Chapter 1 - In Land We Trust: Key Features and Common Variations of Community Land Trusts in the USA - John Emmeus Davis
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Description
The global CLT landscape is one of enormous diversity, even in the United States where the “classic” CLT was conceived. Defining ownership, organizational, and operational features of this “classic” model are detailed in the present chapter, along with the most common variations in each. Five “causes of continuing variation” are considered as well.
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Arguments justifying CLTs tend to focus on their effectiveness in preserving affordability and preventing displacement in strong real estate markets where prices for land and housing are rising. Most justifications regularly overlook the multiple roles that CLTs can also play in improving...
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