Portland’s Proud Ground land trust helps low-income families access homeownership. In 1999, community members and the city of Portland founded Proud Ground (formerly Portland Community Land Trust) to provide access to homeownership for low-income residents as housing prices skyrocketed in the Portland metro region. Since its founding, the land trust has served over 396 first-time homebuyers. The average Proud Ground homeowner is in a family of three, earning 61 percent of the annual median income; 60 percent are female-headed households; 59 percent are families with children; and 42 percent are households of color. To Proud Ground, a family is any configuration of people who make a house feel like a home. In the community land trust model, Proud Ground homeowners receive a fair return on their initial investment and agree to maintain that affordability for the next homebuyer. While still building wealth, the homeowners help future generations of homebuyers have access to affordable homes, like they did. Nationally, land trusts work: foreclosure rates are close to zero percent and seven in 10 homeowners go on to buy market-rate homes. Read more.