The Oberlin Review

Residents Look to Form Community Land Trust

Nathan Carpenter, Editor-in-Chief

February 22, 2019

Filed under Community News, NEWS, Recent Stories

A coalition of Oberlin residents and business leaders is in the process of forming a local community land trust with the goal of increasing housing affordability and community investment in Oberlin. A CLT is a way for a group of stakeholders to acquire different properties in their community and assume stewardship responsibilities for them. While the CLT manages the land, residents still purchase or rent their homes. At its core, the model is meant to promote community land ownership. According to Marge Misak, a Cleveland-based independent land trust consultant, CLTs generally promote housing affordability. “Community land trusts fundamentally are a way for a community to control land for community uses and...

Established 1874.