Burlington Community Land Trust Receives $1 Million
The Burlington Community Land Trust in Burlington, Vermont, has announced a $1 million gift from Lois McClure to support the creation of affordable homes in Chittenden, Franklin, and Grand Isle counties.
The gift launches the BCLT Legacy Endowment Campaign, to be co-chaired by McClure and Burlington mayor Peter Clavelle. More than 850 families and individuals currently live in BCLT's affordable apartments, cooperative housing, and single-family homes, while another 350 households receive education and financial assistance each year through the trust's HomeOwnership Centers.
"Our work developing affordable housing, and our commitment to the stewardship of community property, demands that we achieve a deep and solid financial footing," said BCLT executive director Brenda Torpy. "The Legacy Campaign provides that foundation."
