Lexington Community Land Trust Inc
P.O. Box 171
Lexington KY 40588
Contact Information
Nonprofit Lexington Community Land Trust Inc
Address P.O. Box 171
Lexington, KY 40588
Phone (859) 303-5223
Fax 859 303-5227
Contact Name Russ Barclay
Web and Social Media
Davis Park View, Lexington CLT's first rental homes
At A Glance
IRS Ruling Year 2013
Other ways to donate, support, or volunteer
LCLT is a membership organization governed by a democratically approved Board of Directors.  If you join us as a CLT Member, you can serve on Board Committees, elect and serve on the Board of Directors, vote on matters brought to the Membership at the Annual Membership Meeting. Members are also asked to either contribute a small amount as Membership dues or volunteer their time in lieu of monetary dues. 
Current membership dues are $10/individual; $25 for a household. Volunteer time will be recognized as payment for monetary dues, with each volunteer hour being worth $10 of dues.
In-kind donations of a web design help, duplex color printer, landscaping and other maintenance-related labor are appreciated greatly.
Donations are accepted by check and online at our website through secured processor PayPal. 
Financial Summary
Revenue vs Expenses - All Years
Expense Breakdown - Recent Year
Mission Statement

"Building a community, creating permanent affordability."

Lexington Community Land Trust (LCLT) was created as the solution to mitigate the disparate impact that the Newtown Pike Extension road project would create on the Davis Bottoms community. LCLT has been entrusted as the long-term steward of the 26-acre neighborhood to ensure that low-to-moderate income households have access to affordable housing and to create economic development opportunities for the neighborhood.

LCLT sells homes to income-qualified home buyers by reducing the purchase price through an infusion of one-time public/private affordability investments. LCLT retains ownership of the underlying land and the home buyer enters into a 99-year ground lease.

LCLT's model is a shared-equity homeownership model. LCLT and the home buyer agree to a limited-equity resale formula to ensure that the subsequent home buyers are able to purchase the home at an affordable purchase price. The household selling their home builds wealth through their portion of the increased home value plus the equity paid towards their mortgage principal. LCLT stewards the affordability investments in perpetuity to ensure that income-qualified households have always have access to opportunity.

Another important aspect of LCLT's model is that we are a community-led organization. At least 1/3 of our board is comprised of home owners and renters living in LCLT-developed housing. This ensures that the community provides leadership to LCLT's mission.  


Background Statement

Lexington Community Land Trust (LCLT) was incorporated by the Newtown Pike Extension (NPE) Project in 2008 firstly, to provide and manage, in perpetuity, permanently affordable homeownership and rental homes in the historically low-income Davis Bottom neighborhood. The community land trust model was chosen as the best means of providing permanently affordable housing and addressing residents’ concerns about gentrification. The approximately 100 quality, energy-efficient homes to be built will serve two purposes: (1) to provide replacement homes for original residents of the Davis Bottom neighborhood and (2) to increase Lexington’s stock of affordable housing. Lexington CLT will develop permanently affordable ownership homes in greater Lexington and Fayette County in future years.

The Davis Bottom neighborhood, long housing one of the lowest-income populations in Lexington, is disproportionately impacted by the adjacent NPE road project. The 26-acre portion of the Davis Bottom neighborhood known as the NPE Project’s Social Justice Mitigation Area is the area in which Lexington CLT will assume ownership of the land, excluding a six-acre city park. The Project has re-graded the entire tract of land to prevent flooding and has installed new infrastructure. In addition to new, permanently affordable housing, Lexington CLT will partner locally to build retail and non-profit spaces for organizations that will benefit the neighborhood.

Impact Statement

Fiscal Year 2019 Highlights

In the past year, LCLT has welcomed 9 new households to the Davis Park Neighborhood.  These units increase the total of Davis Park homeownership units to 14 homes.  Each of these households have purchased their new construction homes through the Land Trust permanently affordable home ownership model.  This shared-equity model ensures that the homes are affordable for future home buyers.   Additionally, in partnership with AU Associates, LCLT continues to offer 14 units of permanently affordable rental housing units to income-qualified households. 
LCLT welcomed Russ Barclay as the new Executive Director for the organization.  LCLT is very thankful for the leadership of our former Executive Director, Barbara Navin.  Barbara was instrumental in laying the foundation for the Land Trust model in Lexington and for working with multiple partners and the Davis Park community in beginning the Davis Park Redevelopment Project.  LCLT looks forward to the continued work of rebuilding the Davis Park neighborhood.
Fiscal Year 2020 Goals 
LCLT will complete Phase I of the Davis Park Redevelopment project.  In completing Phase I, LCLT will partner with 3 households in achieving their goals of homeownership.  This will bring the total of housing units to 16 permanently affordable ownership units and 14 permanently affordable rental units.
LCLT will refresh the Phase II Davis Park Neighborhood development plans to include the hopes and aspirations of the new community members and to adapt to shifts throughout Lexington over the course of the past 10 years.  A major and developing shift is the need for more affordable housing units for households of every income demographic particularly those households with lower income levels. 
LCLT will develop an empowerment program for households who currently rent yet aspire to achieve homeownership.  Program design will prepare households for homeownership through homeowner education and financial readiness. 
Needs Statement
As LCLT continues to develop as an organization, we seek to be attuned to the affordable housing needs in Fayette County, particularly in deep-rooted communities vulnerable to involuntary displacement due to gentrification.  We aspire for a community in which everyone benefits from community improvements and a community in which people have access to opportunities for affordable housing.
To help LCLT achieve this goal, we need to address the following needs:
1. Refresh Phase II Davis Park Redevelopment Plan and coalesce the finances and partnerships to complete the redevelopment of the neighborhood.
2. Develop a strategic plan to guide us into a broader and deeper impact throughout Fayette County.
3. Develop effective and permanently affordable housing programs to partner with neighborhoods and households vulnerable to involuntary displacement.
4. Develop partnerships with affordable housing developers in which LCLT stewards the affordability investments in perpetuity so that current and future households can have access to affordable housing.
Ongoing needs for LCLT will be land acquisition on which to develop affordable housing.  This is a area of growing concern for many Lexington-area affordable housing developers.  The cost of land has increased and will likely continue to increase as land resources become more scarce.   
CEO/Executive Director Statement Creating permanently affordable housing is such an important component of building neighborhoods with access to opportunity.  Lexington Community Land Trust is unique in this effort in that this is a resident-led and community-controlled organization seeking to effect positive change with our current and future neighbors.  
Service Categories
Secondary Organization Category Community Improvement, Capacity Building / Community & Neighbourhood Development
Tertiary Organization Category Housing, Shelter / Low-Income & Subsidized Rental Housing
Geographic Areas Served
Fayette County
Since our beginning, LCLT has been committed to redeveloping the Davis Park Neighborhood located along the Oliver Lewis Way near downtown Lexington.  Davis Park Neighborhood, formerly known as Davis Bottoms, has a long and rich history stretching back to the late 1800's. 
Impact Questions
GoalsHelpWhat is the organization aiming to accomplish? This is the organization's ultimate goal for intended impact.
Permanently Affordable Home: Lexington Community Land Trust will create high quality, affordable homes in Lexington and Fayette County for purchase and rent by individuals and families earning low-to-moderate incomes.  LCLT will also develop mixed-use commercial and residential buildings.  All initial development efforts will be located in Davis Park neighborhood. 
Strong Communities: LCLT will help strengthen the communities we serve by providing quality affordable homeownership and rental housing opportunities to people and by facilitating community control of land and over neighborhood development. 
Stewardship: LCLT will practice and teach stewardship by ensuring the permanent affordability of our homes through the responsible and sustainable use of public subsidies and land. 
StrategiesHelpWhat are the organization's strategies for its stated long-term goals?
Partnering with the Community: Engage Davis Park residents and Lexington neighbors through the model of "Ask, Align, and Act."  First, "Ask" for input and allow community's voice to guide our action.  Next, "Align" stakeholders around issues, solutions, and resources.  Then, "Act" on the plan driven by community voice.     
Real Estate Development: Develop durable, energy-efficient, affordable ownership and rental housing in partnership with local affordable housing developers and builders.  Developments efforts will be focused within geo-specific locales in order to effect change at a neighborhood level. 
Stewardship: Steward community's resources of affordability investments, affordable housing portfolio, and land to ensure quality affordable housing opportunities for current and future neighbors.
CapabilitiesHelpWhat are the organization’s capabilities for doing this? What resources, capacities, and connections support its progress towards long-term goals?
LCLT has developed that capacities to effectively partner with Davis Park residents throughout the spectrum of the neighborhood redevelopment phases.  Beginning with the initial processes for residents to determine the redevelopment plans for their neighborhood and then moving from transitional housing to permanent homes, LCLT has listened, guided, and offered technical expertise to residents and project partners to ensure a successful project.  
LCLT offers technical expertise of developing affordable housing, structuring initial land trust home sales, partnering land trust home resales, and stewarding long-term affordability investments.  
IndicatorsHelpHow will the organization know if it is making progress? What are the key qualitative and quantitative indicators against which the organization assesses its progress toward its intended impact?
Community Participation: LCLT tracks resident member participation in community engagement and planning events.  An outcome will be the Phase II Davis Park Redevelopment Plan.  As an example, 32 Davis Park residents recently attend a neighborhood park planning event.
Units of Housing: LCLT tracks the quantity of permanently affordable homes in the portfolio.  Currently, 14 rental units and 14 homeownership units are developed and occupied.
Energy Efficiency of Homes: All LCLT homes are tested for energy efficiency.  The average HERS rating for LCLT developed homes is 50.  The benefits of living in an affordable home are enhanced by energy efficiency that create affordable utility bills and environmental sustainability. 
Household Area Median Incomes: LCLT is committed to partnering with income-qualified individuals and families seeking affordable housing opportunities.  LCLT ownership units are developed for households earning less than 80% AMI and LCLT rental units are developed for households earning less than 50% AMI. 
Resident Satisfaction: LCLT maintains ongoing resident satisfaction conversations to inform future building material selections and processes.  As a community-controlled organization with resident representation on the Board, the resident satisfaction conversations are integrated into the organizational structure.
Phase II Davis Park Neighborhood Redevelopment indicators will include affordable housing and economic development indicators.
ProgressHelpWhat has and hasn’t been accomplished so far?
LCLT is nearing completion of Phase I Davis Park Neighborhood Redevelopment project.  We have developed 100% of the permanently affordable rental units (14 units) and 88% of the permanently affordable ownership units (14 of 16 homes).
LCLT is in process of refreshing Phase II Davis Park Neighborhood Redevelopment concepts and priorities to ensure that current residents give voice to their hopes and aspirations for their neighborhood.
LCLT is embarking on a organizational visioning process to inform a strategic plan that will guide LCLT into the future.  We will explore ways in which we can broaden and deepen our impact in the affordable housing and economic development sectors.   
Board Chair
Board Chair Norman Franklin
Company Affiliation Retired Lexington-Fayette County Urban League
Board Members
Michele BakerDavis Park ResidentVoting
Arthur CrosbyLexington Fair Housing CouncilVoting
Kenneth DemusDavis Park ResidentVoting
Larry ForesterBankingVoting
Norman FranklinRetiredVoting
Councilman Jake GibbsLexington Council 3rd DistrictVoting
Connie GodfreyAdult and Tenant ServicesVoting
Phil LogsdonLochnerVoting
Byron MitchellDavis Park ResidentVoting
Cassandra MooreDavis Park ResidentVoting
Godrey MorataDavis Park ResidentVoting
Carol ShanklinFederal Highway AdministrationVoting
Katie ThompsonDavis Park ResidentVoting
Joan WhitmanWhitman RealtorsVoting
Board Demographics - Ethnicity. Add number
Asian American/Pacific Islander 1
Caucasian 4
Hispanic/Latino 0
Native American/American Indian 0
Other 0 0
Board Demographics - Gender
Male 8
Female 6
Unspecified 0
Board Term Lengths 2
Board Term Limits 3
Board Meeting Attendance % 64%
Written Board Selection Criteria? Yes
Written Conflict of Interest Policy? Yes
Percentage Making Monetary Contributions 57%
Percentage Making In-Kind Contributions 100%
Constituency Includes Client Representation Yes
Number of Full Board Meetings Annually 12
Standing Committees
CEO Comments Board term lengths and term limits went into effect on June 2016 at the Annual Membership Meeting after the new Board was elected. At that point, the following will apply:

Terms of Directors

a. Terms of First Elected Directors. After the election of Directors at the first Annual Meeting following the first homeowners moving into their homes in the Southend Park Urban Village, each Director shall be assigned, by mutual agreement or by lot, to a one-year or two-year term. In each of the three categories of Representatives, two Directors shall be assigned a one-year term and the other Directors shall be assigned a two-year term.

b. Terms of Successor Directors. Except as otherwise provided in these Bylaws, each Director shall serve a full term of two years.

c. Commencement of Terms. The term of office of a regularly elected Director shall commence at the adjournment of the Annual Membership Meeting in which he or she is elected. The term of office of a Director elected by the Board to fill a vacancy shall begin at the time of his or her acceptance of the position.

d. Reelection. No person shall serve as a Director for more than three consecutive elected terms. After a two-year absence from the Board, however, a person who has served three consecutive elected terms may return to the Board, if reelected, and may serve up to three consecutive elected terms.

CEO/Executive Director
Executive Director Russ Barclay
Term Start Dec 2018
Email rbarclay@lexingtonclt.org


“Professionally, my objective is to participate in transformative community development the benefits individuals, families, and communities for generations to come by experiencing dignity, power, and beauty thru home.”

Currently, Russ Barclay serves as the Executive Director for Lexington Community Land Trust. LCLT’s mission “Building a community, creating permanent affordability” is on display as we work to redevelop the 26-acre Davis Park Neighborhood located along Oliver Lewis Parkway. We invite you to join us for neighborhood tours and to watch for future residential, commercial, community, and park development work in the Davis Park community.

Prior to joining LCLT, Russ served as the Executive Director for Habitat for Humanity of Madison & Clark Counties from Aug 2016 – Nov 2018. This role brought things full circle with Habitat from Russ’ first introduction to the importance of affordable housing while serving as an AmeriCorps volunteer and staff member with Metro Jackson (MS) HFH starting 20 years ago.

The largest portion of Russ’ career has been spent serving the mission of Urban Homeworks, a non-profit community development organization in Minneapolis, MN. While at Urban Homeworks, Russ directed nearly $9M in Neighborhood Stabilization funding to create 129 affordable rental and homeownership units. They were able to do so in a manner that created economic development opportunities for the local community thru strategic partnership with local contractors and thru construction skills training programs.

Along the way, Russ has built relationships that introduced him to beautiful and resilient neighbors and communities that have been historically undervalued and disinvested. These relationships have inspired and compelled Russ towards innovative community development that celebrates, develops, and builds upon individuals’ and communities’ dignity, assets, and aspirations. As a practitioner and proponent for dignified, healthy, energy-efficient, and affordable housing, Russ is an enthusiastic believer that the power of home and community can transform people’s lives and communities for the better. Russ and his family know this to be true as their first home was a Community Land Trust home.

Full Time Staff 2
Part Time Staff 0
Volunteers 2
Contractors 1
Retention Rate 50%
Management Reports to Board? Yes
Staff Demographics - Ethnicity
African American/Black 0
Asian American/Pacific Islander 0
Caucasian 2
Hispanic/Latino 0
Native American/American Indian 0
Staff Demographics - Gender
Male 2
Female 0
Unspecified 0
Former CEOs
Barbara NavinJune 2011 - Sept 2018
Senior Staff
Title Director of Homeownership
Formal Evaluations
CEO Formal Evaluation Yes
CEO/Executive Formal Evaluation Frequency Annually
Senior Management Formal Evaluation N/A
Senior Management Formal Evaluation Frequency N/A
NonManagement Formal Evaluation Yes
Non Management Formal Evaluation Frequency Annually

Lexington CLT’s homeownership program targets Fayette County residents of low to moderate income. All qualified applicants:

· Complete a HUD-certified home buyer training course

· Meet income and asset limitations and be mortgage ready

· Attend an LCLT Orientation, explaining the LCLT Land Lease and the resale formula

Qualified applicants may contract to buy a CLT home, or enter a first-come, first-served prioritized waitlist to buy later. Applicants who have not purchased within six months may recertify.

At closing, homebuyers sign a 99-year, renewable Land Lease, which is recorded. The Land Lease contains the resale formula, which governs the amount for which the home can be sold in the future. LCLT is a membership-based organization. All homeowners are automatic members of LCLT. Homeowners and renters elect the Board of Directors, may serve on Board Committees, and after one year as a LCLT owner, may be nominated as a candidate for a member of the LCLT Board of Directors. 

Category Housing, General/Other Affordable Housing
Population Served Families

Lexington CLT’s rental program is managed by AU Management, a subsidiary of our Davis Park View LLLP partner, AU Associates. Currently AU Management accepts and processes rental applications for Davis Park View. The income limit for Davis Park View is 60% of Fayette County’s Area Median Income adjusted by household size. Davis Park View is comprised of fourteen low-income housing tax credit units in six buildings: one three bedroom single-family Cottage, one four bedroom single-family Bungalow, eight two-bedroom Fourplex apartments, and four two-bedroom Townhome apartments. AU Management accepts preliminary information from interested households for waitlist purposes.

LCLT is a membership-based organization. All renters are automatic members of LCLT, elect the Board of Directors, may serve on Board Committees, and, after one year as renters with LCLT, may be nominated to serve on the LCLT Board of Directors.

Category Housing, General/Other Affordable Housing
Program Comments
CEO Comments Creating and sustaining high-impact affordable housing programs requires a tremendous amount of collaborations.  LCLT is grateful for the partnerships that plan, develop, build, prepare, lend, property manage, and fund this important work.  Thank you!
Plans & Policies
Organization has a Fundraising Plan? Yes
Organization has a Strategic Plan? No
Management Succession Plan? No
Organization Policy and Procedures Yes
Nondiscrimination Policy No
Whistleblower Policy No
Document Destruction Policy No
Directors and Officers Insurance Policy Yes
LCLT is currently collaborating with the Federal Highway Administration, Kentucky Transportation Cabinet, and LFUCG is the Newtown Pike Extension Project.  The Davis Park Neighborhood Redevelopment project is the mitigation portion of this collaboration.
LCLT also collaborates with R.E.A.C.H. in preparing LCLT home buyers for homeownership.  R.E.A.C.H. provides the required homeownership readiness training.
Chamber of Commerce2019
Kentucky Nonprofit Network2013
Affiliate/Chapter of National Organization (i.e. Girl Scouts of the USA, American Red Cross, etc.) - Affiliate/Chapter2011
Revenue vs Expenses - All Years
Expense Breakdown - Recent Year
Fiscal Year
Fiscal Year Start July 01, 2019
Fiscal Year End June 30, 2020
Projected Revenue $340,965.00
Projected Expenses $209,735.00
Detailed Financials
Revenue SourcesHelpThe financial analysis involves a comparison of the IRS Form 990 and the audit report (when available). Revenue from foundations and corporations may be included in individual contributions when not itemized separately.
Fiscal Year201720162015
Foundation and
Corporation Contributions
Government Contributions$250,000$250,000$250,000
Individual Contributions$1,780$137,422$18,560
Investment Income, Net of Losses$4,747$5,261$4,659
Membership Dues$0$0--
Special Events$0$0--
Revenue In-Kind$0$0--
Expense Allocation
Fiscal Year201720162015
Program Expense$148,465$239,144$145,554
Administration Expense$55,699$49,384$48,364
Fundraising Expense$0$0--
Payments to Affiliates------
Total Revenue/Total Expenses1.321.391.43
Program Expense/Total Expenses73%83%75%
Fundraising Expense/Contributed Revenue------
Assets and Liabilities
Fiscal Year201720162015
Total Assets$1,792,043$2,216,197$1,237,795
Current Assets$1,186,368$1,603,874$761,717
Long-Term Liabilities$101,460$591,151--
Current Liabilities$253,124$253,330$3,969
Total Net Assets$1,437,459$1,371,716$1,233,826
Capital Campaign
Currently in a Capital Campaign? No
Capital Campaign Anticipated in Next 5 Years? No
State Registration Yes
Address P.O. Box 171
Lexington, KY 40588
Primary Phone 859 303-5223
CEO/Executive Director Russ Barclay
Board Chair Norman Franklin
Board Chair Company Affiliation Retired Lexington-Fayette County Urban League