Evaluating CLT Performance

CLTs hold themselves to a high standard in trying not only to boost individual families into secure housing, enabling them to reap the many benefits of homeownership, but also to protect the community’s long-term interest in that housing: preserving its affordability for future generations of low-income homebuyers, protecting its safety and soundness, and preventing mortgage foreclosures and absentee ownership.  The materials collected (or referenced) in this section of the CLT RESOURCE CENTER present evidence collected to date evaluating whether CLTs have been effective in reliably delivering   – and equitably balancing – these individual and community benefits. 

• Lands in Trust, Homes That Last – A Performance Evaluation of the Champlain Housing Trust – John Davis and Alice Stokes, 2009
• The Asset-Building Potential of Shared-Equity Homeownership – John Davis and Rick Jacobus
• Stewardship Works– John Davis and Emily Thaden, Shelterforce, Fall 2010
• Performance, Chapter 5 of Shared-Equity Homeownership
• Additional materials evaluating CLT performance:
  • Balancing Affordability and Opportunity: An Evaluation of Affordable Homeownership Programs with Long-Term Affordability Restrictions – Kenneth Temkin, Brett Theodos and David Price, The Urban Institute, October 2010
  • Shared Equity Homeownership Evaluation: Champlain Housing Trust Case Study – Kenneth Temkin, Brett Theodos and David Price, The Urban Institute, October 2010
  • A Promising Way Forward for Homeownership: Assessing the Benefits of Shared Equity Programs – Kenneth Temkin, Brett Theodos and David Price, Community Investments, Spring 2011
  • Results of 2011 Comprehensive CLT Survey – Emily Thaden
  • Stable Homeownership in a Turbulent Economy – Emily Thaden, The Lincoln Institute, July 2011