Hart’s Mill Ecovillage and Farm is a planned intentional community in North Carolina that “embodies a world in which people live in justice and harmony with each other and the land.” It will utilize a limited-equity ownership model to preserve the long-term affordability of its homes and provide a farmer an affordable shared-equity ground lease on part of the property. Our 2019 loan will enable them to do some predevelopment work before finalizing construction plans and financing.
Equity Trust
eq' ui ty: 1. a financial interest in a property, 2. a moral principle of fairness
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