Elevation Community LandTrust and the City of Aurora arepartnering to create permanent affordable housing over the nextfive years for 50 families in Aurora living at or below 80% of themedian area income. For a family of four, that is an annual incomeof $74,240 or less.

Under the partnership, Elevation Community Land Trust willacquire and remodel homes that can be purchased by qualifyingAurora residents. Working with the city of Aurora, these houseswill remain affordable for generations.

Elevation Community Land Trust uses the scattered site model toprotect from gentrifying neighborhoods. It has already planned amix of single-family homes, condominiums and townhomes in thenorthwest part of the city.

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.