Community land trusts: An ‘old-school’ innovation with ‘new school’ structural applications
This article from Brookings explores Community Land Trusts (CLTs) as an innovative model for creating permanently affordable housing and fostering community ownership. It highlights CLTs’ modern applications, including their use in addressing racial equity and promoting economic development, particularly in communities facing displacement or affordability crises. It underscores how CLTs, like those in New Orleans, provide not only affordable housing but also spaces for local businesses and community revitalization. This approach aims to combat the wealth disparities rooted in systemic housing inequities, especially for marginalized communities.
Read the article.
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