Affordable housing is on New York City’s mind. A critical mass of civic organizations, academic institutions, city agencies, advocacy groups, and others are pondering the essential and perennial issue of how to ensure that the city becomes affordable for the extraordinarily diverse population that makes it work. [...]
At the same time, a decades-old strategy to maintain housing affordability is finding a groundswell of support from an increasingly diverse group of stakeholders. — urbanomnibus.net
A community land trust (CLT) is an alternative model that separates the ownership of property from the ownership of the land on which that property is built. In effect, organized citizens remove land from the private, speculative market where its value is difficult to control.