Review:
Community Land Trusts
overall review score: 4.5
⭐⭐⭐⭐⭐
score is between 0 and 5
Community land trusts are nonprofit organizations that acquire and hold land in order to preserve affordable housing, ensure community control over development, and protect natural resources.
Key Features
- Nonprofit ownership
- Affordable housing preservation
- Community control over development
- Environmental conservation
Pros
- Helps preserve affordable housing in rapidly gentrifying areas
- Empowers communities to have a say in local development projects
- Supports environmental conservation efforts through land stewardship
Cons
- Can be challenging to scale up to meet high demand for affordable housing
- May face resistance from developers or government agencies with competing interests