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MassDevelopment and consultant begin exploratory work on community land trust for Revere
Summary
MassDevelopment's Transformative Development Initiative (TDI) and consultant Harry Smith presented an exploratory plan to evaluate whether a community land trust (CLT) could help preserve and create affordable homeownership in Revere; the Trust agreed to engage in a planning process over the summer.
MassDevelopment representatives and a CLT consultant briefed the Revere Affordable Housing Trust on May 14 about an exploratory process to assess whether a community land trust (CLT) could be an effective tool in Revere.
Laura Christopher, representing MassDevelopment’s Transformative Development Initiative (TDI), introduced the agency’s three‑year commitment to the Shirley Avenue neighborhood and described TDI’s technical assistance offer. "TDI is here to help with sort of any of the strategies that pop out to you guys. But we're really here to talk CLT tonight," she…
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