Property Ownership
A Vermont community land trust (CLT) helps maintain affordability by:
AOwning the land while buyers own the homes, with resale restrictions to keep homes affordable for future buyers✓ Correct
BRenting all properties to low-income tenants
CSubsidizing mortgage interest rates for all buyers
DOwning the homes while land is owned by the municipality
Explanation
Community land trusts retain ownership of the land and lease it to homeowners at low cost. Homeowners own their homes subject to resale restrictions that maintain affordability for future buyers.
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