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The Community Land Trust (CLT), a type of community-led housing, set up and run by ordinary people to develop and manage homes or assets, is now in its tenth year.
CLTs are charitable organisations set up as community benefit societies that serve as long-term stewards of housing. CLTs ensure homes are genuinely affordable and remain affordable forever.
The CLT model, which originates in the US, has expanded in England over the last 10 years. According to a recent research backed by Power to Change, CLTs are planning to build nearly 6,000 community-led homes in the next few years in England alone.
CAF Venturesome's Anne-Helene Sinha writes about their CLT Fund, which offers the only source of early-stage repayable finance for CLTs, which are considered as high risk for most lenders.
Sinha shares an independent research they commissioned, where they find that Fund investees are now confident and have the courage to get started, and they welcomed the financial and technical support that CAF Venturesome's CLT Fund provides.
Sinha adds that CAF Venturesome plans to launch another fund with a wider scope to respond to increasing demand.
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
If you're looking for a way to boost your community's sense of place, researchers at Gustavson University in Sweden have just the thing. They've developed a set of five principles that community...more
Seri Roth is an entrepreneur "with a passion for empowering communities and fostering positive change," according to her website. She's just launched Boston Queers, an online directory and...more
Google is teaming up with Rice University to create a Houston-area startup accelerator, the Houston Chronicle reports. The accelerator will focus on the "Internet of Things," with a particular...more
"We want homes that last longer than eight to 10 years," says Avra van der Zee, COO of Hawaii-based nonprofit Elemental Excelerator, which has teamed up with New Orleans' Finance New Orleans to...more
When Jude Chinedu heard Chisimdi Okoh talk about how he wanted to change the world, he thought it would be a good idea to do something about it. And so he founded the Power of One Initiative, a...more
Foundation: Boston Foundation, Cambridge Community Foundation
Geeta Pradhan is the president of the Cambridge Community Foundation in Massachusetts, and in 2024 she'll become the state's outstanding woman of the year. That's thanks to her work to fight...more
"We are seeing positive, tangible outcomes for grant recipients working to boost their capacity and impact for programs and services that are vital to those in need." Those are the words of the...more
"Small businesses are the heart of our communities, and when we invest in their success, we're investing in a stronger economy and quality of life, benefiting people across the region." So says...more
Foundation: Lilly Endowment
An Indiana community foundation is getting a big boost from the Lilly Endowment thanks to a hefty donation from Eli Lilly and Co., the Indianapolis Star reports. The Community Foundation of Noble...more
Foundation: Cleveland Foundation, George Gund Foundation
If you're in Cleveland and can't afford to live near the Cleveland Clinic, you may want to consider moving to Aura at Innovation Square, a new $26 million apartment complex that's set to open in...more
Community Building News from...
Wells Fargo Foundation
New Hampshire Charitable Foundation
Community Foundation of Southeast Kansas
Dallas Foundation
Oak Park-River Forest Community Foundation
Greater Washington Community Foundation
Rhode Island Foundation
Community Foundation for Greater Atlanta
California Community Foundation
Arizona Community Foundation
Social Entrepreneurship
Spotlight
This Social Innovation Helps Prevent Bed Sores in Wheelchair Users
Co-founders William Mann and David Mravyan devised the Sensimat during a mandatory project for their MBA at the Richard Ivey School of Business in Canada. Sensimat is a device that helps manage and assess pressure among wheelchair users.
