How Do CLTs Work?
The nonprofit CLT owns the land and issues 99-year renewable leases for affordable housing and other community needs. The CLT works to ensure that the land is used in a way that benefits the community.
Democratically governed by a 3-part board
Residents of the CLT; Members of the surrounding community; Public officials, housing experts and other advisors.
Flexible, proven model with many applications
Preserve and enhance low-income housing and other places of value to the community; Develop unused spaces to meet community needs.
Ongoing community organizing and partnerships
An alternative way to take land out of the market and to ensure it is used to develop housing and other spaces that are inclusive and affordable for all.
The CLT works to ensure that the land is used in a way that benefits the community.
