2008-2010 Founder Bruce Tabb reports to the Yakima County Homeless Network on the community land trust model. The committee authorizes a steering committee to be formed and creates Yakima Valley Community Land Trust. 2010 Bylaws written and approved; articles of incorporation are filed; 501(c)3 status is approved. 2012 Yakima Valley Community Land Trust D.B.A. Kittitas Yakima Valley Community Land Trust. Kittitas County awards KYVCLT a $90,000 Homeless Housing Program Grant. Nine-member board of directors is formed and first executive director hired. Branding and logo artwork designed. Promotion of KYVCLT begins with numerous community groups. The Kittitas Yakima Valley Community Land Trust is a local nonprofit organization whose mission is to obtain land and build affordable homes for today’s working families as well as for future generations. City of Ellensburg agrees to provide 2.85 acres at Water Street and Bender Road to KYVCLT for construction of 13 affordable homes. We do this by assisting potential homeowners through the mortgage process and obtaining grants and other resources to ensure a reasonably priced home. 2013 Second $90,000 Homeless Housing Program Grant from Kittitas County. Private investor loans $35,000 to purchase vacant lot at 609 & 611 South Ruby Street. The land remains within the Trust, further bringing down the cost of the house, while the homebuyer builds equity and has a safe, stable place to live. At resale, the home will go to another buyer who meets the income standards, thus assuring affordable housing here in Ellensburg for years to come. Private investor loans $135,000 for housing development and construction at Ruby Street site. Launch of financial education program, “Key Steps to Homeownership,” 10 hours of free required classes. First class serves 12 interested homebuyers. KITTITAS YAKIMA VALLEY COM M U N I T Y L AN D T RU S T 518 N. Pine St., Suite 102 Ellensburg, WA 98926 www.kyvlandtrust.org (509) 962-5891 Unlocking the doors to affordable homeownership What is a community land trust? Foundations [a look to the past] Your community land trust Past, present & future 2014 Framing [a look at the present] Sold our first CLT home to a couple who stated, “We have proved the naysayers wrong!” Began construction on our second home. Placed three families on our homebuyer waitlist. Taught seven financial education classes, “Key Steps to Homeownership,” and served 33 individuals. Delivered nine presentations to local community groups, reaching more than 100 people. Recruited 16 new volunteers. Recipient of six grant awards totaling $112,000: • $90,000 Homelessness & Housing Grant from Kittitas County • $15,000 Community Frameworks SelfHelp Homeownership Opportunity Grant • $5,000 Wells Fargo Foundation Grant • $2,000 Umpqua Bank Charitable Foundation Community Giving Program Received in-kind donations totaling $6,800. Foundations fundraising campaign acquired $21,770 in donations. A private investor loaned KYVCLT $170,000 for construction and development of the two South Ruby Street homes. Recruited six volunteers for a Marketing and Communication Committee to plan promotional efforts. Recruited a volunteer administrative assistant to handle office duties and work on fundraising efforts. Collaborated with volunteer graphic designer and volunteer videographer to create a crowdfunding video. Partnered with the City of Ellensburg to apply for a Community Development Block Grant. The city was awarded $325,000 for the extension of Water Street past Bender Road and utility service for 13 KYVCLT affordable homes in the planning stages. Second executive director is hired. Former executive director transitions to board of directors. 2015 First CLT home on South Ruby Street Raising the roof [a look to the future] Half of current board retires and new members join, including homeowner/homebuyer member positions. Philanthropy Council formed with active and widereaching fundraising underway. Completion of second affordable home on Ruby Street by April, with homebuyers move-in expected in May. Private investors and grant funding needed for Water Street housing development. Groundbreaking for Phase 1 (six to seven homes) at the Water Street property anticipated mid- to late summer, with move-in expected in December. Recruitment of 14 mortgage prequalified/approved homebuyers, who may also qualify for down payment assistance savings accounts. Negotiation and collaboration on numerous property/partnership opportunities in Upper and Lower Kittitas County, as well as Yakima County.
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