Cities Support Community Land Trusts to Protect Affordable Housing

As housing prices skyrocket in neighborhoods across the country, some state lawmakers and local officials are turning to a decades-old model for keeping homes affordable: community land trusts.

“[Community land trusts] are an extremely important means of taking land out of the speculative market for affordability in perpetuity,” said Sarah McKinley, director of community wealth building programs with The Democracy Collaborative, a nonprofit think tank that focuses on community-based economic development. “The interest in CLTs is growing, and particularly among local governments.”

• Publication date: 2022-05-25

• Parent publication: Stateline

• Publication URL: https://www.pewtrusts.org/en/research-and-analysis/blogs/stateline/2022/05/25/cities-back-community-land-trusts-to-protect-affordable-housing