Source: Champlain Housing Trust Press Release, June 24

“A report released recently by a researcher at Vanderbilt University in partnership with the National Community Land Trust Network found that conventional homeowners were eight times more likely to be in the process of foreclosure than owners of community land trust homes at the end of the 4^th quarter of 2009. The Champlain Housing Trust (CHT), a member of the Network and a participant in the study, had no foreclosures in 2009 among its portfolio of 477 resale–‐restricted homes in northwestern Vermont. [More ...]