We are a team of dedicated volunteer residents and advocates, committed to the creation of stable and affordable housing in Bloomington-Normal.
History of Bloomington-Normal Community Land Trust
July 2023- Established organization
November 2023- Established Bylaws
June 2024- Adopted Two-Year Business Plan
September 2024- Launched Website www.blonoclt.org
October 2024- Established Charitable Organization Status with the IL Attorney General Office
December 2024- Approved Fiscal Year 2025 Budget
January 2025- Received official 501(c)(3) Status from the IRS
February 2025- First lender secured for the first set of homes
March 2025- Fundraising campaign started
GOALS
Short (2-3 years): BNCLT’s short term goal over the next 2-3 years is to establish the structure of the Community Land Trust (CLT), increase community exposure and education of the CLT, identify and secure funding resources, and acquire and rehabilitate its first single-family property. BNCLT will identify data, research and resources that result from the Community Land Trust Force Act established through SB 2037 signed into Illinois law on June 30, 2023.
Intermediate (5-10 years): BNCLT’s Board of Directors will have equal representation between the officers, community organizations/institutions and lessees/renters and will have all board vacancies filled. BNCLT will hire a part-time assistant as the Executive Director.
Long (10+ years): BNCLT will acquire single-family homes and multi-family homes for the purpose of maintaining perpetual affordability for lessees and renters. BNCLT will possess full-staff capacity.
