Chapter 19 - Stewardship of Urban Real Estate for Long-Term Community Benefit: Profile of the Urban Land Conservancy in Denver, Colorado - Alan Gottlieb and Aaron Miripol
b'Established in 2003 with a service area encompassing an entire metropolitan area, the Urban Land Conservancy has become a major player on Denver\\u2019s real estate scene. An integral part of its success comes from the organization\\u2019s adoption of key features of the CLT, including permanent ownership of land, long-term ground leasing, and permanent affordability of housing and other buildings located on its land. More than most CLTs in the USA and elsewhere, ULC has taken advantage of the model\\u2019s versatility to move beyond homeownership \\u2013and beyond housing. ULC has supported the development of over 1000 units of multi-family rental housing, while also helping to develop 700,000 square feet of non-residential space for nonprofit partners. It has recently incubated the Elevation CLT, a new organization that (unlike ULC) will focus on the development and stewardship of resale-restricted owner-occupied housing.'