A community land trust is a democratically governed, regionally based, open membership non-profit corporation. Through an inheritable and renewable long-term lease, the trust removes land from the speculative market and facilitates multiple uses such as workforce housing, village improvement, sustainable agriculture, and recreation. Individual or organizational leaseholders own the buildings and other improvements on the land created by their labor and investment, but do not own the land itself. Resale agreements on the buildings ensure that the land value of a site is not included in future sales, but rather held in perpetuity on behalf of the regional community.
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Mil Abrazos Community Land Trust is a 501(c)3
Donations of cash, stocks, vehicles or material goods are tax-deductible