| Type | Non-Profit |
|---|---|
| Industry | Affordable housing |
| Founded | 1984 (Vermont) |
| Headquarters |  Vermont |
Area served | Northwest Vermont |
| Products | Affordable housing |
| Website | http://www.champlainhousingtrust.org |
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The Champlain Housing Trust is a membership-based nonprofit, non governmental organization which creates and preserves affordable housing in northwest Vermont. [1] As of 2019 the Champlain Housing Trust is the largest Community Land Trust in the United States. [2]
The Burlington Community Land Trust and Lake Champlain Housing Development Corporation were each founded by the City of Burlington, Vermont in 1984 to provide affordable, safe housing to families and individuals with low to moderate incomes. As geographic territory, services, and funding sources increasingly overlapped, the two organizations decided to combine their assets and resources into Champlain Housing Trust. In 2006, the merger was complete. [1]
In 2009, the organization moved headquarters on King Street. Besides containing the staff, the building has room for 20 families. [3]
In 2009, there were 80 staff members located throughout Chittenden, Grand Isle, and Franklin counties. [1]
In 2009, the trust had $43 million in assets, nearly 1,500 apartments, 440 owner-occupied homes, and 15 commercial buildings. [4] As of 2018 the Champlain Housing Trust's assets were valued at $144 million, with more than 6,000 people sleeping in CHT properties every night. [5]
Lake Champlain is a natural freshwater lake in North America mainly within the borders of the United States but also across the Canada–U.S. border into the Canadian province of Quebec.
Vermont is a state in the New England region of the United States. It borders the states of Massachusetts to the south, New Hampshire to the east, and New York to the west, and the Canadian province of Quebec to the north. Vermont is the only state in New England that does not border the Atlantic Ocean. Vermont is the second-least-populated U.S. state and the sixth-smallest by area of the 50 U.S. states with a recorded population of 643,503 according to the 2020 U.S. census. The state capital is Montpelier, the least-populous state capital in the United States. The most-populous city, Burlington, is the least-populous city to be the most-populous city in a state.
Burlington is the most-populous city in Vermont and the seat of Chittenden County. It is 45 miles (72 km) south of the Canada–United States border and 94 miles (151 km) south of Montreal. The population was 42,545 at the 2020 census. It ranks as the least-populous city to also be the most-populous city in its state.
Chittenden County is the most populous county in the U.S. state of Vermont. As of the 2010 census, the population was 156,545. The county's population estimate for 2019 was 163,774. The county seat is Vermont's most populous municipality, the city of Burlington. The county has over a quarter of Vermont's population and more than twice the population of Vermont's second most populous county, Rutland. The county also has more than twice the population density of Vermont's second most dense county, Washington. The county is named for Vermont's first governor and one of the framers of its constitution as an independent republic and later U.S. state, Thomas Chittenden.
Shelburne is a town in Chittenden County, Vermont, United States. Located along the shores of Lake Champlain, Shelburne is a suburb of Burlington, the largest city in the state of Vermont. Shelburne's town center lies approximately 7 miles (11 km) south of Burlington's city center. The population of Shelburne was 7,717 at the 2020 census,
South Burlington is a city in Chittenden County, Vermont, United States. As of the 2010 U.S. Census, the population of the city was 17,904. It is home to the headquarters of Ben & Jerry's and Vermont's largest mall, the University Mall. It is also one of the principal municipalities of the Burlington, Vermont metropolitan area.
Saint Albans, commonly abbreviated as St. Albans, is a town in Franklin County, Vermont, in the United States. The population was 5,999 at the 2010 census, up from 5,086 at the 2000 census. The town completely surrounds the city of St. Albans.
Champlain College is a private college in Burlington, Vermont. Founded in 1878, Champlain offers on-campus undergraduate and online undergraduate courses through Champlain College Online, along with online certificate and degree programs and master's degree programs, in more than 80 subject areas. Champlain enrolls 2,200 undergraduate students on its Burlington, Vermont campus from 44 states and 17 countries.
A housing cooperative, or housing co-op, is a legal entity, usually a cooperative or a corporation, which owns real estate, consisting of one or more residential buildings; it is one type of housing tenure. Housing cooperatives are a distinctive form of home ownership that have many characteristics that differ from other residential arrangements such as single family home ownership, condominiums and renting.
Canada Mortgage and Housing Corporation (CMHC) is a Crown Corporation of the Government of Canada. It was originally established after World War II, to help returning war veterans find housing. It has since expanded its mandate to improve Canadians' "access to housing". The organization's primary goals are to provide mortgage liquidity, assist in affordable housing development, and provide unbiased research and advice to the Canadian government, and housing industry.
Equity sharing is another name for shared ownership or co-ownership. It takes one property, more than one owner, and blends them to maximize profit and tax deductions. Typically, the parties find a home and buy it together as co-owners, but sometimes they join to co-own a property one of them already owns. At the end of an agreed term, they buy one another out or sell the property and split the equity. In England, equity sharing and shared ownership are not the same thing.
A community land trust (CLT) is a nonprofit corporation that holds land on behalf of a place-based community, while serving as the long-term steward for affordable housing, community gardens, civic buildings, commercial spaces and other community assets on behalf of a community. CLTs balance the needs of individuals who want security of tenure in occupying and using land and housing, with the needs of the surrounding community, striving to secure a variety of social purposes such as maintaining the affordability of local housing, preventing the displacement of vulnerable residents, and promoting economic and racial inclusion. Across the world, there is enormous diversity among CLTs in the ways that real property is owned, used, and operated and the ways that the CLT itself is guided and governed by people living on and around a CLT’s land.
With facilities open to the public May through mid-October, the Lake Champlain Maritime Museum (LCMM) is non-profit museum located in Vergennes, Vermont, USA. Its mission is to preserve and share the history and archaeology of Lake Champlain. As a maritime museum specializing in archaeology, LCMM studies the hundreds of shipwrecks discovered in Lake Champlain and plays a major role in the management of those cultural resources. Through the preservation and interpretation of those and other artifacts, the museum tells the story of the people and culture of the Lake Champlain region.
Education in Vermont consists of public and private schools including the University of Vermont, the Vermont State Colleges, private colleges, and secondary and primary schools in the U.S. state of Vermont.
Housing Vermont is a not-for-profit syndication and development company founded in 1988. It creates rental housing intended to be permanent and affordable for Vermonters through partnerships with local organizations, public agencies and the private sector. It has produced more than 4,000 apartments in 131 different developments. It is headquartered in Burlington, Vermont.
Timothy R. Ashe is an American politician who ran for a wide range of political offices in Vermont and served as a Democrat/Progressive in the Vermont State Senate from Chittenden County from 2009 to 2021 and as President pro tempore of the Vermont Senate from 2017 until 2021.
The Vermont Housing Finance Agency (VHFA) is chartered as a private non-profit agency to finance and promote affordable housing opportunities for low- and moderate- income Vermonters. They are located in Burlington, Vermont.
Housing trust funds are established sources of funding for affordable housing construction and other related purposes created by governments in the United States (U.S.). Housing Trust Funds (HTF) began as a way of funding affordable housing in the late 1970s. Since then, elected government officials from all levels of government in the U.S. have established housing trust funds to support the construction, acquisition, and preservation of affordable housing and related services to meet the housing needs of low-income households. Ideally, HTFs are funded through dedicated revenues like real estate transfer taxes or document recording fees to ensure a steady stream of funding rather than being dependent on regular budget processes. As of 2016, 400 state, local and county trust funds existed across the U.S.
Miro Weinberger is an American politician and the 42nd and current mayor of Burlington, Vermont. He is the city's first Democratic Party mayor since Gordon Paquette was defeated by Bernie Sanders in 1981. Weinberger was the Democratic Party chair for Chittenden County during the 2004 election cycle. He also served on the Burlington Airport Commission for nine years, as board president of the Turning Point Center of Chittenden County, a drug addiction recovery organization, and on the board of the ECHO Lake Aquarium and Science Center, Leahy Center for Lake Champlain.
John Emmeus Davis is an American scholar and community organizer who has advanced the worldwide understanding and development of community land trusts. His professional practice has focused on assisting new community land trusts (CLTs), supporting the growth of older CLTs, and helping municipal agencies, Habitat for Humanity affiliates, and other nonprofit organizations to add permanently affordable housing to their program mix. In 2014, he and a colleague, Greg Rosenberg, established an online archive of historical materials named Roots & Branches: A Gardener’s Guide to the Origins and Evolution of the Community Land Trust.