VCLT Mission Statement

The mission of the Valley Community Land Trust is to provide home-ownership and rental opportunities to low- and moderate-income families in San Mateo and Santa Clara Counties while ensuring housing affordability in perpetuity through the use of the land trust model. Our mission is based upon the belief that families deserve a stable home, and communities with reliable housing are the strongest and most vibrant.

The Community Land Trust model (CLT) provides access to land and housing for people who are otherwise priced out of the housing market. Local families can rent or purchase homes on affordable terms and the land beneath the homes is then leased to the homeowners through a long-term, 99-year, renewable lease. VCLT ensures prices stay affordable.  When the homeowners decide to move, they can sell their homes to another qualified family. The resale formula is designed to give homeowners a fair return for their investment while keeping the price affordable for future low to moderate income families.