For Shopping Malls, Is Yorkdale’s “Snobbery” Simply A Sign Of The Times?

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

Public Realm Improvements

Public realm improvements are enhancements to public spaces such as sidewalks, parks, plazas, and streetscapes, often funded or contributed by. more

Mortgagee in Possession

A mortgagee in possession is a lender who takes control of a property after borrower default, but before foreclosure or power of sale. The lender. more

Lease Surrender Agreement

A lease surrender agreement is a negotiated contract between a landlord and tenant that ends a lease before its scheduled expiration. Terms may. more

Green Infrastructure

Green infrastructure refers to natural or engineered systems that manage stormwater, reduce heat, and improve sustainability in developments.. more

Escrow Holdback

An escrow holdback is a portion of funds withheld at closing and held in escrow until specific conditions are met, such as completion of repairs,. more

Underused Housing Tax

The Underused Housing Tax (UHT) is a federal annual 1% tax on the value of vacant or underused residential property owned by non-resident,. more

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