Affordable Forever
A sustainable investment platform that enables Community Land Trusts to scale operations and portfolios without relying on perpetual public subsidies.
About The Land Company
The Land Company originated as my undergraduate capstone project, driven by a desire to address the scalability crisis facing Community Land Trusts (CLTs). While CLTs are powerful tools for preventing displacement, they have historically struggled to grow due to a reliance on scarce public subsidies and fragmented capital. To address this structural barrier, I pitched my concept to the Florida Housing Coalition centered on a self-sustaining acquisition and development platform designed to decouple shared-equity housing from heavy subsidy dependence. This initiative has since evolved into the Permanent Affordability Fund, a statewide vehicle designed to empower CLTs to move beyond incremental acquisitions by partnering with experienced private developers on mixed-income multifamily projects.
In transforming this research into an operational fund, I played a key role in structuring the investment thesis and underwriting protocol. My work involved building complex development and acquisition pro formas to test financial feasibility, as well as utilizing Python and GIS to identify high-viability markets and at-risk assets across Florida. The resulting fund model leverages legislative incentives, such as the Live Local Act, to deploy patient, mission-aligned capital. This approach de-risks senior debt for financial partners while generating the durable revenue streams CLTs need to sustain operations and expand their portfolios independently.
My work culminated in co-authoring the fund’s comprehensive business plan and supplementary case studies, which demonstrate how this model can preserve affordable housing inventory at scale. By introducing a structure that functions as quasi-equity, the fund enables CLTs to compete in the open market for larger assets without relying on perpetual government grants. The project stands as a blueprint for the next generation of affordable housing finance, shifting the paradigm from one-off preservation to a sustainable, scalable pipeline of permanently affordable community assets.
As I continue to advance this initiative through ongoing consulting work, further details will be shared in upcoming updates. Ultimately, the success of this model relies on strong partnerships across the housing ecosystem. I invite affordable housing developers, municipal leaders, community finance institutions, and philanthropic foundations to reach out to learn more about how we can collaborate to capitalize this fund and operationalize a scalable future for permanent affordability.