Building Better City-CLT Partnerships
Author | : John Emmeus Davis |
Publisher | : |
Total Pages | : 106 |
Release | : 2008 |
ISBN-10 | : OCLC:1091741011 |
ISBN-13 | : |
Rating | : 4/5 (11 Downloads) |
Book excerpt: The number of community land trusts (CLTs) in the United States has grown rapidly in recent years, due largely to the expanding investment and involvement of local govern-ment. Municipalities are supporting CLT start-ups, CLT projects, CLT operations, and the equitable taxation of resale-restricted CLT homes. This city-CLT partnership is still evolving, however, with municipal officials and CLT practitioners still exploring the most effective ways of working together. The present manual is necessarily a work in progress, documenting the “best” practices devised to date. These are practices that use public resources to expand a CLT’s holdings, while respecting what makes a CLT unique and while addressing a municipality’s reasonable concerns about a CLT’s performance and sustainability.