Encourage Growth of Community Land Trusts
- Copyright
- 2021
- Published Date
- 04/16/2021
- Published By
- Well Being In the Nation Network
A community land trust helps a non-profit organization keep ownership of land. They can then sell or rent housing to lower-income people. This is different from developers that make profit for building affordable homes or units. A Community Land Trust sells the home below the market price and caps the rent which makes it affordable for the next low-income homeowner.