Community Land Trust in the Lower 9th Ward

This is an article that I wrote recently for Miller-McCune.com It deals with the project to create a community land trust in the Lower 9th Ward. In fact, The Greater New Orleans Foundation is exploring the creation of community land trusts and a business trust in other parts of New Orleans. However, there has been some strident opposition to the project in the Lower 9th Ward. The issue is challenging because there is a need to help people build assets through home-ownership. Opponents, however, say that land is currently so cheap in the L9 that there is no reason for people not to buy outright.

http://www.miller-mccune.com/business-economics/own-a-home-but-not-the-land-28406/

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