Embedding Community Land Trusts in City-Owned Properties for Long-Term Affordability
February 26, 2025
The latest New Localism article presents a critical analysis of the structural challenges within the U.S. housing market, emphasizing that market-driven approaches alone are insufficient in addressing affordability crises nationwide. Winchester, much like other mid-sized cities, faces mounting pressures due to rising home prices, a shortage of attainable housing, and displacement caused by income stagnation relative to housing costs. These economic realities necessitate a paradigm shift in housing policy—one that prioritizes long-term affordability through innovative public-private mechanisms rather than relying solely on market corrections. Read more…