Community Land Trust
A Community Land Trust (CLT) is a nonprofit organization that helps communities gain control over land and housing. By purchasing and holding land, CLTs ensure that it remains affordable for local residents. This model allows people to buy homes at lower prices while keeping the land owned by the trust, which helps prevent displacement and maintains community stability.
CLTs often focus on creating diverse and inclusive neighborhoods. They work with local governments and organizations to develop housing, parks, and other community resources. This approach not only supports affordable housing but also fosters a sense of ownership and pride among residents, strengthening the overall community.