Barnes Fund brings on partner for land trust

The Barnes Housing Trust Fund, a grant program within the Nashville Mayor’s Office of Housing, will partner with local nonprofit organization The Housing Fund to create the city’s first community land trust, an entity designed to own the land under affordable housing units.

The land trust model can cap resale prices for housing on its land in order “to combat displacement and preserve affordability in neighborhoods in transition,” according to a release from Mayor Megan Barry’s office.