Services for community land trusts
Coliving Counsel provide project counsel to California community land trusts on the following matters:
development support for new build projects like limited equity housing cooperatives and ADU projects;
arrangement choice between limited equity housing cooperatives, limited equity condos, resident-owned nonprofits, resident-managed nonprofits, tenancy in common, and more;
agreement drafting for bylaws, ground leases, master leases, LEHC projects, limited equity condo projects, resident-owned nonprofit projects, and more;
regulatory agreement compliance and negotiation for state and citysubsidy programs.
Development Support for CLTs
Coliving Counsel provides development support to community land trusts on the following matters:
understanding the application of the Subdivision Map Act and Subdivided Lands Act to limited equity housing cooperative development;
comparing development costs and buyer financing options across limited equity housing cooperatives, limited equity condos, resident-operated nonprofits, and tenancy in common projects;
understanding how California’s Missing Middle Housing laws like SB 9, SB 684, and SB 1123 and local equivalents like Berkeley’s Middle Housing Infill Project law can support affordable construction and shared equity projects; and
understanding ADU laws and how to fit ADUs into existing primary residence shared equity structures after local AB 1033 ADU condominium ordinance adoption.
Arrangement Choice for CLTs
Coliving Counsel helps community land trusts evaluate and understand arrangement choices like:
limited equity housing cooperatives (“LEHCs”) with and without Department of Real Estate Public Report exemption, stock co-ops incorporating LEHC features, and leasehold LEHCs;
group and zero equity housing co-ops, resident-owned nonprofits, and resident-managed nonprofits;
limited equity condo projects;
tenancy in common projects or community apartment projects; and
mixed structures involving two shared equity structures for the same building, involving residential and commercial components, or involving primary structures and ADUs.
Agreement drafting for CLTs
Coliving Counsel provides agreement drafting services to community land trusts related to the following:
memoranda of understanding;
purchase options and rights of first refusal;
community land trust bylaws;
ground leases, master leases, and residential leases;
management plans;
limited equity housing cooperative documents;
resident-owned nonprofit and resident-managed nonprofit documents;
condo project documents; and
tenancy in common project documents.
Subsidy program compliance and negotiation for CLTs
Coliving Counsel supports community land trusts in complying with state and local subsidy programs and in negotiating regulatory agreements related to such programs, like:
Bay Area Housing Finance Agency’s Housing Preservation Loan Pilot;
Berkeley’s Small Sites Program (“Berkeley SSP”);
California HCD’s Manufactured Housing Opportunity & Revitalization Program (MORE);
Los Angeles’ Measure ULA Alternative Models for Permanent Affordable Housing,
Mountain View’s Community Ownership Action Plan;
Oakland’s Acquisition and Conversion to Affordable Housing, Community Land Trust - Limited Equity Housing Program (“Oakland ACAH CLT-LEHC”);
Richmond’s Equitable Public Land Disposition Policy Framework; and
San Francisco MOHCD’s Small Sites Program.
Testimonials