Annual General Meeting
MACLL will hold its AGM in October (date TBC). We are seeking new members who can help carry our important vision forward. Please register your interest in attending by emailing info@macll.org.au.
What is Mount Alexander Community Land Ltd?
MACLL is a not-for-profit Community Land Trust. With low income earners and health care card holders in mind, the organisation was established in 2009 by residents of Mount Alexander Shire, in Central Victoria. Its purpose is to acquire land and provide a range of secure and perpetually affordable housing, for sale or long term rental. MACLL enjoys the support of the Mount Alexander Shire Council.
How?
Separating the ownership of land from the ownership of the house enables low income households to purchase a home without the associated land costs. While you own your own house, ownership of the land remains with MACLL in perpetuity. The land component is leased with applicants signing a Ground Lease. Tenants and owners enter agreements regarding the future sale or transfer of the house so that it remains affordable for subsequent buyers or renters. Generally, homes will be sold back to MACLL in order to provide assistance to another client.
MACLL will implement its vision by securing grant money offered by Governments, philanthropic and charitable organisations, as well as accepting donations - and investment - of money, land and houses from business and community members.
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