Vision for a Community Land Trust

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Acting on a key goal of the Resilient Edgemere Community Plan, HPD is seeking to establish a community land trust (CLT) on City-owned vacant land in Edgemere. A CLT establishes community ownership of land, and can serve a critical role of stewardship of housing, open spaces and community amenities. In Edgemere a CLT can support community resiliency by supporting members in preparing for and recovering from storms, and in practicing resilient land management.


What is a community land trust?

A community land trust (CLT) essentially separates the ownership of the land from the ownership of the structures on that land. A CLT operates as a non-profit entity that owns multiple parcels of land and leases that land to potential homeowners, who can buy and own the structures on the CLT. This model allows for long-term housing affordability and local control of land.


A CLT is democratically governed by board members consisting of residents living in the CLT, residents of the surrounding neighborhood, public officials, and other representatives of community organizations. Board members can vote on various key decisions; from the land lease fees to the construction of new homes and maintenance of open space.


The CLT operates under a shared equity model, where homeowners and other key players of the CLT collectively build wealth and inclusive home ownership. A homeowner can still build equity through mortgage payments, a capped percentage of the appreciation value, and the value of self-financed improvements to the home. The CLT board governs and dictates future resale terms of the structures on the land to ensure affordability and uses that are in line with the CLT’s goals and mission.

Next Steps for Edgemere

The first step for HPD is to identify a partner who will form the Edgemere CLT organization through a Request for Expressions of Interest (RFEI). The RFEI will be a competitive process open to organizations, partnerships, coalitions, or organizations in formation. We are collecting feedback to understand Edgemere’s needs and priorities and include that feedback on the RFEI, so that applicants respond effectively to community needs.


We invite you to use the comments feature below to provide feedback! You can also leave a voice message or text at 929-475-1386.


Please join us at the Edgemere CLT Online Information Session on October 27 at 6:30PM where we will dive deeper into these concepts, answer questions, and collect your feedback through small group discussions. We hope to see you there!



Acting on a key goal of the Resilient Edgemere Community Plan, HPD is seeking to establish a community land trust (CLT) on City-owned vacant land in Edgemere. A CLT establishes community ownership of land, and can serve a critical role of stewardship of housing, open spaces and community amenities. In Edgemere a CLT can support community resiliency by supporting members in preparing for and recovering from storms, and in practicing resilient land management.


What is a community land trust?

A community land trust (CLT) essentially separates the ownership of the land from the ownership of the structures on that land. A CLT operates as a non-profit entity that owns multiple parcels of land and leases that land to potential homeowners, who can buy and own the structures on the CLT. This model allows for long-term housing affordability and local control of land.


A CLT is democratically governed by board members consisting of residents living in the CLT, residents of the surrounding neighborhood, public officials, and other representatives of community organizations. Board members can vote on various key decisions; from the land lease fees to the construction of new homes and maintenance of open space.


The CLT operates under a shared equity model, where homeowners and other key players of the CLT collectively build wealth and inclusive home ownership. A homeowner can still build equity through mortgage payments, a capped percentage of the appreciation value, and the value of self-financed improvements to the home. The CLT board governs and dictates future resale terms of the structures on the land to ensure affordability and uses that are in line with the CLT’s goals and mission.

Next Steps for Edgemere

The first step for HPD is to identify a partner who will form the Edgemere CLT organization through a Request for Expressions of Interest (RFEI). The RFEI will be a competitive process open to organizations, partnerships, coalitions, or organizations in formation. We are collecting feedback to understand Edgemere’s needs and priorities and include that feedback on the RFEI, so that applicants respond effectively to community needs.


We invite you to use the comments feature below to provide feedback! You can also leave a voice message or text at 929-475-1386.


Please join us at the Edgemere CLT Online Information Session on October 27 at 6:30PM where we will dive deeper into these concepts, answer questions, and collect your feedback through small group discussions. We hope to see you there!