Land Trust

WELCOME

 
 
 
 
 
 
 
 
 

membership eligibility

Open to community and other non-profit organizations who support the purposes of the Network and:

1.

is incorporated under state law

2.

has no part of its earnings going to any member, founder, contributor or individual from its board of directors

3.

Is neither controlled by, nor under the direction of individuals or entities seeking to derive profit or gain from the organization.

4.

Has a tax-exempt ruling from the Internal Revenue Service under Section 501 (c) (3) of the Internal Revenue Code

5.

Is not a public body (including the local city or town) or an instrumentality of a public body. Either of these entities may be the "sponsor" of a Community Housing Organization but may not have the right to appoint more than one-third of the governing board and no more than one third of the board can be public officials.

6.

Has among its purposes the provision of decent housing that is affordable to low and moderate income persons as evidence in the incorporation or by-laws.

7.

Maintains accountability to low-income community residents