NOT-FOR-PROFIT housing organisation Waterfall Way Community Land Trust (CLT) will host a series of public information sessions this June to introduce a model of “forever affordable shared homeownership”.
Sessions will take place in Dorrigo, Urunga and Bellingen, providing residents with an opportunity to learn about the Community Land Trust (CLT) model, an approach used internationally to ensure homes remain affordable in perpetuity.
The Waterfall Way CLT says it is focused on supporting the ‘missing middle’ – local income earners who earn too much to qualify for social housing but cannot afford to buy a home locally.
This includes local workers, young families, and long-term residents who want to remain in their communities.
“The housing crisis is pricing out the very people who keep our communities running – nurses, early childhood educators, teachers, people in retail, tourism, hospitality – really most people on a local wage,” said Kerry Pearse, Executive Officer of Waterfall Way CLT Ltd.
“The CLT model offers a practical, community-owned solution to deliver housing that remains affordable for generations to come.
“Houses are a few years away but we are now up and running.”
Residents attending the sessions will learn how the CLT works and be invited to register their interest as potential future residents or supporters.
Light refreshments will be available and kids are welcome.
Session dates:
Dorrigo: Sunday 1 June, 1:00–2:30pm;
Urunga: Tuesday 3 June, 5:30–7:00pm;
Bellingen: Tuesday 5 June, 5:30–7:00pm.
For more information, visit housingmatters.org.au/waterfall-way-community-land-trust.
