Headwaters Community Trust is a community land trust serving the northeastern Vermont towns of Albany, Craftsbury, Glover, and Greensboro, as well as adjoining communities. Our service area encompasses the headwaters region of the Black, Barton, and Lamoille Rivers. 

 

Our purpose is to create homeownership opportunities and access to land and housing for low- and middle-income community members through community-based ownership, development, rehabilitation, and maintenance. 

 

For more about Headwaters Community Trust, visit this page. ​​

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What Is a Community Land Trust?

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A Community Land Trust (CLT) is a community-based nonprofit organization that owns land and develops housing on that land to create permanently affordable homes.

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The entire community benefits when everyone can obtain stable, affordable housing close to where they work, study, and participate in community life.

 

CLTs use public or private funds to secure land. Homes on CLT-owned land are purchased, built, or rented by households who lease the underlying land for a modest fee. Homes on CLT-owned land are kept permanently affordable by applying an established Resale Formula when they change hands.

 

CLTs are membership organizations that are governed by Resident Members (residents of homes on trust-owned land) alongside General Members who live, work, volunteer, or own property in the trust's service area. Owning a Community Land Trust home gives residents a voice in local land use decisions and a meaningful stake in their community’s development.