The Role of Community Land Trusts in Affordable Housing Development

Every billion dollars we're spending on homes like this only gets us around 2000 units, which in LA County is about 0.06% of the housing stock. That means even getting to 10% would cost upward of $170 billion. As much as I want to see more funding for affordable housing development, it does seem clear that public subsidies can only get us some of the way toward meeting the kind of scale of need in LA and elsewhere. But what you're dealing with is a huge whole structural issue, right? And I think in the case of LA especially it's how do we get access to land to do these things?"