Comunity Land Trusts

In 2008 an official definition of Community Land Trusts was laid out in the Housing and Regeneration Act 2008. This says that a Community Land Trust is 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 ensure that:

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.

The development of Community Land Trusts provides opportunity to plan and deliver long term affordable and sustainable development, which will benefit a local area and its inhabitants for generations to come.

For more information on Community Land Trusts view: www.communitylandtrust.org.uk

News... If you are interested in becoming a Community Legacy Trust Trustee please click here