We don't want any of our tax money subsidizing development, retail or housing.- PARDners Janet and Leroy Damm, Moscow-Pullman Daily News, January 21, 2008
An interesting idea that emerged from the discussion was that of a community trust that could work with groups like the Community Action Center to help families in Pullman find homes in their price range, keeping these homes in trust to ensure that when the owners decide to move, these homes remain affordable. It’s a win for the community, a win for the home owners and a win for Pullman.- Deirdre Rogers, Moscow-Pullman Daily News, December 14, 2007
Susie Law-Godat, with the Portland Community Land Trust, discussed how the program helps provide people with home owner opportunities in the Portland-area. Through the program, people purchase their homes but the agency owns the land.- "PARD forum tackles issue of affordable housing in Pullman," Moscow-Pullman Daily News, November 30, 2007
The idea, she said, is to keep the land to be used for affordable housing.
"It's a lot of bang for your buck," she said. "It's a great way to keep your subsidy in the same property."
Because the agency owns the land, the family's mortgage payments are lower. When and if a family decides to move, they often have acquired enough equity that they can purchase a home on the open market.
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