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About Community Land Trusts

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Juliana Fulton

on 17 June 2014

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Transcript of About Community Land Trusts

About Community Land Trusts
Community Land Trusts
What is a CLT?
Who starts CLTs?
Private Entity
Land Trusts
Capacity building with community groups
Assistance establishing a new community land trust within a neighborhood
Establish permanent affordable housing at the neighborhood level
Technical assistance with applications, loans, grants and general paperwork
Land Conservancies
Definition: a private, nonprofit organization that works to conserve land through conservation easement acquisition, or stewardship of these land or easements.

Goals: to preserve sensitive natural areas, farmland, ranchland, water sources, cultural resources or notable landmarks.

Examples: large and small
The Nature Conservancy (international)
Finger Lakes Land Trust (upstate NY)
Possible points of assistance
Funding:
public or private donations of land
government subsidies (e.g. federal HOME investment partnership program)
How does a CLT operate?
Permanent Affordable Housing
Types:
Permanent affordable
housing
Rental housing
Urban revitalization
City - CLT partnership
Definition: A community land trust is a nonprofit organization formed to hold title to land to preserve its long-term availability for affordable housing, neighborhood revitalization and other community uses.
Examples:
Burlington CLT - first municipally funded CLT with 2,500+ members
Madison Area CLT - county-wide program
HomeStretchHousing in Traverse City
reference : mile-end-residents.co.uk
Urban Revitalization
reference:interface-studio.com
Usually community groups
Existing organizations (grafted on as an internal program, e.g. social service organization)
Some city or county governments (e.g. Irvine, Chicago)
reference: Yesim Sungu-Eryilmaz for the National CLT Academy, 2008
Homestretch
Traverse City, MI
231-947-6001
www.homestretchhousing.org
Kent County Community Land Trust
101 Sheldon SE, Suite 2
Grand Rapids, MI 49503
616-454-0928
www.dwellingplacegr.org
Northern Homes CDC
Boyne City, MI 49712
231-582-6244
www.northernhomes.org
Providen Community Land Trust
Ann Arbor, MI 48108
reference: CLT Handbook
Land held in a legal trusteeship for designated beneficiaries.
reference: wikipedia.org/wiki/Land_trust
a.k.a. conservation land trust
a.k.a real estate investment trust
Community land trust advising
Full transcript