community land trusts | Fort Wayne Media Collaborative

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The mission of the Fort Wayne Media Collaborative is to bring together Fort Wayne’s media resources to address complex community challenges by creating and disseminating solid, evidence-based journalism. We envision transforming the nature of local journalism in Fort Wayne and giving our community greater access to solutions-oriented news that encourages civic engagement.

How to Start a Corporation for a Housing Cooperative

by Gabi Lorino | Jun 23, 2023

After gathering with like-minded folks and agreeing on a common goal for cooperative housing, what does it take to set up a corporation for a co-op? Figure out the structure of the corporation first. Consulting an attorney and an accountant can give you a picture of the best way to set up the corporation for your cooperative. Tap additional resources, such as the Northeast Indiana Small Business Development Center (ISBDC), as needed. A resource list is provided on Fort Wayne’s Community Development website. Deb Trocha of the Indiana Cooperative Development Center is open to talking with Hoosiers who are interested in setting up a cooperative. She sees significant opportunities for areas like Fort Wayne to improve housing market options for residents. In the startup...

Could We Create a Community Land Trust in Fort Wayne?

by Gabi Lorino | Apr 12, 2023

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...