What's Happening?
The Kawasiwajo Community Land Trust has successfully acquired Foster Farm in Warner, New Hampshire, for $160,000, which is a quarter of its appraised value. This acquisition marks a significant milestone in the trust's mission to combine affordable housing
with farmland preservation. The purchase was facilitated by Andy Duncan, who initially bought the property with the intention of transferring it to the trust. The land trust plans to manage the property and eventually sell the house to an income-qualified buyer while maintaining a renewable 99-year lease on the surrounding land. This initiative is part of a broader effort to address the challenge of farmland loss in New Hampshire, which has seen a decline in agricultural land over the years. The project aims to demonstrate that separating land interests can maintain affordability and support agricultural use.
Why It's Important?
This development is crucial as it addresses two pressing issues: the need for affordable housing and the preservation of farmland. New Hampshire has experienced a significant decline in farmland, with projections indicating further losses if current development trends continue. By integrating housing and agricultural preservation, the Kawasiwajo Community Land Trust is setting a precedent for sustainable land use. This approach not only helps maintain the rural character of communities but also supports local food systems by preserving agricultural land. The project could serve as a model for other regions facing similar challenges, potentially influencing public policy and land use planning across the state and beyond.
What's Next?
The Kawasiwajo Community Land Trust plans to sell the house on Foster Farm to an income-qualified buyer by late fall, ensuring the property remains affordable. The trust will maintain a 99-year lease on the land to preserve its agricultural use. Additionally, the trust is forming a farmer advisory council to explore viable agricultural enterprises for the land. This initiative is part of a larger strategy to replicate similar projects across New Hampshire, aiming to balance housing needs with farmland preservation. The success of this project could encourage other communities to adopt similar models, potentially leading to changes in zoning laws and land use policies.
