Mill Valley has taken a critical step toward expanding affordable housing by awarding funding to the Mt. Tam Community Land Trust (Mt. Tam CLT), supporting efforts to identify and pursue community-led housing solutions.

As reported by Enjoy Mill Valley, the city’s financial commitment will enable Mt. Tam CLT to explore opportunities for acquiring properties and developing affordable homes that remain permanently accessible to local residents. This collaboration highlights the power of the land trust model, where housing is preserved as a community asset rather than subjected to speculative market forces.

The article notes:
“Mill Valley’s contribution reflects the city’s recognition that local partnerships are essential to creating sustainable solutions to the area’s affordable housing crisis. The funding will help Mt. Tam Community Land Trust advance its mission of acquiring and stewarding properties for long-term community benefit.”

For Mt. Tam CLT, this funding represents a milestone in the effort to foster inclusive, stable neighborhoods in Mill Valley and across Marin County. Community land trusts offer a proven pathway for ensuring that housing remains affordable not just today, but for generations to come.

Article:
Mill Valley Offers Funding for Mt. Tam Community Land Trust

https://enjoymillvalley.com/marin-ij-mill-valley-offers-funding-for-the-mt-tam-community-land-trust-to-address-affordable-housing-possibilities/