Limited Equity Co-ops

Among other endeavors, Lopez Community Land Trust combines the CLT model with Limited Equity Co-ops (LECs), by leasing land to a housing cooperative through a renewable 99-year ground lease. This model has proven to be successful on Lopez Island. Below are a few resources to help you gain greater understanding of Lopez Community Land Trust and Limited Equity Co-ops. 

  • Video from Rogue Valley Housing Solutions “What is a Housing Cooperative and a CLT” interview and conversation with LCLT Executive Director Sandy Bishop
  • LCLT Slideshow from the Homes Futures Institute on CLTs and Limited Equity Housing Cooperatives
  • Research paper by Meagan M. Ehlenz, Community Land Trusts And Limited Equity Cooperatives: A Marriage Of Affordable Homeownership Models?  2014 Lincoln Institute of Land Policy.

“What is a Housing Cooperative and a CLT”

This video is a recorded conversation by Rogue Valley Housing Solutions with LCLT Executive Director Sandy Bishop.

Home Futures Institute 2023 Presentation: Lopez Community Land Trust Limited Equity Co-ops

This slideshow covers what LECs are, how they operate, example limited equity resale formulas, and an overview of challenges and advantages of LECs.

Link: https://www.lopezclt.org/wp-content/uploads/HFI-2023-LCLT-FINAL-4MB-2.pdf

Community Land Trusts And Limited Equity Cooperatives: A Marriage Of Affordable Homeownership Models?

Research paper by Meagan M. Ehlenz 2014 Lincoln Institute of Land Policy. Click the image below, or the link here: https://www.goldbeachoregon.gov/vertical/sites/%7B95824C9A-6BB0-47B3-83E2-3D2AE3179E09%7D/uploads/April_3_2023_Appendix.pdf