Posts Tagged ‘ground lease’

Taxation of Affordable Housing in Community Land Trusts

Tuesday, December 15th, 2009

Imagine that you own a home, but not the land on which it sits. You’re a tenant on the land, subject to a 99-year ground lease. As a condition of the ground lease, you are permitted to sell your home only to a household earning less than the community’s median wage, and the ground lease […]