CLTs have measurable effects on housing, equity and community stability. They ensure the land of the speculative property market and make it available for future generations. Affordability and Access to Resources By holding land in trusts and leasing it below market rates, CLTs make it affordable for individuals, small businesses,…
Community Land Trusts (CLTs) are non-profit entities that hold land on behalf of a community, taking it off the speculative property market and serving as long-term stewards for affordable housing, community gardens, civic buildings, commercial or community spaces, and other community assets. CLTs balance the needs of individuals who want…
Cooperatives are an essential mechanism for community wealth-building and local job creation. Through co-operative ownership of workplaces, retail businesses and value-adding infrastructure, communities can retain stakeholder control and keep wealth and employment opportunities local. Profits that once went to financial centres now go to co-operative members, who are more likely…
The cooperative business model is centred on the user owned, user controlled, and user benefited framework. It is one of the oldest business models, with the first dating back to the Rochdale pioneers of England in 1844. Today, cooperatives are defined as an autonomous association of persons united voluntarily to…