Protection Fund to defend people’s homes against profit seeking speculators like big real estate investment corporations, and preserve safe, secure and affordable homes for generations to come.

Point32Health Foundation awards $750,000 to food justice efforts across New England

Retrieved on: 
Tuesday, October 10, 2023

CANTON, Mass., Oct. 10, 2023 /PRNewswire/ -- Point32Health Foundation today announced grants totaling $750,000 to 19 nonprofit emergency food response organizations and those working to advance food justice efforts across the region.

Key Points: 
  • Southside Community Land Trust , Providence, R.I. ($25,000)
    "Flexible funding is essential to organizations leading food access initiatives, especially as pandemic-era supplements are expiring and rates of food insecurity continue to rise," said Nora Moreno Cargie, president of Point32Health Foundation and vice president for corporate citizenship at Point32Health.
  • "Community leaders are balancing today's urgent needs while building an equitable food system that is resilient and sustainable for all."
  • These investments support general operations including staff salaries, volunteer management, food purchase and distribution costs.
  • In addition to these new investments, other recent Foundation grants went to the Massachusetts Food System Collaborative, City Seed, Cumberland County Food Security Council, New Hampshire Hunger Solutions, and Rhode Island Food Policy Council.

Banc of California and Rise Economy Announce $4.1 Billion Community Benefits Plan

Retrieved on: 
Tuesday, October 3, 2023

(“Banc of California”), a wholly-owned subsidiary of Banc of California, Inc. (NYSE: BANC) and Rise Economy announced today a $4.1 billion, three-year Community Benefits Plan (the “Plan”).

Key Points: 
  • (“Banc of California”), a wholly-owned subsidiary of Banc of California, Inc. (NYSE: BANC) and Rise Economy announced today a $4.1 billion, three-year Community Benefits Plan (the “Plan”).
  • Banc of California and Rise Economy (formerly the California Reinvestment Coalition) leaders worked collaboratively to develop the expansive plan in connection with Banc of California’s transformational merger with Pacific Western Bank, a wholly-owned subsidiary of PacWest Bancorp (Nasdaq: PACW).
  • In formulating the Plan, Banc of California and Rise Economy members worked together to identify the initiatives of greatest impact to low-income and BIPOC communities.
  • With this mutual goal, Banc of California welcomed input from Rise Economy members to better understand areas of need and engaged in positive and productive discussions with Rise Economy representatives.

United Natural Foods Releases Better for All Report for Fiscal Year 2022

Retrieved on: 
Monday, January 9, 2023

United Natural Foods, Inc., (NYSE: UNFI) (the “Company” or “UNFI”) today released its annual Better for All Report, which details UNFI’s progress toward its Environmental, Social, and Governance (ESG) commitments during the Company’s 2022 fiscal year, which ended July 30, 2022.

Key Points: 
  • United Natural Foods, Inc., (NYSE: UNFI) (the “Company” or “UNFI”) today released its annual Better for All Report, which details UNFI’s progress toward its Environmental, Social, and Governance (ESG) commitments during the Company’s 2022 fiscal year, which ended July 30, 2022.
  • This year, the Company launched three new science-based targets, bringing its total goals to 15 across its entire Better for All strategy.
  • During the Company’s 2022 fiscal year, UNFI associates logged a 35 percent increase in volunteer hours.
  • The report also includes the Company’s disclosure aligned to recommendations of the Task Force on Climate-Related Disclosures.

Community Land Trust Pilot Program Showcases Power of Community Ownership in Preventing Displacement

Retrieved on: 
Thursday, November 3, 2022

The innovative partnership explores the Community Land Trust (CLT) model to address long-term housing affordability challenges and systemic racial inequities for immigrant, working class, and communities of color.

Key Points: 
  • The innovative partnership explores the Community Land Trust (CLT) model to address long-term housing affordability challenges and systemic racial inequities for immigrant, working class, and communities of color.
  • A Community Land Trust is a nonprofit organization designed to ensure community stewardship of land.
  • The pilot enabled five established Community Land Trusts that currently constitute the Los Angeles Community Land Trust Coalition to acquire, rehabilitate, and preserve tax-defaulted properties for long-term affordable housing.
  • For more information about the Community Land Trust Pilot Program, the full results of the report, or any of the community organizations taking part in this work, please contact Courtney Kassel, Chief Communications Officer, at [email protected] .

Home Bank and FHLB Dallas Award $5K to Slidell Affordable Housing Nonprofit

Retrieved on: 
Friday, October 14, 2022

Home Bank and the Federal Home Loan Bank of Dallas (FHLB Dallas) recently awarded $5,000 in Partnership Grant Program (PGP) funds to Northshore Housing Initiative (NHI), a Community Land Trust that supports affordable housing initiatives in St. Tammany Parish.

Key Points: 
  • Home Bank and the Federal Home Loan Bank of Dallas (FHLB Dallas) recently awarded $5,000 in Partnership Grant Program (PGP) funds to Northshore Housing Initiative (NHI), a Community Land Trust that supports affordable housing initiatives in St. Tammany Parish.
  • View the full release here: https://www.businesswire.com/news/home/20221014005539/en/
    Representatives from Home Bank and the Federal Home Loan Bank of Dallas awarded $5,000 in grants to Northshore Housing, an affordable housing nonprofit in Slidell, Louisiana.
  • (Photo: Business Wire)
    Awarded annually through FHLB Dallas member institutions, Partnership Grant Program (PGP) funds help promote and strengthen relationships between community-based organizations (CBOs) and FHLB Dallas members.
  • Northshore Housing Initiative supports Home Banks mission of serving our communities needs with affordable workforce housing, said Kelvin Luster, community development director at Home Bank.

Media Advisory: Home Bank and FHLB Dallas to Award $5K to Slidell Affordable Housing Nonprofit

Retrieved on: 
Thursday, October 6, 2022

Home Bank and the Federal Home Loan Bank of Dallas (FHLB Dallas) will award a $5,000 Partnership Grant Program (PGP) grant to Northshore Housing Initiative (NHI), a Community Land Trust that supports affordable housing initiatives in St. Tammany Parish, Louisiana.

Key Points: 
  • Home Bank and the Federal Home Loan Bank of Dallas (FHLB Dallas) will award a $5,000 Partnership Grant Program (PGP) grant to Northshore Housing Initiative (NHI), a Community Land Trust that supports affordable housing initiatives in St. Tammany Parish, Louisiana.
  • The funds will be awarded at a ceremonial check presentation on Friday, October 7.
  • FHLB Dallas matches financial member contributions to nonprofits at a 3:1 ratio, up to a $12,000 match.
  • PGP grants, awarded annually, help qualified nonprofit organizations fund a variety of operational and administrative activities that are critical to serving their communities.

True Colors United Announces Dylan Waguespack as Next Chief Executive Officer

Retrieved on: 
Monday, July 25, 2022

NEW YORK, July 25, 2022 /PRNewswire/ -- Today, True Colors United's Board of Directors announced Dylan Waguespack as the organization's next Chief Executive Officer. Waguespack, who has been serving as Chief Policy Officer at True Colors United, will immediately assume the role.

Key Points: 
  • NEW YORK, July 25, 2022 /PRNewswire/ -- Today, True Colors United 's Board of Directors announced Dylan Waguespack as the organization's next Chief Executive Officer.
  • Waguespack, who has been serving as Chief Policy Officer at True Colors United, will immediately assume the role.
  • "We could not be more excited for him becoming Chief Executive Officer and demonstrating those same qualities as True Colors United navigates the challenging times the world finds itself in.
  • About True Colors United: True Colors United was co-founded in 2008 by Cyndi Lauper.

Florida Keys Community Land Trust Announces Alliance with Rural Neighborhoods

Retrieved on: 
Thursday, October 22, 2020

BIG PINE KEY, Fla., Oct. 22, 2020 /PRNewswire/ --The Florida Keys Community Land Trust (Florida Keys CLT), a non-profit organization committed to providing hurricane-resilient houses for working families based in the Florida Keys, announced today that it is entering into a formal alliance with Rural Neighborhoods, a statewide not-for-profit housing developer.

Key Points: 
  • BIG PINE KEY, Fla., Oct. 22, 2020 /PRNewswire/ --The Florida Keys Community Land Trust (Florida Keys CLT), a non-profit organization committed to providing hurricane-resilient houses for working families based in the Florida Keys, announced today that it is entering into a formal alliance with Rural Neighborhoods, a statewide not-for-profit housing developer.
  • The Florida Keys CLT will gain the award-winning expertise of Rural Neighborhoods, as well as greater capital access and their development team.
  • "The Florida Keys Community Land Trust has worked tirelessly to rebuild housing for the working people of the Keys since Irma destroyed so much in 2017," said Steven Kirk, President of Rural Neighborhoods.
  • For more information, visit www.ruralneighborhoods.org
    The Florida Keys Community Land Trust is a non-profit 501(c)3 established in the aftermath of Hurricane Irma to build storm-resilient homes for working families of the Florida Keys.

Homestead Community Land Trust and Edge Developers LLC Begin Construction on Village Gardens Permanently Affordable Homeownership in Seattle

Retrieved on: 
Friday, August 21, 2020
Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20200821005069/en/
    Village Gardens, a community land trust affordable homeownership development, begins construction in the Central District of Seattle.
  • (Photo: Business Wire)
    Village Gardens is developed by non-profit Homestead Community Land Trust with Edge Developers, LLC on land provided by the City of Seattle for affordable housing.
  • Through one-time investments that subsidize the initial price of the homes and partnerships with buyers, Homestead will keep the community land trust Village Gardens homes affordable to all subsequent income-qualified buyers permanently.
  • The Village Gardens project results from a partnership between Africatown Community Land Trust, Homestead and Edge to assure the development benefits members of the Black community.