ULC’s annual end of summer event will focus this year on how we use our Community Land Trust (CLT) to permanently preserve affordability. ULC has been incorporating the CLT into our real estate investments since 2007, with our first purchase being the Jody Apartments in the Villa Park neighborhood in partnership with Newsed.
Today, ULC’s CLT is comprised of four separate properties, all with 99-year ground leases, which will be renewed for an additional 99 years, preserving affordability in Denver neighborhoods for 198 years. We continue working with partners to use our CLT to further prevent involuntary displacement in Denver’s vulnerable communities.
The event will be Thursday, September 14th from 4:30 to 7:00 pm. Join us to celebrate our partnerships and learn more about the benefits of Community Land Trusts!