The Hannibal Square Community Land Trust was established as a 501(c) 3 not-for-profit, member-based corporation in Winter Park, Florida in November 2004. Dedicated to creating and preserving the quality and affordability of housing within Winter Park and other Central Florida communities, we provide opportunities for low, very low and moderate-income families to secure housing that is controlled by the residents on a long-term basis.
To achieve its goals, the Land Trust obtains real property which it then leases to qualified buyers on a 99-year ground lease. The buyer is able to buy a home, removing the often-prohibitive cost of the land from the equation. This creative approach to home ownership is modeled on the nationally successful land trust movement, an increasingly popular way to ensure that communities maintain a diverse mix of housing opportunities.
