Measuring Community Land Trust Impact

GrantID: 44635

Grant Funding Amount Low: $1,000

Deadline: Ongoing

Grant Amount High: $3,000,000

Grant Application – Apply Here

Summary

If you are located in and working in the area of Business & Commerce, this funding opportunity may be a good fit. For more relevant grant options that support your work and priorities, visit The Grant Portal and use the Search Grant tool to find opportunities.

Grant Overview

Community Land Trusts for Economic Equity Funding

This funding initiative is designed to support the establishment of community land trusts (CLTs) aimed at promoting economic equity within underserved neighborhoods. The funding scope covers activities such as feasibility studies for potential land acquisitions, outreach programs for community engagement, and the development of affordable housing and commercial spaces. It is important to note that this funding does not support individual property ownership purchases or for-profit housing developments that do not prioritize community benefit.

Addressing Displacement through Economic Equity

An illustrative application of this funding could involve a CLT forming to acquire parcels of land in a low-income neighborhood, subsequently transforming them into affordable homes and community centers. This model not only provides stable housing but also creates spaces for local businesses, revitalizing the community. In another scenario, funding may support the development of commercial facilities that prioritize local entrepreneurship, ensuring that the economic opportunities generated remain within the community rather than benefiting external developers.

Eligibility Criteria for Land Trust Applicants

Eligible applicants typically include non-profit organizations with demonstrated experience in community planning and land acquisition strategies. They should have the capacity to manage the ongoing operations of a community land trust, including engaging residents in decision-making processes. However, applications from entities not focused on community-driven outcomes or individuals seeking to develop solely for profit without a commitment to community engagement may not qualify. Therefore, aligning the proposal with community needs is critical for funding success.

Community Engagement and Support Structures

Successful applicants must show evidence of community support and involvement in the planning process. This could involve conducting surveys, hosting community forums, or collaborating with local advocacy groups. Establishing a strong community presence can enhance the credibility of the proposal and the likelihood of achieving long-term goals. Funders will prioritize initiatives that showcase a genuine commitment to economic equity and collaborative development models.

Eligible Regions

Interests

Eligible Requirements

Grant Portal - Measuring Community Land Trust Impact 44635

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