Community Land Trusts

Abstract

Now in phase 2 of the research and working with 10 partner organisations, the team is tracking three case studies in Victoria and Tasmania: organisations that are now implementing the conceptual material from the manual.

The results of this research will enable the team to revise the legal and financial information in the manual, and further develop the decision-making tool that was created as part of a project funded by the Australian Housing and Urban Research Institute (AHURI).

The team is also working with lenders to look at what loan products are acceptable, and will add a lending framework to the suite of materials.

CLTs are organisations that provide ongoing affordable housing and other community benefits, and they are usually set up as private non-profit community organisations.

Although they sit within the broader family of community housing providers, CLTs are perhaps unique in their focus on community involvement in or ownership of the organisation, and on balancing the rights of the household with the rights of the broader community or society.

Affordable housing provided by CLTs includes resale-restricted homeownership, rental housing, and housing cooperatives.