PolicyLink Logo
PolicyLink Logo
Equitable Development Toolkit
Equitable Development Toolkit
Community Land Trusts
What Is It?
Why Use It
How To Use It
Financing
Keys to Success
Challenges
Policy
Tool in Action
Resources

A community land trust (CLT) is a private, nonprofit corporation created to provide secure, affordable access to land and housing for community members. In particular, CLTs attempt to meet the needs of those least served by the prevailing market. Community land trusts help communities to:

Community land trusts are distinguished from other nonprofit housing and organizations in two ways: (1) how they separate the ownership of land and housing, and (2) how they are structured and controlled.  These two distinctive features contribute to the effectiveness of the CLT model as a tool for dealing with the problems of gentrification.

Ownership of Land and Housing

The CLT's distinctive approach to ownership involves permanent CLT ownership of land. It is usually leased to low- and moderate-income households. The land may also be used for affordable rental housing and other purposes. 

Organizational Structure

CLTs create a pool of permanently affordable owner-occupied housing in gentrifying communities where the cost of housing is otherwise being driven beyond the means of local residents.

The organizational structure of the CLT involves an open membership. It includes both residents who occupy CLT housing and other local residents who have an interest in the CLT's activities (as neighbors, as potential future occupants of CLT homes, or as citizens concerned with the availability of affordable housing in the community). 

The CLT is a balanced vehicle for local residents who want to gain greater control over local land use and development.

next page ...(Why Use It?)

 

If you have any problems using our website, please let us know at webmaster@policylink.org.