Changes at Homestead CLT
This is a guest post from Homestead Community Land Trust.
It is with a mix of gratitude and hope that we share the news that, after 15 years at the helm, Homestead Community Land Trust’s long-time Executive Director, Sheldon Cooper, is stepping down and moving on.
Sheldon played an essential role in taking Homestead from a glimmer in the eye of a group of community activists, in the early 1990’s, to the thriving organization it is today. Under Sheldon’s dedicated leadership Homestead partnered with 186 modest-income households to help them achieve their dreams of homeownership. Building up this stock of permanently affordable homes in the Seattle area lays a strong foundation for thousands more families to achieve their dreams in the coming years. These are not just homes but, in Sheldon’s words, “launch pads for dreams,” enriching the Seattle community as a whole.
“I bought my condo in 2008. From the very beginning, Sheldon was there all the way. Always ready to help, listen and guide the process along. He even went to my signing. He was great…always positive and smiling. My home buying experience was a very positive and pleasant experience because of Sheldon.”
Tom Carlisle, Homestead Homeowner
Sheldon oversaw the investment of over $15MM of public and private subsidy in this portfolio of permanently affordable homes, a legacy that will increase in value to over $500MM as these homes continue to facilitate affordable ownership opportunities for many, many years to come. More recently, he led Homestead through the foreclosure crisis, creating Homestead Rebuilding Communities, an acquisition and rehab program. This program transforms distressed properties into high-quality, permanently affordable, owner-occupied homes, and generated an additional $15MM in economic activity during the downturn.
The Board of Delegates, staff, and others in the Homestead community are so grateful to Sheldon for his commitment and contributions to Homestead and to Seattle, and will continue in his tradition of community service with great passion and purpose. With Sheldon’s departure, Homestead will welcome Interim Executive Director Kathleen Hosfeld on board. Kathleen brings to Homestead over two decades of experience with for-profit and non-profit organizations on strategic planning, and organizational change.