Community Land Trusts explained: Five answers to your pressing questions
Why It Matters
Canada’s housing crisis spurs new interest in community land trusts. But, the size of the sector and relative obscurity of the land trust structure compared to other non-profit housing models means many interested Canadians don’t understand them well enough.
Community Land Trusts are increasingly being touted as one of the solutions to Canada’s current housing crisis.
Articles and white papers have popped up in recent months, expounding on its democratic qualities and radical departure from the for-profit real estate market.
The first Community Land Trusts (CLTs) in Canada were incorporated in the ‘70s and ‘80s, but the sector remains small. The first national census of land trusts found 41 active CLTs earlier this year, but 11 were formed after 2020, and five were still unincorporated
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