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Introducing Community Land Trusts

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Presentation on theme: "Introducing Community Land Trusts"— Presentation transcript:

1 Introducing Community Land Trusts

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4 Location, Location, Location

5 How a Community Land Trust Works
Creates 501(c)3 organization Builds board - ⅔ of board made up of residents experiencing problem Acquires Land For West Side CLT, 28208, 28214, 28216, 28217 Builds or Renovates Housing Sells Housing with 99-year renewable Ground Lease

6 Why a Community Land Trust Works
Creates local control for local solutions to local problems Builds the possibility of equitable development Permanent holding of land prevents speculation/disinvestment cycles Fixed equity in housing Creates authentically diverse neighborhoods

7 West Side Community Land Trust
Formed December 2016 Made up of neighbors from affected neighborhoods, plus others Membership organization - you can join! westsideclt.org


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