Cape Fear Community Land Trust

Community Services Non Profits

Why pick this one

Cape Fear Community Land Trust creates permanently affordable housing through land-lease homes, below-market rentals, and ownership projects in Wilmington.

Best for

  • Working families seeking affordable homeownership in Wilmington
  • People seeking below-market-rate housing
  • Affordable housing projects requiring long-term resale affordability
  • Neighborhood revitalization through affordable home construction or renovation

Look elsewhere if

  • People seeking conventional market-rate real estate services

Specialties

  • land-lease affordable homes
  • below-market-rate home rentals
  • affordable home sales
  • affordable home renovations

Certifications

  • Designated as a Community Housing Development Organization (CHDO)
  • Founding member of the North Carolina Community Land Trust Coalition

What makes them different

  • Homes sold through the land trust model remain affordable upon resale for over 99 years
  • Nine land lease properties and two below-market-rate rentals listed among organizational achievements
  • Partnership with Cape Fear Habitat for Humanity and the City of Wilmington produced eight affordable homes
  • Executive Director Paul J. Stavovy has over 25 years of housing industry experience
  • Projects include affordable housing in downtown Wilmington
Serves
Wilmington

Distilled from this business's own website.

Contact & Location

Address
228 N Front St #202a, Wilmington, NC 28401
Phone
+19102180022
Website
http://www.foreverplaces.org/
Email
info@foreverplaces.org

Services

  • affordable housing development
  • below-market rental housing
  • affordable homeownership
  • neighborhood revitalization
  • community housing partnerships

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