Highland Park is setting a remarkable example in addressing the critical need for affordable housing. Through a collaborative effort between the city and the Community Partners for Affordable Housing (CPAH), a new wave of affordable homes is on the horizon, promising a future where homeownership is accessible to all.
A Partnership for the People
The collaboration has led to a significant grant from the Highland Park Community Land Trust, earmarking $255,000 towards CPAH’s initiative to acquire, rehabilitate, and sell three single-family homes this year. This move not only supports the immediate need for affordable housing but also strengthens the community’s infrastructure against a growing population and housing shortage concerns.
Focusing on the Future
CPAH’s efforts have not waned since 2004, continuously working alongside the city to introduce three to five homes annually. The target demographic includes low-income families and individuals facing economic hardships, ensuring that those who contribute to the city’s vibrancy can also call it home.
Affordable Housing in Highland Park: An Innovative Model for Permanence
The Community Land Trust model stands out by offering affordable homeownership opportunities that build wealth and equity for low-income families. This model ensures that homes remain affordable in perpetuity, addressing long-term community needs while promoting inclusivity.