Friday, August 28, 2009

Moved Houses Become Happy Homes in Oregon

The Gazette Times reports that Willamette Neighborhood Housing moved a couple houses after buying the land on which they stood and where the organization planned to build a multi-family housing project. Instead of demolishing them, they decided to move them to a plot of land that the nonprofit owns on Southwest Leonard Street, where they became part of the Community Land Trust Program. The point of the land trust is to sell the houses to low-income first-time homebuyers for about half the usual cost of a house in Corvallis.

The total costs for the moving and rehabilitation of both homes totaled $279,996, which was largely financed by the City of Corvallis, as well as Community Frameworks and Neighborworks America.