Community Land Trust (CLT)

COMMUNITY LAND TRUST (CLT)

What is a CLT?

A Community Land Trust (CLT) is a nonprofit organization that acquires and stewards land to create permanently affordable housing and community spaces. CLTs separate ownership of the land from the building, which helps keep homes and rentals affordable for the long term. This approach also preserves and protects the investment of scarce public resources.

There are more than 300 CLTs across the country, and the model is gaining traction in the Midwest and in growing suburban areas like Hamilton County.

HCHC’s Role

We are exploring a countywide CLT model to preserve affordability and expand generational housing opportunities. Members may be asked to participate in governance or community engagement.

Why It Matters

As housing prices rise, traditional homeownership becomes harder to reach. CLTs ensure that homes stay affordable not only for the current owner but for future homebuyers. They provide long-term stability while helping build wealth for homeowners.

How It Works

The CLT owns the land.
The homeowner owns the house on top of it and has a 99-year ground lease which gives the homeowner exclusive use and care of the land.
When the home is sold, a resale formula ensures it remains affordable.

Messaging Materials

CLT Info Sheet

CLT Info Graphic

CLT Slides

CLT Guide for Local Governments

Frequently Asked Questions

Is CLT ownership different than traditional home ownership?

For the homeowner, not really. A CLT owner has the same responsibility for maintaining their home and paying the mortgage, the same right to exclusive use and enjoyment of the property, as a “traditional” homeowner.

Who can buy a CLT home?

CLTs not only assist lower-income households, but in many markets like Hamilton County, where affordability is a broader and rapidly growing challenge, CLT programs often help more moderate- and even middle-income families achieve home ownership.

Can CLT homeowners build wealth?

Yes. The homeowner will build equity as they pay down their mortgage, and as determined by the resale formula. The owner and the CLT will share in the appreciation of the property over time.

How are CLTs funded?

Startup funds often come from banks, philanthropy, or public partners. Long-term operations may be supported by ground lease fees, grants, and development revenue.

Who controls a CLT?

The community. CLTs are governed by a community-based Board of Directors that is typically:

1/3 homeowners
1/3 community residents and business representatives
1/3 key local nonprofit and public-sector stakeholders