-- Land as common property: so thought Henry George, who is credited as the original founder of the CLT concept. Born in
-- Every student of urban planning knows Ebenezer Howard and the Garden Cities of England -- ideal population of 30,000, polycentric villages framed by greenbelts. Less well known is that Howard was inspired by George: the planned communities were proposed for land leased by a municipal corporation.
-- Ralph Borsodi, founder of the School for Living, first described leased-land communities as "land trusts," followed by Arthur Morgan, who established Celo in
-- The first official CLT in the
-- The "walking saint of
The story continues. Today's community land trust, where buyers can purchase homes exclusive of the cost of land, has a role in neighborhood stabilization and inner city redevelopment, boasts negligible foreclosure rates despite the housing meltdown, and is being modified in