‘CLTs achieve a delicate balance of providing families with the opportunities of homeownership, like building equity and providing stability, while also protecting public resources in perpetuity.’
‘The city is embracing and supporting this radical model that will allow community members to control their own neighborhoods, prevent speculation, incubate community-owned businesses, and keep housing permanently affordable to…
The city will distribute a $1.65 million grant from Enterprise Community Partners to three community land trusts and to fund a technical assistance program to assist many new ones.
A new documentary looks at the rise, fall and rebirth of Georgia’s New Communities, Inc., which aimed to empower Black sharecroppers in the 1960s but might offer lessons for urban…
Energized that the city is expressing interest in the model of community-based, nonprofit ownership of land for affordable housing and other uses, groups who back the approach are trying to…
Un fideicomiso inmobiliario comunitario (en inglés “community land trust”, o CLT) es un modelo de propiedad sin fines de lucro en el que una junta comunitaria administra el uso del…
Responding to advocates who believe the trusts can ensure that today’s public investments deliver long-term affordability, HPD is seeking expressions of interest from non-profit groups.
While other hurdles to community land trusts remain, the bid by Queens Councilmember Donovan Richards would nudge open the door to an approach used in several other states.
The de Blasio administration has shown openness to community land trusts but organizations, not the city, are taking the boldest steps toward trying what backers say offers the best chance…