The Community Land Trust (CLT)

A Community Land Trust (CLT) is a nonprofit organization that owns land and ensures it’s used to benefit the community. They sell or lease homes on this land at affordable prices, while retaining ownership of the land itself. This model helps keep housing stable and affordable, preventing market-driven price increases and speculation. Residents own their homes but lease the land from the CLT, giving them security and community control. CLTs also support local development, promote social equity, and maintain long-term affordability, making them a valuable tool for community-led housing solutions.