OPENING DOORS TO AFFORDABLE HOUSING
In these economically distressed times, the DBCLT efforts minimize existing blight with developing safe, quality homes that the Community of Delray Beach can be proud of.
MISSION STATEMENT
CORE VALUES AND GOALS
TO PROVIDE
Housing opportunities for low and moderate income individuals to secure housing that is decent, affordably priced and controlled by the residents on a long-term basis.
EXCLUSIVE EXPERIENCES
The quality and affordability of housing for future generations.
TO PROTECT
The natural environment and to promote the ecologically sound use of land and natural resources and the long-term health and safety of the community.
TO COMBAT
Community deterioration in economically disadvantaged neighborhoods by promoting the development, rehabilitation, and maintenance of decent housing in these neighborhoods; by promoting economic opportunities for low-income residents of these neighborhoods including opportunity to build wealth through asset ownership; by making land available for projects and activities that improve the quality of life in these neighborhoods; and by assisting residents of these neighborhoods in improving the safety and well-being of their community.
BACKGROUND
The Delray Beach Community Land Trust (DBCLT) is one of several affordable and workforce housing initiatives created to provide a middle ground where both individual families and the community at large share in the long-term affordability and wealth creation that results from the wise investment of public funds in privately owned housing.
Housing has always been America’s greatest asset building strategy. For most American families, their investment in homeownership is their single most important source of wealth creation. Similarly, public sector investment in housing also generates valuable assets. Most homeownership subsidy programs use public money to build what is almost entirely private wealth.
Housing has always been America’s greatest asset building strategy. For most American families, their investment in homeownership is their single most important source of wealth creation. Similarly, public sector investment in housing also generates valuable assets. Most homeownership subsidy programs use public money to build what is almost entirely private wealth.