What is a Community Land Trust?
A Community Land Trust (CLT) is a not-for-profit organisation set up to hold assets on behalf of and for the benefit of the community in perpetuity. Local CLTs are community controlled and owned, with an open democratic structure, providing permanently affordable housing and/or other assets including: community pubs, shops, cafes, allotments, orchards and workspaces.
Due to the way CLTs are structured (i.e. not-for-profit organisations run by local people) they give communities long-term strength through asset ownership and local control. They give influence to local people over the things that matter to them. In affordable housing projects this is usually the location and look of affordable homes, and setting the criteria for who will live in those homes. Surplus income from assets is reinvested back into the local community.
More and more communities are producing Neighbourhood Plans and engaging with local housing issues. CLTs offer a model that puts communities in the driving seat when it comes to delivery of affordable housing.
If you are interested to find out more about CLTs or other types of Community Led Housing, please contact John Heselwood on 01244 400222 or visit: www.communitylandtrusts.org.uk