Ohu is working with a group of people on the outskirts of Christchurch to create a community land trust. This will see people coming together to form an intentional community based on ecological land use. Up to 27 acres have been identified for this project. Ohu is partnering with the Kotare Institute to realise the community land trust model in Christchurch.
A community land trust (CLT) is an entity that develops and stewards community assets on behalf of a community. Typically the land is held in trust, essentially taking it out of market forces, with tenants owning and maintaining the building. This can be applied to housing, retail or commercial entities. A holistic land trust model balances the social, environmental and economic needs of the community. As we test the demand for such an initiative Ohu welcomes expressions of interest from individuals and businesses.
A community landtrust enables an affordable housing model, by taking the land out of market forces. Tenants can opt for a rent-to-own model for the building, with tenants incentivised to maintain the building. At a time when the housing stock is under-pressure and barriers to entry, this model provides a vehicle for people to gain security of tenure.
Stage of development
Phase 1 - ideation
Identify demand, possible sites and investors.
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Ohu is partnering with the Kotare Institute to realise the community land trust model in Christchurch.