Over the course of 25 years Homestead Community Land Trust has grown from a twinkle in the eye of several neighborhood activists to a financially stable non-profit organization with full-time staff and more than 200 homes in trust.
As of December 2016, Homestead has partnered with 238 households to bring 211 homes into trust (the 238 households figure includes 27 resales). Read some of their stories here.
This means there are over 500 individuals who now have access to the security and stability of homeownership who otherwise would not. Of these, more than 160 are children under the age of 18.
Homestead works in neighborhoods across Seattle and in some of the close-in suburban cities and looks to build or acquire homes that are close to jobs, services and transportation choices.
Feel free to peruse a map of where are our homes are located.
Over half, 57%, of Homestead homeowning households are households of color.
The average Area Median Income (AMI), adjusted for household size of current Homestead homeowners is 57% of AMI. Homestead homeowners are individuals (32%) and families (68%).
However, it is not just the households who purchase homes in partnership with Homestead who benefit from our work. When people can afford to live near areas of opportunity, neighborhoods gain strength and resilience, and our community moves together towards social justice, economic vitality, and environmental sustainability.