North Carolina CLTs - Schumacher Center for a New Economics

North Carolina

Asheville-Buncombe Community Land Trust
825 Merrimon Avenue
Suite C PMB #141
Asheville, NC 28804

Date Incorporated:  2019
Address injustices of urban renewal and create affordable residential, commercial, and community spaces to empower BIPOC and low to moderate income residents.

Land Holdings: They purchased their first home in 2020 and are organizing to acquire more in the future.

Cape Fear Community Land Trust, Inc.
PO Box 1143
Wilmington, NC 28402

Date Incorporated: 2009
Purpose: Generate economically diverse neighborhoods and affordable workforce housing.
Land Holdings: Two affordable rental houses, a refugee welcome house, one new construction project, and eight homes which have been sold. 

Durham Community Land Trust
1208 West Chapel Hill St.
Durham, NC  27701

Date Incorporated: 1987
Purpose: Create and preserve permanently affordable housing.
Governance Notes: Tripartite board; no formal membership; public residents and supporters vote on new officers at annual meetings. Officers and staff recruit and appoint board.
Land Holdings: 317 rental units and 50 homeownership units, as well as community gardens.
Additional Information: One of the oldest and largest black-led CLTs.
Partners: City of Durham, Duke Office of Community Affairs, NeighborWorks America.

Raleigh Area Land Trust
PO Box 28363
Raleigh, NC 27611

Date Incorporated: 2018
Expand affordable homeownership opportunities for low-to-moderate income homebuyers. 
Land Holdings: Two single-family homes; One 17-unit development in planning stages (Cottages of Idlewild)

West Side Community Land Trust
PO Box 668023
Charlotte, NC 28266

Date Incorporated: 2017
Create and preserve permanently affordable housing with a focus on community-centered development.

Land Holdings: They have created one house as part of their community land trust and broke ground on three other homes in 2021. They are also working on developing a community space. 

Residents of a cooperative home on land held by Durham CLT