What is a Community Land Trust?

CLTs support permanently affordable housing by adding a safeguard against sudden price spikes. As well, by permanently removing land from the speculative market, they remove the cost of land from housing, making it more affordable.

CLTs can acquire and develop non-housing spaces as well like parks, gardens, forests, community centers, and commercial spaces for businesses that benefit the community.

A CLT can require the use of environmentally sound materials and practices in development projects, having a positive effect on local environmental resources such as forests and local waste disposal.

CLTs help prevent private party subsidy and investment extraction by ensuring subsidies and investments always go toward land, which in a CLT will never be resold to make a profit.