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A community land trust or (CLT) is a nonprofit corporation that holds land on behalf of a place-based community, while serving as the long-term steward for affordable housing, community gardens, civic buildings, commercial spaces and other community assets on behalf of a community.
In the United States, the land owned by the United States government and held in trust for Native American tribes and individuals is sometimes referred to as a land trust. In Australia, Aboriginal land trusts are a type of non-profit organisation that holds the freehold title to an area of land on behalf of a community of Aboriginal and/or ...
The community land trust model already has begun expanding across St. Lucie County, Tasca said. She pointed to Habitat for Humanity of St. Lucie County, which recently adopted it for the homes it ...
A typical community land trust strategy is to hold ownership over the land and sell the structural improvements (residential or other buildings) to low-income homebuyers. This allows people to buy a home at a price far below the market rate and to realize the benefits of their property value improving.
At left, a single-family home on St. Louis Boulevard was the first sold through the community land trust established by the Northeast Neighborhood Revitalization Organization. Appraised at ...
Kulshan Community Land Trust’s primary focus is to develop permanently affordable homes for first-time home buyers in Whatcom County by leveraging state, federal and local funding to support the ...
Douglass Community Land Trust; F. Forest Legacy Program; G. Grand Traverse Regional Land Conservancy; H. Hawaii Land Trust; K. Kennebec Estuary Land Trust; L. Land ...
Independence Heights is a community in Houston, Texas, bordered by 40th Street to the north, Yale Street to the west, the 610 Loop to the south, and Airline Drive to the east. [1] The Super Neighborhood boundary created by the City of Houston is bordered by Tidwell to the north, Shepherd Drive to the west, the 610 Loop to the south, and ...