Bread & Roses Housing, Inc.

Description

Our model is simple. A home is built or fully renovated, and we sell it at a reduced cost to a very low-income, first-time home buyer. The buyer owns the home and gains the advantages of ownership; BRH retains the land in a community land trust, and ensures the continuity of affordability for another low-income, household if the homeowner chooses to move.

By design and by intent, we are committed to preserving the affordability of housing, one owner after another, for generations to come. With the assistance of contributions, grants, and subsidies, we purchase land and build a home. By removing the cost of the land from the sale price and utilizing a resale formula that balances the homeowner's equity interest with the affordability interest of the community, we can offer homes that are very affordable and that may be purchased by households otherwise locked out of the housing market.