In a move to address the mounting affordable housing crisis in DeKalb County, the Board of Commissioners has green-lit a study aimed at establishing a County Community Land Trust. The Board approved a budget of $122,000 for this initiative designed to increase housing affordability and counteract the effects of displacement in growing neighborhoods. The plan for the Community Land Trust (CLT) stands as a beacon of hope for those struggling to find secure housing amidst spiraling costs.
According to DeKalb County's official announcement, the essence of a CLT is the separation of land ownership from the ownership of homes built on that land. Homeowners will lease the land, at a minimal rate, thereby making homeownership more attainable, while ensuring stable housing prices over time. Commissioner Michelle Long Spears, who sponsored the legislation, stated, "Establishing a DeKalb County Community Land Trust represents a bold and forward-thinking investment in the stability and sustainability of our communities." She also expressed her gratitude for the experts, community partners, and stakeholders who were instrumental in advancing this proposal.
District 6 Commissioner Ted Terry, a co-sponsor, applauded the Board's unanimous decision and highlighted the county's leadership role in promoting affordable housing solutions. "This Community Land Trust is a pivotal piece essential to our strategy to address affordable housing needs in our community," said Commissioner Terry, emphasizing the united front of the county's government, as per DeKalb County.
The near future of DeKalb's housing strategy appears more coordinated and innovative with the appointment of a Chief Housing Officer. Dr. Alan Ferguson, who occupies this role, noted that the forthcoming feasibility study will align with current housing and land-use strategies. The study aims to explore sustainable funding models, and create a land trust framework underpinned by fiscal accountability, and responsible land stewardship. Andy Schneggenburger, District 2 Housing Policy Consultant, also praised this effort saying, "Safe, affordable housing is the cornerstone for thriving households,” as mentioned on the DeKalb County.
