brussels clt model organizational and issues options tony picket
TRANSCRIPT
What is a Community Land Trust?
A CLT owns and stewards land for the
common good in perpetuity, by providing:
Affordable housing
Commercial spaces
Community Services
Farming or open land
How are CLT organizations
structured?
Generally Non-Profit 501(c)3:
Community based
Membership organization
Tri-partite governance
Defined service area
Sustainable - perpetual responsibility
How are CLT properties
structured?
Individual owns the
improvements (home)
and the leasehold right
Community Land Trust
owns the land
Dual Ownership
How is perpetual affordability
structured?
Lower Price At First
Sale
Lower Price at
Resale
Lower Price at Every
Resale
Resale-Restrictions
Perpetual Affordability
= Perpetual
Responsibility
1. Long Term Maintenance2. Sustainable Organizations
Variation on a Theme
Organizational Landscape
Existing Development
Funder Priorities
Unfamiliar Model
Regional Opportunities
Organizational Choices
1. Sponsorship
2. Governance
3. Service Area
4. Beneficiaries
5. Development Strategy
6. Development Type
1. The Organization/Sponsor
Grassroots Non-profit
Variations:
Government Sponsorship
Existing Non-Profit Sponsorship
Employer Sponsorship
Grassroots Sponsorship
Create a New Non-Profit
Pros:
Community Acceptance/Legitimacy
Understanding of the local market
No political baggage
Cons:
Capacity building
Credibility
Competition for funding
Government Sponsorship
Operate as a Governmental Program
Pros: Financial support
Staff support
Legitimacy
Cons: Suspicion of government
Political affiliation
Top-down development
Bureaucracy
Nonprofit Sponsorship
Work with an Existing Non-Profit
Pros:
Build on existing capacity
Immediate productivity
Cons:
Political baggage
Accountability to leaseholders
Accountability to community
Divided loyalties/multiple commitments
Employer Sponsorship
Partner with Local Business
Pros:
Immediate capacity and credibility
Access to funding from employers
Cons:
Accountability to employers
Target population (workforce housing)
2. Governance: The “Classic” Tripartite
Board
Leaseholders
Public
Representatives
Member
s
The “Classic” Tripartite Board
Variations
No General Membership
Organizational Members
Appointed Seats
CLT Development
Buyer-initiated scattered site
Developer-initiated
Municipal projects
Partnerships
5. Development Strategies