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New Program Aims to Help Community Land Trusts Get to Scale

April 27, 2018

ShelterForce
Miriam Axel-Lute

A new program invests in the belief that community land trusts can become more than a boutique housing solution. Can community land trusts become more than a boutique housing solution? A program announced today aims to do just that. Funded with $1 million from Citi Community Development, the Citi/Grounded Solutions Community Land Trust Accelerator will pair technical assistance for land trusts with an Accelerator Fund that will give capital grants to high-capacity land trusts in hot markets. Grounded Solutions Network, a national organization that supports permanently affordable housing solutions, will be managing the Accelerator.

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