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6 <br />COMMUNITY LAND TRUST WORKING GROUP <br />COMMITTEES <br />1. Steering Committee <br />Co-Chairs: Mark Chilton, Alison Weiner <br />This committee would be responsible for providing oversight and coordination of all <br />committees. <br />2. Target Population and Housing Type Committee <br />Co-Chairs: <br />Sugqested Tasks <br />• Identify target income range of potential residents <br />• Identify potential sites <br />• Review scattered site land trust vs. central location <br />• Discuss if land trust would contain strictly homeownership opportunities or a <br />combination of homeownership and rental opportunities <br />• Discuss use of existing housing vs. constructing new housing <br />3. Legal Structure and Policy Committee <br />Co-Chairs: <br />Sugqested Tasks <br />• Review Community Land Trust Legal Manual <br />• Based on group discussion, draft a statement of organizational goals and purposes <br />• Draft corporate bylaws with guidance from an attorney <br />~ set up a workshop on drafting corporate bylaws, highlighting structural <br />options and where group decisions are required. <br />~ review model bylaws in Community Land Trust Legal manual <br />• Present draft bylaws to full working group and facilitate group discussion of key <br />issues <br />• Redraft bylaws until approved by the entire working group <br />• Draft Articles of Incorporation, working from model documents available from ICE <br />4. Finance and Acquisition Committee <br />Co-Chairs: <br />Sugqested Tasks <br />• Develop a list of potential financing sources for Community Land Trust homes in the <br />community <br />• Identify banks with commitments to local lending <br />