Evolution in community land trusts

Articles

How CLT innovators are pioneering structural changes in housing markets

In addition, economic shocks resulting from sudden, unpredictable events like hurricanes or pandemics disproportionately impact Black communities and can also can cause rapid displacement. This is another aspect of a broad pattern of racism and environmental and economic injustice. But it’s important to recognize that displacement isn’t primarily caused by… Read More
May 20, 2022

From devaluation to displacement

Today, homes in majority Black neighborhoods are devalued by an average of 23% (worth on average $48,000 less per home, or $156 billion less collectively) relative to comparable homes in neighborhoods with very few or no Black residents. Home prices in Black- majority neighborhoods don’t reflect their real value, and… Read More
May 20, 2022

A short CLT primer

The first one was established in rural Lee County, Georgia in 1969 by New Communities Inc. to help Black famers overcome forces excluding them from owning land such as industrial farming, racial discrimination, and predatory lending. Through the 1970s, most CLTs were designed to help Black farmers buy rural land. Read More
May 20, 2022

Four Houston neighborhoods dealing with displacement

The Third and Fifth wards prospered in the 1920s, as successful Black business owners and civic leaders built outward from the stronghold of the Fourth Ward, which was known as Freedman’s Town. It was Houston’s first Black neighborhood, established soon after Emancipation. Just outside the city, Independence Heights, the first… Read More
May 20, 2022

Innovating CLTs in Houston

Last year, the net population of the Houston metro area grew by 250 people[ii] every day, as people flocked to the area seeking job opportunity and affordable neighborhoods. But from March 2020 to March 2021, home prices grew 16%[iii], pricing many Houstonians of… Read More
May 20, 2022

Structural inequities in New Orleans

They were three times as likely as white residents to be flooded out in the storm, since historic discriminatory housing and lending practices concentrated higher ground property in the hands of white homeowners. By the time banks started lending to Black buyers, what was left was mostly flood-prone property. In… Read More
May 20, 2022

Championing affordable rentals and tenants’ rights in New Orleans

Today, new disruptions such as the pandemic, growing gentrification, and the rise of tech- enabled short-term rentals for tourists are ratcheting up displacement pressures. Available housing inventory is down to its lowest level in a decade, public housing is now rented out at market rates, and affordable rentals are disappearing. Read More
May 20, 2022

Innovations for scaling CLTs

“Over the next several years, we need to get to a million new units with lasting affordability,” says Grounded Solutions CEO Tony Pickett. “So we’re looking at ways to catalyze expanding CLT portfolios and the capacity of the organizations on the ground. That work is… Read More
May 20, 2022
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