Article

A Foreclosure-Free Option

The mortgage crisis and the rise in foreclosures nationwide have left the American dream in tatters and may be sparking a recession. Yet a fast-growing form of housing—the community land trust—has become a virtually foreclosure-free safe harbor. One of the best examples of this fresh approach to putting a roof over people's heads is in Boston.

The mortgage crisis and the rise in foreclosures nationwide have left the American dream in tatters and may be sparking a recession. Yet a fast-growing form of housing—the community land trust—has become a virtually foreclosure-free safe harbor. One of the best examples of this fresh approach to putting a roof over people’s heads is in Boston.

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Authors

David M. Abromowitz

Senior Fellow

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