How are CLTs funded?
CLTs receive support from a variety of sources. Foundations, businesses and individual supporters. CLTs rely heavily on private donations, including contributions from members and supporters, to fund their programs. Fees for services. CLTs receive developer fees in their housing development, and a small monthly “lease fee” from each land trust household in consideration for use of the land. Local government. Many CLTs work in cooperation with local governments in meeting present and future community needs. Public officials in communities across the country recognize that CLTs can play an important role as stewards of community resources, and that property and funds allocated to a CLT can benefit not only present community residents but future residents as well. Some CLTs, Portland Community Land Trust included, have been established with strong initiative and support from local governments. 13.
