Homeownership is possible for low-income families and individuals through the Community Land Trust Model
What is a community land trust (CLT)?
A community land trust (CLT) is a private, nonprofit organization created to acquire and hold land for the benefit of a community and provide secure affordable access to land and housing for community residents. In particular, CLTs work to meet the needs of residents not served by the market. CLTs prohibit speculation and absentee ownership of land and housing, promote ecologically sound land-use practices, and preserve the long-term affordability of housing.
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