Volume 2, Issue 1             Spring 2005 Newsletter

 

1041 Lyons Avenue, South Lake Tahoe, CA 96510      Phone 530 541-8930      Fax 530 541-8927        www.saintjosephclt.org

 

Continued from previous page....

Realtors and Saint Joseph Community Land Trust in working towards finding solutions for the community housing needs of Lake Tahoe. This is truly a demonstration project that people can make a difference.”

   Contact the SJCLT office to add your name to the interest list for this home.

Upcoming 2005 Board Meeting Schedule

All meetings are held in Church Social Halls

March 18, 2005 (5:30 p.m.)

   St. Theresa Church, South Lake Tahoe, CA

April 8, 2005 (1:00 p.m.)

   Our Lady of Tahoe Church, Round Hill, NV
May 13, 2005 (1:00 p.m.)

   Corpus Christi Church, Tahoe City, CA

 

                              

Resolution of Appreciation for Robert Heffernan

 

St. Joseph CLT board member Robert Heffernan resigned in January to become the Project Manager for construction of our demonstration home in South Lake Tahoe.  The Board of Directors passed a resolution thanking Mr. Heffernan for his years of support to the Land Trust.

 

Robert Heffernan shows resolution of appreciation

 

Land Trust Receives Lot from the City of South Lake Tahoe

   St. Joseph Community Land Trust is developing plans for a new three-bedroom, two-bath, two-car garage moderate-income home at the corner of Tallac and Riverside avenues in South Lake Tahoe.

   Research for the City’s recently updated housing element of the general plan shows a large number of moderate-income residents in need of moderate-income housing.

The median annual

appraised at $140,000. A two-minute, easterly walk can take the homeowner to El Dorado Beach.

  Saint Joseph Community Land Trust will acquire title to the property once it satisfies several requirements

 

household income for a family of four in South Lake Tahoe is $64,000, a level that has become difficult for many families.    

 The land trust will own the land but sell the home separate from the land.

placed on the property by the City, including adoption of a resale formula and lease agreement.

 

 

Tallac and Riverside Property looking down Riverside toward Lake Tahoe.

 

 

 

St. Joseph CLT Recent Milestones

 

10/2004

Saint Joseph Community Homes and Land name is approved by the State of Nevada for the Land Trust to do business as a corporation in Nevada.

 

2/2005

Community Housing Development Organization (CHDO) Status approved by the Western Nevada Home Consortium.

 

The homeowners will have full rights to the land.

 The lot, which is currently vacant, was recently

 

 

 

Schwab Bank Donates to Land Trust Training

 

Thank you to Nancy Muniz, Community Development Manager for Charles Schwab Bank for donating training funds to Saint Joseph Community Land Trust to attend the Federal Home Loan Bank of San Francisco Conference “Making your Vision a Reality.”

 

HUD and RCAC Guide Our Growth

   Housing and Urban Development (HUD) and Rural Community Assistance Corporation (RCAC) give the Saint Joseph Community Land Trust countless hours of technical support, assistance and funding. Eileen Piekarz, of RCAC offers her expertise and vast wealth of knowledge in guiding us

along as we grow. Our recent acceptance as a Community Housing Development Organization (CHDO) with the Western Nevada Home Consortium came with the help of Mrs. Piekarz. We are thankful for all the assistance RCAC and HUD offers to the land trust.

     Eileen Piekarz, from RCAC, leads a CHDO workshop

 

 

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