Supporting Affordable Housing
Dakota Land Trust Campaign for Communities
Every day hard-working families throughout Western South Dakota struggle for the stability that only an affordable home can provide. Dakota Land Trust (DLT) bridges the gap between increasingly high property values and the low incomes of the families who live and work here – people who are vital to our well-being and to our community’s future.
Dakota Land Trust provides access to land and housing for people who are otherwise priced out of the housing market. The model employed helps people purchase homes on affordable terms. The price of the home is as affordable to the subsequent owners for decades as it is to the first owner in the same income level. This aspect is unique to the Land Trust model and what sets it aside from other models that start off by offering affordable housing but are unable to continue to do so after the first sale; tying future resale prices to the percentage increase in the median area income over time has a great impact every time the home is sold, it ensures the home remains affordable in perpetuity.
We are working to uphold the character, vibrancy and diversity of all of the communities we serve. To gain the necessary funding and land to create permanent affordable housing, we are launching an intensive one million dollar, fundraising campaign to generate these vital resources over the next three years.
This is your opportunity to give back to your community. Your land or monetary donation will be used for the placement of land into DLT. Your donation will also provide interim support to the organization until it is self-sustained through program income. Dakota Land Trust is a non-profit tax-exempt 501(c)3 organization.
Every day hard-working families throughout Western South Dakota struggle for the stability that only an affordable home can provide. Dakota Land Trust (DLT) bridges the gap between increasingly high property values and the low incomes of the families who live and work here – people who are vital to our well-being and to our community’s future.
Dakota Land Trust provides access to land and housing for people who are otherwise priced out of the housing market. The model employed helps people purchase homes on affordable terms. The price of the home is as affordable to the subsequent owners for decades as it is to the first owner in the same income level. This aspect is unique to the Land Trust model and what sets it aside from other models that start off by offering affordable housing but are unable to continue to do so after the first sale; tying future resale prices to the percentage increase in the median area income over time has a great impact every time the home is sold, it ensures the home remains affordable in perpetuity.
We are working to uphold the character, vibrancy and diversity of all of the communities we serve. To gain the necessary funding and land to create permanent affordable housing, we are launching an intensive one million dollar, fundraising campaign to generate these vital resources over the next three years.
This is your opportunity to give back to your community. Your land or monetary donation will be used for the placement of land into DLT. Your donation will also provide interim support to the organization until it is self-sustained through program income. Dakota Land Trust is a non-profit tax-exempt 501(c)3 organization.
