Through Shared Ownership, Community Land Trusts Can Help Retain Housing Affordability

The prospect of homeownership remains out of reach for many Latinos as incomes fail to keep up with rising property values. The community land trust model is a shared ownership model designed to protect people, neighborhoods, and businesses at risk of gentrification and displacement due to development and the upward pressure of urban land markets. This model can be used for housing, small businesses, agriculture, and community resources. There are roughly 277 community land trusts across the US, many addressing housing instability. Community land trusts could play an important role in supporting economic recovery during and after COVID-19. Unfair Urban Land Markets Leave Many Families Behind Property rights in America were not created equal. They have excluded Latinos, ...
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