Board of Trustees
As we move further into property acquisition and property management, and start evaluating future development projects, we are looking for board members with the capacity to support increasingly complex legal, financial, operational and community/partnership-building activities. To provide strong and equitable opportunities to everyone in our community we also seek board members who are able to bring their lived and or working experience in BIPOC communities to guide our work.
A strong board is the key to preserving the long-term affordability of our existing properties, and building our expertise so we can develop and construct new housing to meet the challenges of our region’s inadequate supply of affordable homeownership opportunities.
Board Details
Like most CLTs, our bylaws require a democratically selected “tripartite” board. In 2021 we increased board size from 9 to 12. All trustees are elected by members. The three categories are:
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Lessee Trustees: at least one-third of trustees must be lessees (homeowners) of the trust, once there are enough lessees for this to be feasible. Until then, there must be other individuals representative of low-income population and needs.
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Public Trustees: one third are Public Trustees, nominated by the board to bridge to important community capacities and perspectives
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General Trustees: the final third of trustees must be other members of THLT.
While we have slowly increased our paid staff time (to a full-time Executive Director position in mid-2024) our hard-working board still strongly supports both the planning and execution of our programs and projects. It is an ideal place for those who are passionate about affordable homeownership to deploy skills and experience to help move the housing needle and make a difference in our community.