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The Changing Ground Project is a pilot housing and community development initiative that builds community wealth for property owners while creating opportunities for investors through land readjustment. The objective is to transform low-density areas into economically stronger, more prosperous mixed-use neighborhoods to the benefit of the community.     

CASE STUDY - VILLAGE OF SILVERTON, OHIO

"The trouble with land is that they're not making it anymore." - Will Rogers

Land Readjustment refers to  a physical redevelopment of property, where existing property owners are not displaced, but retain ownership in the future development in a new, more valuable physical format.

It can be a powerful urban development tool addressing a range of issues, from income inequality to environmental sustainability.   

HOMEOWNERS SECURE:

  • New home at no cost

  • Permanent shareholders in ground lease 

  • Signing bonuses

INVESTORS GAIN:

 

  • Assembled land

  • "No-fee"ground lease agreement 

  • 100% title on new commercial buildings

MUNIPALITIES RECIEVE:

 

  • Added public revenue 

  • Comprehensive planning

  • Stronger local economy​​

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PHILANTHROPIC PARTNERS

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