Ontario Real Estate And Development Industry Hires And Promotions: September

Community Land Trust (CLT)

A community land trust is a non-profit that owns land to keep housing affordable permanently through resale restrictions.

Community Land Trust (CLT)

September 29, 2025


What is a Community Land Trust?

A community land trust (CLT) is a non-profit organization that owns land to preserve long-term housing affordability. Homes are sold or rented at below-market rates while the trust retains ownership of the underlying land.

Why a Community Land Trusts Matter in Real Estate

CLTs matter in real estate because they protect against displacement, stabilize neighborhoods, and ensure permanent affordability. They give communities control over land use and housing outcomes.

Example of a Community Land Trust in Action

A non-profit community land trust in Vancouver acquires land and sells homes at affordable prices, ensuring resale restrictions keep them affordable for future buyers.

Key Takeaways

  • Non-profit ownership of land to ensure affordability.
  • Homes sold or rented below market rates.
  • Prevents displacement and supports community stability.
  • Ensures permanent affordability with resale restrictions.
  • Empowers communities to guide housing outcomes.

Related Terms

Additional Terms

Blight

Blight refers to the deterioration, neglect, and disrepair of properties or neighborhoods that cause economic decline and reduce livability. Blighted. more

Co-Housing Community

A co-housing community is a residential model where individuals or families live in private homes but share common facilities such as kitchens,. more

Chain of Title

Chain of title is the chronological record of property ownership transfers, from the original owner to the current owner. It documents deeds,. more

Carbon Offset Credits

Carbon offset credits in real estate are tradable credits earned by properties or developments that reduce greenhouse gas emissions through. more

Build-to-Rent

Build-to-rent refers to residential developments specifically constructed for the rental market rather than for sale. These projects are typically. more

Brownstone

A brownstone is a historic townhouse or rowhouse, typically built in the 19th or early 20th century with brown sandstone façades. They are common in. more

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