Publication
Apr 10, 2019
Community Land Trusts (CLTs) are nonprofit, community-based organizations that steward land for specific community purposes. They are used to expand and preserve low- and moderate-cost housing, sustain commercial and civic assets, and foster neighborhood engagement through stewardship of the land. Although typically used as an approach for shared equity homeownership, CLTs can also stabilize housing access, increase affordability, revitalize properties in disinvested communities, and enable renters to participate in community governance processes.