A Community Land Trust (CLT) is a nonprofit organization that holds land in trust on behalf of the community, with the goal of ensuring permanently affordable housing and long-term stability.
CLTs do this by retaining ownership of the land to center long-term community stewardship of our neighborhoods, and the housing on top of that land is stewarded by the residents. Community ownership of the land ensures community interests in affordability, protection from the ups and downs of the market, and the use of the space for things that people really want and need. Resident ownership of buildings or homes ensures residents are able to access long-term security, wealth building, and inheritance rights.
The homes and land are connected by a 99-year renewable “Ground Lease” which ensures that exclusive use of the land, continued affordability and stewardship are built in.
This structure guarantees that homes remain community assets and stay affordable over time, even when they’re resold.
What makes Community Land Trusts special?
Community Stewardship
CLT members elect the Board of Directors, which is made up of residents, community members, and public interest representatives. This 3-part board structure helps guarantee that decisions reflect the needs of the broader community, empowering members to guide the long-term use, care, and development of land and housing in their neighborhoods.
Permanent Affordability
CLTs keep housing affordable over time by keeping the land in community ownership. Homes on CLT land stay affordable for future residents through resale guidelines that balance equity building for current residents while ensuring prices stay within reach for others.
Shared Equity and Wealth Building
CLTs use a shared equity model that enables residents to build some wealth through stable homeownership while keeping homes affordable for future residents. Lower housing costs means income can be used for other priorities. This approach balances individual asset-building with community stewardship, creating long-term housing opportunities across generations.
Long-term Stability and Support
CLTs provide not only a more affordable option for housing, but also a collective one. Residents have a community upon which they can rely on, with access to CLT staff for guidance, as well as resources for emergencies, financial coaching, and repair assistance. Because stewardship is grounded in relationships, CLTs work to create deeper systems of support for residents, working proactively to prevent displacement and ensure residents are able to thrive in their homes.
