Community land trusts take a long view of community change and development. Just as conservation or open space land trusts aim to preserve wilderness forever, CLTs seek to ensure that our cities permanently support equitable housing opportunities and access to land for low-income residents, Black residents, and other communities of color that have been historically and systematically deprived of such access, ownership, and control.
By removing land from the market and holding it in perpetuity, a CLT buffers its housing and other land uses from the volatility of economic, environmental, and political crises that often disproportionately impact low-income residents and communities of color. Likewise, CLTs preserve affordability and access when rising rents and home prices in hot markets threaten the stability of vulnerable families.
In Oakland and the Bay Area, research shows that the value of land, rather than housing, is the primary driver of real estate booms and busts.