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Laconia Area Community Land Trust

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Nonprofit Overview

Causes: Homeless & Housing, Housing Development, Construction & Management

Mission: Assist low and moderate income families in achieving economic self-

Programs: Rental properties and asset management - laclt retained the services of a third party management agent for its portfolio of properties effective april 1, 2006. Laclt provides asset management services related to those properties.

affordable housing production - laclt acquires property that is typically grossly substandard and requires extensive rehabilitation. Laclt brings the property up to a safe, good quality standard, and preserves it as permanently affordable through the unique mechanisms of the community land trust model.

homeownership center - laclt provides homebuyer and financial literacy training through its homebuyer resource center. Participants receive education and support which assists them in becoming successful homeowners. The initiative is also intended to encompass the development of homeownership opportunities for low and moderate income families.

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