MENU Open Menu Open or Close Search
Print Page Contact Share

Best Practice

Housing Trust Fund or Real Estate Investment Trust

Local jurisdictions can create a housing trust fund or real estate investment trust with funds from nonprofit organizations, community foundations, and local governments. These trusts provide alternative funding streams to be used in support of homeowners by dividing the ownership of the structure, land, and lease. This frees up some specific financial resources that can be used for maintenance and for ensuring long-term affordability.


Local jurisdictions implement the ordinance; nonprofit organizations, community foundations and local governments usually pool funds to create the trust. The cost of setting up the trust will depend on the size and needs of each community.


Implementation requires going through the local processes to change the ordinance, usually 6-12 months, plus an additional 18-24 months to create the fund.


Collaboration / Partnerships, Government, Maintenance, New Development, Ownership


Affordable Housing, Increase Homeownership

Practice Tool





Urban and Rural

back to best practices
Top of Page