Sawmill Community Land Trust

The Sawmill Community Land Trust formed in 1996 to purchase and remediate 27 acres on the site of a former particleboard factory in an effort to preserve affordability for working families near downtown Albuquerque. Sawmill now manages 34 acres of reclaimed industrial land where it has constructed 93 affordable single-family ownership homes and three affordable rental apartment complexes complete with community gardens, playgrounds and a plaza. Additional affordable rental housing is planned, as are community-driven economic development projects and a few other projects on other sites. By separating the ownership of the buildings from the ownership of the land, the land trust makes it possible for homeowners and other residents to benefit from secure housing without the risk of rising costs of escalating land value. 

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