Community Land Trust of Palm Beach County
Community Land Trust of Palm Beach County
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About this organization
Mission
To increase the permanent supply of housing affordable for very-low, low and moderate income residents in Palm Beach County.
About
Completed phase 1 of the Kirk Road CLT Homes Project comprised of three (3) 2bd/2ba homes, one (1) 4bd/2ba home, and two (2) attached 3bd/2ba homes. The project was financed with a $654,767 federal home CHDO loan from Palm Beach County and a $1 million dollar construction loan from the Palm Beach County Housing Finance Authority. Completed the rehabilitation of 702 Latona Ave in the city of Lake Worth. This home will be sold to a household whose income is at or below 50% of the AMI. Made 80 affordable rental housing units available to households with incomes ranging from 30% AMI to 120% AMI at Davis Landings, La Joya Villages and the CLT of PBC's lease with an option to purchase program. Sold 20 affordable houses under the community land trust model of homeownership to eligible families with incomes below 80% AMI. Provided housing related services to 657 walk in clients. Provided stewardship services to 56 community land trust households. Held 11 community land trust orientations.
Interesting data from their 2020 990 filing
The non-profit's mission is outlined in the filing as being “See schedule o.”.
When outlining its responsibilities, they were referred to as: “To increase the permanent supply of housing affordable for very-low, low and moderate income residents in palm beach county.”.
- The state in which the non-profit operates has been officially reported as FL.
- The filing reveals the non-profit's address in 2020 to be 4938 DAVIS ROAD, LAKE WORTH, FL, 33461.
- As per the non-profit's form for 2020, they have 3 employees on their payroll.
- Is not a private foundation.
- Expenses are between $500,000 and $1,000,000+.
- Revenue is between $500,000 and $1,000,000+.
- Revenue less expenses is -$142,509.
- The organization has 15 independent voting members.
- The organization was formed in 2006.
- The organization pays $208,649 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.
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