Neighborhood trusts are taking on speculators and building community wealth

The ImpactAlpha article discusses how neighborhood trusts are emerging as a strategy to combat speculative real estate practices and build community wealth. These trusts enable residents to collectively purchase and control property in their neighborhoods, preventing displacement and fostering long-term affordability. By putting land and housing in the hands of communities, these trusts create stable, locally governed assets that can be preserved for generations. The model also provides a buffer against gentrification and empowers residents to shape the development of their own neighborhoods, fostering economic resilience and social equity.