Land Trusts

http://www.henrygeorge.org/mikerent.htm The Arden Land Trust

Peter Barnes: Capitalism 3.0 — Chapter 9: Building the Commons Sector (pages 135-154)

I’ve already mentioned the Marin Agricultural Land Trust and the Pacific Forest Trust. The aim of such trusts is to shield pieces of land from development or degradation. They do this by owning land outright, or by owning easements that restrict how land may be used. Land trusts aren’t just for the countryside. In Boston, people in the Dudley Street neighborhood formed one in 1988 to buy vacant land and determine how it could best serve the community. Today there are six hundred new and rehabbed homes — all with a cap on resale prices — plus gardens, a common area, parks, and playgrounds. These efforts revitalized the neighborhood without displacing local residents, as would have happened through private property and gentrification. ... read the whole chapter