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Noel Semple's avatar

This is very interesting. What is the difference between a Community Land Trust and a Housing Co-Op?

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JENNIFER ALEXANDER's avatar

Hi Noel! The housing co-op is supported and operated by the residents of the building. The Community Land Trust is supported and run by a local community organization and so that org is financially responsible for the acquisitions and upkeep. It takes the financial burden to a larger group and allows the residents to rent as they normally would. This is a very basic answer for a very huge question but I hope it helps! Take a look at our neighbours in Parkdale; they have done a lot in community land trusts and have many useful resources http://www.pnlt.ca/

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