Northshore Housing Initiative Inc
Putting the dream of homeownership within reach | Northshore Land Trust | Northshore Housing Initiative Community Land Trust
NHI is a community land trust dedicated to permanently affordable work force housing in St. Tammany Parish Louisiana. NORTHSHORE HOUSING INITIATIVE (NHI) IS A COMMUNITY LAND TRUST, A COMMUNITY BASED ORGANIZATION COMMITTED TO THE PERMANENT STEWARDSHIP OF LAND AND THE LONG-TERM AFFORDABILITY OF WORKFORCE HOUSING. USING A SHARED EQUITY MODEL, NHI HELPS MODERATE-INCOME HOMEBUYERS PURCHASE A HOME BY INVESTING IN THE LAND. THE LAND IS LEASED TO THE HOMEBUYER BY THE TRUST WITH A LONG-TERM LEASE THAT INCLUDES A RESALE FORMULA TO ENSURE AFFORDABILITY IS PRESERVED FOR THE NEXT HOMEBUYER.
100131835
EIN
Covington, LA 70433 United States
Address
northshorelandtrust.org
Web
Northshore-Housing-Initiative-236909403185577
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What are the benefits of ownership through a Community Land Trust. We are the Northshore39s First Community Land Trust Find Your Dream Home Find Homes Find a Mortgage Lender Northshore Housing Initiative through its mortgagelending partners is expanding the options for attaining home ownership. The following mortgage lending partners offer shared equity mortgages utilizing the NHI land lease agreement. Community Land Trust Funders Through a generous grant from our Federal State and Local Partners we will leverage Public and Private funding to assist moderateincome families and individuals in becoming homeowners in St.
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