STARTING A CLT: ORGANIZATIONAL &OPERATIONAL CHOICES Brussels – July, 2013 Presented by Tony Pickett

PART 1 Quick Overview of the “Classic” CLT

What is a Community Land Trust?  A CLT owns and stewards land for the common good in perpetuity, by providing:  Affordable housing  Commercial spaces  Community Services  Farming or open land

How are CLT organizations structured?  Generally Non-Profit 501(c)3:  Community based  Membership organization  Tri-partite governance  Defined service area  Sustainable - perpetual responsibility

How are CLT properties structured?  Individual owns the improvements (home) and the leasehold right  Community Land Trust owns the land Dual Ownership

Ground Lease ties house & land together How are CLT properties structured? Dual Ownership

How is perpetual affordability structured? Lower Price At First Sale Lower Price at Resale Lower Price at Every Resale Resale-Restrictions

Perpetual Affordability = Perpetual Responsibility 1. Long Term Maintenance2. Sustainable Organizations

PART 2 Organization Choices: Classic v. Variations

Variation on a Theme  Organizational Landscape  Existing Development  Funder Priorities  Unfamiliar Model  Regional Opportunities

Organizational Choices 1.Sponsorship 2.Governance 3.Service Area 4.Beneficiaries 5.Development Strategy 6.Development Type

1. The Organization/Sponsor  Grassroots Non-profit  Variations:  Government Sponsorship  Existing Non-Profit Sponsorship  Employer Sponsorship

Grassroots Sponsorship Create a New Non-Profit  Pros:  Community Acceptance/Legitimacy  Understanding of the local market  No political baggage  Cons:  Capacity building  Credibility  Competition for funding

Government Sponsorship Operate as a Governmental Program  Pros:  Financial support  Staff support  Legitimacy  Cons:  Suspicion of government  Political affiliation  Top-down development  Bureaucracy

Nonprofit Sponsorship Work with an Existing Non-Profit  Pros:  Build on existing capacity  Immediate productivity  Cons:  Political baggage  Accountability to leaseholders  Accountability to community  Divided loyalties/multiple commitments

Employer Sponsorship Partner with Local Business  Pros:  Immediate capacity and credibility  Access to funding from employers  Cons:  Accountability to employers  Target population (workforce housing)

2. Governance: The “Classic” Tripartite Board Leaseholders Public Representatives Members  The “Classic” Tripartite Board  Variations  No General Membership  Organizational Members  Appointed Seats Why Bother?

3. Service Area  Neighborhood  City-wide  County-wide  Metropolitan  State-wide

4. Beneficiaries Who will you serve?  Income?  Residency?  Workforce?

 CLT Development  Buyer-initiated scattered site  Developer-initiated  Municipal projects  Partnerships 5. Development Strategies

 Single Family Detached  Condos  Coops  Co-housing  Rental  Mobile Home Parks 6. Development Type

QUESTIONS?