CLT Buying 3 Remaining Twinhomes in Maple Hills

February 9, 2007

The Cannon River Community Land Trust (CLT) has worked out a purchase agreement with the Northfield Housing and Redevelopment Authority (HRA) to purchase the last three remaining twinhomes in the Maple Hills development.  Previously the CLT had been purchasing the homes as it found buyers.  The goal in having the CLT purchase the remaining twinhomes is complete the development from the HRA’s perspective, which will allow the HRA to focus its full attention to other housing issues in Northfield.  The move allows the CLT to keep the homes in the land trust program while it continues to market them.