How do they work and why do they matter?
Community land trusts are a key strategy for helping low-income communities build assets through home ownership while mitigating the destructive consequences of irrational, speculation-fueled housing markets. By keeping housing permanently affordable, a community land trust helps reduce the displacement that can accompany gentrification when property values are climbing, and provides a community framework that supports residents and limits their overall exposure to debt that has been proven to sharply reduce the incidence of foreclosure when the economy takes a turn for the worse. Our new infographic highlights the mechanism behind the community land trust:
Download this infographic * Learn more about Community Land Trusts.