Cities around the world facing a serious lack of affordable housing are exploring new ideas to address the problem. One emerging trend is use of a community land trust model.
Nonprofits, developing properties and placing them in a public trust – and leasing them long term to lower-income residents.
It’s an approach now being embraced in the Florida Keys – hard hit last year by a hurricane.
CGTN’s Nitza Soledad Perez has the story