A Community Land Trust (CLT) is a nonprofit organization that acquires and holds land for the benefit of the community. It separates the ownership of land from the ownership of buildings on the land, ensuring that the land remains a shared community resource forever. This approach enables communities to have a say in how the land is used and to create long-term solutions for affordable housing, sustainable development, and community initiatives.
This video from the Houston Community Land Trust does a great job explaining what CLTs do and why.