Doug Ryan Miriam Axel-Lute

Leveraging Land Banks and Community Land Trusts to Create Short-Term Opportunities and Long-Term Affordability

A Talk by Miriam Axel-Lute and Doug Ryan

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About this Talk

Land banks and community land trusts are two complementary and increasingly popular ways to create permanently affordable housing. Land banks can play an important role in transitioning vacant lots or abandoned houses to responsible owners, rather than non-resident, profit-maximizing investors. Community land trusts separate the ownership of the land (held permanently in trust) from the ownership of the building. Because much of the appreciation in most homes is due to the appreciation of the land, this allows for housing that can stay affordable in perpetuity. This session will provide context, definitions, and examples for these two strategies.

About The Speakers

Miriam Axel-Lute

Miriam Axel-Lute

Editor, Shelterforce

Doug Ryan

Doug Ryan

Senior Fellow, Prosperity Now

Doug has more than twenty years’ experience working in federal and local housing programs.