Progress for Minot’s Community Land Trust - KMOT.COM - Minot, ND - News, Weather, Sports

Progress for Minot's Community Land Trust

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It seems like new apartments and homes are going up every day in the Magic City, but new construction can be expensive for some residents.  But progress is being made on a new concept for Minot homeowners that could help keep money in their pockets.

 An organizational meeting was held earlier today to discuss the new Community Land Trust concept for Minot.   Vacant lots in the city would be purchased by the non-profit program.  As families move into homes on those lots, they wouldn't have to worry about the cost of the land.  These homes would be set aside for low-to-moderate income families.  Minot's Community Land Trust could apply for up to 2 million dollars from the state to use for the program.

 "We're going to be able to address some of the lots and homes that are in the valley that were flooded, the ones where it doesn't look like anything has been done to them yet.  If we're able to acquire those parcels of land and turn them into a viable piece of property, have them be available for low income housing, it benefits the whole community," stated Connie Fiest, Chairman of the organizational group in-charge of planning the Community Land Trust.

 Minot Mayor Curt Zimbelman will choose the final group for a nine person board of Directors for the Land Trust program. 

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