Our vision is a city without homelessness and housing insecurity, where everyone has a great place to live at a price they can afford. A Community Land Trust (CLT) is a versatile tool to help reach this goal.
There are over 200 affordable housing CLTs in the United States, and hundreds more around the world. CLTs are similar to other affordable housing programs, but a CLT is forever. Unlike other types of affordable housing programs, once a parcel of real estate is involved with a CLT, it is forever reserved for the public benefit and can never re-enter the for-profit market. For decades, CLTs have ensured housing is set aside for low income homeowners and renters alike, and will continue to do so in perpetuity.
The CLT model was originally developed for home ownership, but the model is extremely adaptable and has been used in many different settings to reserve real estate as affordable housing, forever.