Community Land Trusts

About

A Community Land Trust (CLT) is a nonprofit organization that holds land for the benefit of a community, focusing on affordable housing and community development. CLTs separate land ownership from building ownership, allowing residents to purchase homes while the trust retains the land. This model ensures long-term affordability by using ground leases that limit resale prices, making housing accessible to low- and moderate-income families. CLTs are democratic, with community members having a significant role in governance, ensuring that decisions align with community needs. CLTs can be used for various purposes beyond housing, such as community gardens, public spaces, and local businesses. They promote community control and stability, reducing the impact of market pressures. By maintaining affordability, CLTs help build wealth for residents and support generational wealth transfer. This model is increasingly recognized globally as a viable solution for addressing housing affordability and community development challenges.