Community Co-Ownership Initiative
The Community Co-Ownership Initiative is a partnership between the Northern California Land Trust and the People of Color Sustainable Housing Network (POCSHN), along with other members of the Bay Area CLT Consortium (BACCLT) to diversify and expand access to shared ownership and resident controlled housing through leadership training, development of new financing tools, and technical support.
The kickoff workshop session in our Education and Training series will be:
Intro to Community Land Trusts & Cooperative Ownership: Histories and Legal Models
Sunday, April 22, 2018 | 2:30pm-5:30pm
Hosted at Liberating Ourselves Locally
1234 23rd Ave, Oakland, CA 94606
Open to the Public
Please RSVP on our Eventbrite Page Here
Education & Training Series Topics Include:
1. Overview of Community Land Trusts and Cooperatives History
2. Overview of Models for Cooperative Development &
3. Creating a Life Together: Collective Vision, Group Process
and Decision-Making for Co-Ownership
4. Cooperative Governance 101
5. Property Search & Site Assessment
6. Financing Strategies, Budgeting and Feasibility Analysis
How to Get Involved:
Groups & Individuals Interested in Starting a Co-Ownership Project: Join us for the 2018 Education and Training Series workshops beginning in April of 2018. The series will consist of bimonthly open-to-the-public training sessions and monthly cohort-driven training sessions on the basics of site assessment, group governance & decision making, legal structures, and financial strategies for cooperative ownership and stewardship. This series will be compiled into an online learning curriculum resource to share widely.
The application to join the cohort track of the Community Co-Ownership Initiative 2018 Education and Training Series is open! Applications are now Due April 9, 2018. Learn More & Apply for the Cohort-Track of the CCOI Series Here.
Residents of Existing Co-Ownership Projects: This project is here to support you too! We will be conducting specific training sessions for deepening, maintaining and supporting existing CLT and cooperative resident ownership projects. We are also looking for folks to join us as peer-trainers to provide insight for new co-ownership project cohorts. If you live in a co-ownership project and would like to get involved, please contact us here.
2018 Education & Training Series participants will:
Learn the basics of cooperative housing and resident controlled ownership models
Gain skills in group process, visioning & decision-making
Receive technical assistance on legal and financial strategies for shared ownership.
Grow partnerships with Community Land Trusts on developing co-ownership projects in the Bay Area.
Key Project Focus Areas
Training / Leadership Development: Education and training is at the heart of our program. By training community members at risk of displacement in the basics of site assessment, group decision making, leadership skills and financial analysis we are able to broaden the range of economically feasible co-ownership projects and make better use of scarce resources while providing valuable skills.
Identification and Acquisition of Opportunity Sites: by working with prospective resident groups trained in initial site assessment, decision making, and technical assistance we will focus on sites that residents identify as priorities for the use of development funds.
Innovative Financing: A key part of NCLT's ground work has been the development of the Small Sites Acquisition Model which leverages local subsidy funds for small sites (Berkeley and the MTC’s NOAH fund) with conventional bank / CDFI financing, and finally the development of the East Bay Permanent Real Estate Cooperative with the Sustainable Economies Law Center and POCSHN which is structured to allow community members to directly invest in the development of resident-controlled affordable housing in their community.
Stewardship: Finally, once a project is developed and owned by residents the NCLT provides long-term stewardship, support and guarantees that the community investment in affordability will assist generations of future residents. POCSHN envisions creating a network of resources that fosters long term community support for the governance, maintenance, and sustainability of co-ownership projects. The end product is permanently affordable resident-controlled ownership housing for existing and emerging resident groups. At the end of development cycle the land is retained by the CLT (Community Land Trust) and the CLT stewards the project long-term to ensure permanent affordability and viability of the property.