Could We Create a Community Land Trust in Fort Wayne?

Could We Create a Community Land Trust in Fort Wayne?

Jason Webb of Grounded Solutions Network is part of the team creating a new community land trust in Indianapolis. In a recent webinar, he reflected on how living in a Community Land Trust (CLT) helps families build wealth, just not in the traditional way. “The generational wealth that homeownership can bring to future generations is more than just the dollars and cents that somebody could get from that real estate transaction. The wealth really comes from the stability of having a home, of not needing to go through the rent increases year after year.” The goal is for lease owners to be in a better situation than they’d be in if they rented, so that they can invest a larger portion of their disposable income into their businesses, retirement accounts, and families. A Community Land Trust...

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Building a Future for Young Adults Aged out of Foster Care

Building a Future for Young Adults Aged out of Foster Care

“When we were in foster care, we weren’t allowed to get a license, we weren’t allowed to have a bank account or a phone. We weren’t allowed to have anything.” A young woman in Fort Wayne’s young adult housing described the steep learning curve she encountered at age eighteen. The path to adulthood is fraught for any young person, but it presents additional challenges to those who age out of foster care without a support system in place. These kids are given $600 and a backpack on their eighteenth birthdays, but if they don’t have a birth certificate or a Social Security card, the next steps seem insurmountable. At The Courtyard on Home Avenue in Fort Wayne, most residents used to be foster children. The Courtyard is an apartment complex that houses young adults, usually between ages 18...

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Rent Hikes and Evictions Roil Renters in Northeast Indiana

Rent Hikes and Evictions Roil Renters in Northeast Indiana

Shirley Rork is an Eviction Intervention Program Director for Just Neighbors Interfaith Homeless Network, and a very busy woman. “In Allen County, the rent increase in the past year has been up 40 percent,” Rork said. “I had a tenant being evicted at court. The landlord charged him, and his girlfriend, their two kids $750 a month for a downstairs apartment on Wells Street. Well, they had them sign a new lease, and increased their rent to $1,700.” After the audience let loose with a collective gasp, she explained that most local rent increases were less but still substantial, often increasing from $800 to $1,200 for the same apartment. Rork and three other housing experts offered their views on the Fort Wayne rental market and high eviction rate on April 27 at the Fort Wayne 2022 Fair...

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“Just because a community’s affordable doesn’t mean it’s stable.”

“Just because a community’s affordable doesn’t mean it’s stable.”

 Interview with Dr. Matthew Desmond, Author of Evicted: Poverty and Profit in the American City Fort Wayne is an affordable city in the very affordable Midwest, which suggests stability. However, affordability and stability don’t extend to the region’s rental market. Princeton University’s Eviction Lab ranked Fort Wayne 13th in the nation for the number of renters evicted from their houses and apartments in 2016. That year, an average of 8.35 households were evicted each day, but the challenges renters face have grown steadily since then. With area rents increasing by 40 percent over the last year, average household earnings haven’t come close to keeping up. Pressures like these can force more and more renters to fall behind and end up evicted. What’s happening? Are northeast...

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The Collaborative Corner | Zach Vessels

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