Keeping working class communities of color in their homes by making housing permanently affordable and democratically owned.
Unlike other affordable housing organizations, BVCLT will ensure that the housing it builds or rehabilitates will remain permanently affordable beyond the first residents.
WHAT IS A COMMUNITY LAND TRUST
A community land trust (CLT) is a nonprofit organization that owns land on behalf of the community to keep housing permanently affordable.
Instead of selling land to the highest bidder, a CLT removes land from the speculative market and holds it in trust for long-term community benefit. Residents can own their homes or collectively care for their building, but the land underneath stays in community stewardship with the CLT. This keeps housing prices stable and protects neighborhoods from displacement.
In simple terms:
A community land trust makes sure land is used for people, not profit – today and for future generations
WHO WE ARE
We are a nonprofit 501(c)(3) organization rooted in the organizing of Urban Soil / Tierra Urbana residents, LAEVI, and community members near the Vermont/Beverly Metro Station. Founded to separate land from speculation and place it into community stewardship, our role is to decommodify land and advance permanent, resident-led housing in Koreatown and surrounding neighborhoods through organizing with working-class communities of color.
Latest News
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Reclaiming Our Neighborhood Report
Please click on the title to read our full report on anti-displacement and the sourced of funding we need to preserve affordable units in Koreatown.
Our Organizational Partners
PAst & PResent Funding Partners
