Evidence

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How We Become

Community Land Trusts Keep Homes Within Reach

A shared-ownership model can preserve affordable homeownership across generations.

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Homeownership can give a family stability and a stake in the future of a place. In high-cost markets, public or charitable help may make a home affordable once. A community land trust is designed to keep that opportunity available for the next buyer too.

A 2024 Lincoln Institute report studied partnerships between local governments and community land trusts. The authors drew on interviews and surveys with 115 land trusts. These nonprofit groups usually hold land for a long period while families own or rent the homes on it under clear rules.

The report shows that land trusts can help preserve affordable homeownership. Local partners may provide land, funding, or technical help. Residents often take part in the governance of the trust, which keeps decisions tied to the community.

This model requires strong management. Buyers trade some future resale gain for a lower purchase price and lasting affordability. The report examines partnerships and practice; it does not promise that every land trust will succeed in every market.

For funders, community land trusts connect organizing with property, stewardship, and long-term value. Grants can support resident education, planning, legal setup, homebuyer support, and the staff needed to manage land responsibly.

Research Note

Source:

Preserving Affordable Homeownership: Municipal Partnerships with Community Land Trusts | Lincoln Institute of Land Policy and International Center for Community Land Trusts | 2024

Evidence Type:

Policy report drawing on 115 land trusts

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