Community land trusts proposed as path to permanent affordability and local ownership
Presenters described CLTs as a way to retain land in public/nonprofit stewardship while selling improvements to homeowners with resale restrictions, creating permanent affordability and stability though limiting equity growth for owners and requiring upfront subsidy for each home.
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The presenter defined a community land trust (CLT) as a model that separates land ownership (retained by a nonprofit or public steward) from improvements (sold to a homeowner) and uses a ground lease or resale restriction to preserve long-term affordability. CLT homes are typically targeted in the 60–120% AMI range depending on local goals.
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