Community Land Trusts provide long term solutions to meet a variety of needs.
The legal definition is set out in Section 79 of the Housing and Regeneration
The wording in Section 79 is as follows:
A corporate body which
- is established for the express purpose of furthering the social,
economic and environmental interests of a local community by acquiring and
managing land and other assets in order
- to provide a benefit to the local community;
- to ensure that the assets are not sold or developed except in
a manner which the trust's members think benefits the local community.
- is established under arrangements which are expressly designed to
- any profits from its activities will be used to benefit the local
community (otherwise than by being paid directly to members);
- individuals who live or work in the specified area have the
opportunity to become members of the trust (whether or not others can
also become members);
- the members of a trust control it.
It will be necessary to meet this definition if you wish to apply for funding
from the Homes and Communities Agency and the CLT Fund (See Finance).
Step by Step Guide
For other CLT guides and information, visit our Resources page.