Limited equity housing
Term · Law · MLC-T-LAW-005378
A type of affordable housing where the resale price of a home is restricted to keep it affordable for future low-income buyers. This model aims to preserve affordability over the long term by limiting the amount of profit a homeowner can make upon selling. Such housing often involves community land trusts or other non-profit organizations.
| Identifier | MLC-T-LAW-005378 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-005378",
"term": "Limited equity housing",
"field": "Law",
"definition": "A type of affordable housing where the resale price of a home is restricted to keep it affordable for future low-income buyers. This model aims to preserve affordability over the long term by limiting the amount of profit a homeowner can make upon selling. Such housing often involves community land trusts or other non-profit organizations.",
"url": "https://mlchart.com/terminology/law/limited-equity-housing/"
}
Record 3,010 of 5,445 in Law terminology (MLC-0107). Request the full dataset.