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Community Land Trusts And Rental Housing: Assessing Obstacles To And Opportunities For Increasing Access, Maxwell Ciardullo
Community Land Trusts And Rental Housing: Assessing Obstacles To And Opportunities For Increasing Access, Maxwell Ciardullo
Masters Theses 1911 - February 2014
Community Land Trusts (CLTs) are an affordable housing model based in the principles of community control of land and housing, as well as the permanent affordability of home ownership. Because of their membership-based governance structure and limited-equity formula, they are uniquely positioned to target reinvestment in communities of color and low-income communities without perpetuating cycles of displacement. Though focused on home ownership, many CLTs have adapted the model to include rental housing. This addition has the potential to expand affordability and opportunities for community governance to lower-income renters; however, it also challenges CLTs as organizations with little experience developing or …