News / Updates

November 28, 2023

Trillium Incorporates as Nonprofit

Trillium Officially Incorporates with NY Department of State as a nonprofit.

September 5, 2023

Trillium Joins CLT Training Cohort

Trillium Accepted into Enterprise CLT Training Network

July 10, 2023

Trillium Holds Stakeholder Engagement Meetings

Trillium Holds Two Initial Stakeholder Meetings

May 15, 2023

Trillium Wins Grant for Community Controlled Housing

Trillium CLT wins a grant from NYS Office of Homes and Community Renewal

April 1, 2023

Trillium Receives First Grant

Trillium CLT receives a Grant for New Nonprofits from Berkshire Taconic Community Foundation.

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Both rental homes and homes for purchase are in short supply in Columbia County.

The lack of quality, obtainable housing destabilizes households and displaces residents.

Cost Burden

Over 40% of Columbia County renters are cost-burdened, spending over 30% of their income on housing (2015-2019 CHAS).

Skyrocketing Prices

The median housing sale price surged by 99% in the past five years, increasing from $234,000 in Q3 2018 to $465,000 in Q3 2023 (New York State Association of Realtors)

Homeownership is Unobtainable

There is a $287,000 gap between the median sales price for a house and the mortgage the median worker in Columbia County can afford (Pattern for Progress, Out of Reach Report 2023).

Inventory Shortage

There is an extremely limited supply of non-luxury housing to rent or buy.

Inclusive Opportunities

Offers homeownership opportunities to historically excluded households

Affordability

Ensures housing remains permanently affordable for future households

Support for Homeowners

Provides resources and support for homeowners, reducing chances of mortgage default

Community Uplift

Contributes to neighborhood stability by supporting lower-income community members

Efficient Use of Resources

Recycles public subsidies and private donations to help more households

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