• Community Land Trusts: Affordable Housing for Everyone!

  • Oct 5 2024
  • Length: 6 mins
  • Podcast

Community Land Trusts: Affordable Housing for Everyone!

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  • Summary

  • Affordable housing is a big issue today. With rising home prices and stagnant wages, many families are struggling to find homes they can afford. But there’s a solution! Community Land Trusts (CLTs) can help keep homes affordable for generations.CLTs are nonprofit groups that own land for the community’s benefit. This means the land is not for sale in the market, so it stays affordable. Homeowners lease the land and own their houses, allowing them to build equity without worrying about rising land costs. When they sell, homes are sold at below-market prices, making sure future buyers can afford them too!CLTs are run by a group of community members who make decisions together, ensuring everyone’s voice is heard. They can work with nonprofits to create various housing options to meet local needs. Together, we can build stronger communities where everyone has a place to live! 💪❤️ A model to help fight displacement and gentrification!#CommunityLandTrust #AffordableHousing #HousingForAll #StrongerCommunities #HomeForEveryone #urbanplanning #community
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Political Science Social Sciences
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