WHO WE ARE:
Rondo Community Land Trust (CLT) serves the City of St. Paul and Suburban Ramsey County. Rondo CLT is named after Rondo Avenue, a main commercial corridor that was renamed Concordia Avenue during the construction of Interstate 94. The construction dislocated many long-term residents and fractured the predominantly African American Rondo neighborhood. The mission of Rondo CLT is to strengthen and preserve communities by providing and advocating for permanently affordable, sustainable housing for families and individuals with low to moderate incomes; to promote the utilization of the land trust model as a method of preserving affordable housing and economic growth and neighborhood stabilization; and support and celebrate cultural diversity by providing affordable business opportunities to increase community economic wealth, property values and jobs. We accomplish this by exploring various development methods, remaining flexible in our revitalization approaches, and working within priorities set by the community.
WHAT WE DO:
Rondo CLT manages a diverse set of projects, continuously adjusting to market situations and demands. All our programs strive to benefit those typically disenfranchised in our community. Some of our current major programs include The Selby Milton Victoria Project and Homebuyer Initiated Program (HIP).
SELBY MILTON VICTORIA PROJECT
Rondo CLT (Rondo) and its partner, Trellis Co., formerly Community Housing Development Corporation, developed two mixed-use commercial/residential buildings. This is the first commercial land trust in the Twin Cities.
These buildings provide long-term affordable commercial space for small, local and minority owned businesses along with affordable senior housing. The buildings are located on two long-vacant parcels of land at Selby & Victoria and Milton & Selby. There are 34 apartments on the upper two floors and approximately 9,300 square feet of commercial space. The commercial portion is not ‘incubator’ space; the businesses will be able to remain in place long-term. Using a commercial land trust model provides a check on rising expenses and ensures a level of affordability that gives the commercial tenant’s time to thrive and grow. Additionally, the senior housing is designed to serve households with incomes between 30% and 60% of area median income, and provides them a long-term and supportive housing option that ensures both their stability and prosperity.
HOMEBUYER INITIATED PROGRAM
The Homebuyer Initiated Program (HIP) is a homeownership program through which Rondo CLT assists income-qualified households purchase and fix up homes. Families participating in HIP receive two grants. The first grant, a Buy Down Grant, is available for purchase price and write-down assistance. The second grant, the HIP Rehab Grant, is made available to ensure that homes purchased through HIP are structurally safe and sound. The rehab grant provides funds to pay for things like electrical and plumbing updates, a new roof, furnace, windows, or doors, lead abatement, and insulation updates.