Community Land Trust

  • A community land trust creates permanently affordable housing in desirable areas by retaining public ownership of the land while having families own or lease the physical structure.

  • Dallas could convert the existing land bank and land transfer programs into a Community Land Trust to ensure that the housing stays permanently affordable. In fact, Dallas is already looking for applications for a CLT.

  • Many cities across the US, including Houston and Austin, already have community land trusts that can serve as a model for Dallas (Source).