Rondo community land trust Review

About Rondo community land trust

Rondo Community Land Trust: Providing Affordable Housing Solutions in St. Paul and Suburban Ramsey County

Rondo Community Land Trust (CLT) is a community-based affordable housing land trust that operates in St. Paul and Suburban Ramsey County. The organization is named after Rondo Avenue, which was once a main commercial corridor that was renamed Concordia Avenue during the construction of Interstate 94. The construction of the interstate dislocated many long-term residents and fractured the predominantly African American community.

The mission of Rondo CLT is to provide affordable housing solutions for low-income families, seniors, and individuals who are struggling to find decent and safe housing options in the area. The organization believes that everyone deserves a place to call home, regardless of their income level or background.

Rondo CLT works by acquiring land through donations or purchases from private owners or government agencies. Once they acquire the land, they develop it into affordable housing units using sustainable building practices that are environmentally friendly and energy-efficient.

One unique aspect of Rondo CLT's approach is their use of a ground lease model for homeownership. This means that instead of owning both the land and the house on it, homeowners only own the house while leasing the land from Rondo CLT at an affordable rate. This model ensures that homes remain permanently affordable even as property values increase over time.

In addition to providing affordable housing options, Rondo CLT also offers financial education programs for its residents to help them build wealth and achieve financial stability over time. These programs include credit counseling, budgeting workshops, homebuyer education classes, and more.

Rondo CLT has been successful in providing quality affordable housing solutions for low-income families since its inception in 2009. To date, they have developed over 50 units across multiple properties throughout St.Paul and suburban Ramsey County.

If you're looking for an organization committed to providing quality affordable housing solutions while promoting financial education and stability, look no further than Rondo Community Land Trust. With their unique ground lease model and commitment to sustainable building practices, they are leading the way in affordable housing solutions in the St. Paul area.