The organization is organized exclusively for charitable, religious, educational, and/or scientific purposes under Section 501(c)(3) of the Internal Revenue Code. Such purposes include promotion and facilitation of affordable housing for persons of low and moderate income in the City and Borough of Sitka and elsewhere in Southeast Alaska.
SCLT updates its Strategic Goals and Operating Plan bi-annually. Below is from the most recent update.
Community-Supported, Sustainable, Affordable Home Ownership
A Love of Sitka | Sustainable Community | Economic Vitality | Opportunity and Equity | A Giving Community
Long-Term Goal (2021)
At least fifteen CLT homes are affordably owned.
Vivid Description for long-term goal:
• CLT properties generate annual funding as part of a stable economic plan.
• SCDC is recognized as the Sitka Community Land Trust.
• SCLT has partnerships with local agencies, including CBS and BIHA.
• The SCLT will serve Sitkans at 120% of AMI and lower.