Community Land Trust (CLT)

CLTs are non-profit, community-based organisation that are run by representative (volunteer) directors who develop housing and other assets, such as business units, that are owned and controlled by the community.

• A CLT must be set up to benefit a defined local community – the individuals who live or work, or want to live or work within the area.
• A CLT must be not-for-profit – they can, and should, make a surplus as a community business, but that surplus must be used to benefit the community.
• Local people must be able to join the CLT – those living and working within the community must have the opportunity to join the CLT as members if they support the CLTs aims.
• Members control the CLT – members must have a controlling vote in Annual General Meetings and the Board, though other stakeholders can be included in the governance.