CommonSpace CLT (CSCLT) and other CLTs across the country are actively working on the preservation of unsubsidized existing affordable homes, especially older units of multifamily apartments and townhouses, to promote housing stability and potential future ownership models for tenants.
Small to medium multifamily (SMMF) properties – properties with 2 to 49 units – are a critical source of affordable housing. CSCLT is a housing provider that seeks out the most effective tools, training, technical assistance and grants in order to capture capital resources to acquire, rehabilitate, and preserve the affordability of SMMF properties.
