Community land trusts are an unusual but growing method of ownership, where the land is shared but members own their own homes. According to the Lincoln Institute of Land Policy, they're good for neighborhood stabilization and rarely foreclose.
A new book from the Lincoln Institute explains the long history of community land trusts (CLTs) and why they're a good idea today.
"Community land trusts are at a critical turning point, and many opportunities lie ahead," said Gregory K. Ingram, president of the Lincoln Institute, which maintains a partnership with the National CLT Network to support training and research on community land trusts. "This book aptly frames an approach that can counter today's tumult in housing markets and provide sustainable affordable housing."
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