What is MWCLT?
Maggie Walker Community Land Trust
MWCLT is a 501(c)3 non profit organization whose mission is to foster the equitable stewardship of land in the Richmond, VA region. MWCLT was formed in 2016 to provide high-quality homes available for purchase to low and moderate income households.
MWCLT sells homes but retains ownership of the land, reducing the initial sales price. Upon resale, the owner agrees to limit sales price to the next buyer, guaranteeing the home remains affordable for generation.
In 2018, MWCLT began operating as the land bank for the City of Richmond. In this role, MWCLT will help transform neglected properties into community assets.
MWCLT is governed by a volunteer board of directors comprised of MWCLT homeowners, community representatives, and affordable housing experts.