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. They often sell homes on this land at lower prices, allowing families to buy homes without the burden of high land costs. This model promotes long-term stability and prevents displacement in neighborhoods.
CLTs empower communities by involving residents in decision-making processes. They often focus on creating diverse, inclusive neighborhoods where everyone can thrive. By prioritizing community needs over profit, CLTs help maintain the character of neighborhoods and support local development.