
#178 - Stephanie Allen (Hogan's Alley Society)
This is VANCOLOUR
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Community Land Trusts - What Is the Vision?
Community land trusts have been around since the Civil Rights Movement. The site will transfer into this nonprofit on a 99 year lease at a nominal rate. It will be held in common, similar to a co-op, how members kind of have a stake in decision making. So it really holds it in the long term for common benefit and removes the speculation from development.
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