“Community Land Trusts Are Answer to Affordable Housing Crisis”

An innovative community-based model of land and property ownership can form a crucial part of a national strategy to tackle the crisis in affordable housing, according to a study produced by a leading research centre based at the University of Salford.  The report into Community Land Trusts (CLTs) by social and financial inclusion research unit Community Finance Solutions concludes that they have proved themselves as a viable way to build affordable homes and that such schemes can be expanded significantly to provide a sustainable part of the Government’s localism agenda.  A CLT is a charity or not-for-profit organisation which owns land and property for the benefit of a community and as a resource for future generations, rather than for market speculation. Over the last decade more than 80 CLTs have sprung up in both rural and urban areas.  Read more on the Salford University website.