December 2023

ISSUE 26

News Bites

COCLT Homes Sold

The COCLT has now completed and sold 85 homes since 2019. We are on our way to having over 100 homeowners in the next year.

Follow COCIC/COCLT on LinkedIn

COCIC/COCLT has an active LinkedIn page. Follow us to learn more about what we are doing and help spread the word about the work we do.

Welcome Home

Please join COCLT in welcoming homeowners who have recently closed

on their new homes.

Land Lease Refresher

Article 7.5: Prohibition of Liens

Article 7.5. Prohibition of Liens.

In some instances, you may enter into a contract with a contractor to do home improvements.

Per your COCLT Land Lease, the following guidelines are to be followed when working with contractors for home improvements:

Prohibition of Liens. No lien for services, labor or materials resulting from Homeowner’s construction shall attach to the title of the Land Trust to the Leased Land or to any other property owned by the Land Trust.

What is a Lien?

A lien is a claim against an asset such as your home that a contractor or other business can file legally if a contracting job or project remains unpaid by the homeowner. The lien against a home is used as collateral to satisfy that debt.

Liens on a property occur when a judgment is made against the property. More information can found on this topic using this LINK .

Another article that covers the details of a lien can be found using this LINK.

Homeowner Tips

Space Heaters

Portable electric space heaters are often used in bedrooms and other living spaces for added heat on those colder days. Here are some tips to properly use and care for your space heater.

Before using any space heater, read the manufacturer's instructions and warning labels carefully.

Plug space heaters directly into a wall outlet. Do not use an extension cord or power strip, which could result in a fire.

Place space heaters on level, flat surfaces. Never place heaters on tables, furniture, or carpet, which can overheat and start a fire.

Space heaters must be kept at least three feet away from anything that can burn including papers, clothing, and rugs.

Teach me How to Budget

Continuing to budget during the holidays is crucial to maintaining responsibility and fun for your household. Here are some tips to help keep a balanced budget.

Using pen and paper to write down all your expenses and income is one easy way to track your household budget. Start with your needs and then calculate your monthly income to see what discretionary funds you may have some of your wants.

The envelope system is another option to track your budget. Money is placed in separate marked envelopes for each household expense. If there is any money left over, you can put it towards savings or additional spending money.

Spreadsheets are an electronic way to track all your income and expenses. You can color code and highlight different categories and manage your household budget.

Packages and Porch Pirates

Holiday time means your home may become more of a target for package theft. Here are some ways to keep your packages safe at your doorstep.

Video doorbells are the eyes and ears of your front door. Different video doorbells include Ring, Google Nest, and many more. Some video door bells have the option to send specific package delivery alerts to your phone.

During out of town times, put your packages on hold until you return. Packages can be held at your local post office.

Amazon package deliveries can be sent to an Amazon locker hub. This allows for your packages to be securely held until you have a convenient time to pick them up.

Community Resource

Ohio Means Jobs

Are you considering obtaining more education or switching career paths to increase your household income? Ohio Means Jobs offers careers services programs and possible training opportunities.

To find out more about the services offered at Ohio Means Jobs, check out this LINK.

Quick Portal Links

Creating and Preserving Housing that is

Affordable for Homeowners Today and Tomorrow

Central Ohio

Community Land Trust

614.724.5263 | info@coclt.o rg

Keep in Touch

Let us know if your email or phone number changes.

Central Ohio Community Land Trust (COCLT) is a subsidiary of COCIC - Franklin County Land Bank.