Beverly-Vermont Community Land Trust

What Beverly-Vermont Community Land Trust does

Beverly-Vermont Community Land Trust (BVCLT) is a 501(c)(3) nonprofit community land trust based in Koreatown, Los Angeles, founded via bylaws adoption on March 15, 2008 and rooted in Urban Soil/Tierra Urbana organizing and LAEVI incubation dating to the 1990s. BVCLT's core technology is the Community Land Trust model — a nonprofit structure that holds land in perpetuity on behalf of the community while separating it from building ownership, ensuring permanent affordability where traditional affordable housing typically expires after 55-year restrictions. It operates through a tripartite governance board composed of one-third residents, one-third community representatives, and one-third public representatives.

BVCLT's portfolio totals approximately 60 housing units across two limited-equity housing cooperatives (Urban Soil/Tierra Urbana, 47 units; Señoras For Housing, 4 units) and two rental properties (Lemp, 5 units; White House Place, 4 units), alongside community sites such as the White House Place Learning Garden and Relámpago Wheelery bike shop. The organization layers community-organizing programs on top of its real estate holdings — Monthly Membership Meetings, the Tending to the Land and Ourselves cultural program, Community Power Fellowship, and committees for real estate and stewardship.

BVCLT is funded through philanthropic grants (James Irvine Foundation, Chan Zuckerberg Initiative, CalFund, Weingart Foundation, Liberty Hill Foundation, Enterprise Community Partners, Common Counsel Foundation, United Way, MetLife Foundation, Catholic Charities), public funding (LA County CLT Pilot Program, LA County acquisition funds), community donations, and rental income from its properties. Property acquisitions are rehab-financed via loans from Genesis LA and community revolving loans from CRSP, with cooperative development supported technically by the California Center for Cooperative Development and Public Counsel. Distribution of housing is direct: BVCLT acquires multi-unit buildings in Los Angeles County and makes them available through rentals or cooperative conversion to qualified residents earning 40–65% of area median income.

Name

Beverly-Vermont Community Land Trust

Legal name

Beverly-Vermont Community Land Trust

Website

https://bvclt.org

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

1–10 employees

Short description

BVCLT is a Los Angeles nonprofit community land trust that acquires and preserves permanently affordable housing through limited-equity cooperatives and rental properties, serving low-income working-class communities of color in Koreatown and surrounding transit-oriented neighborhoods.

Ownership category

akta.pro rank

Product category

Community Land Trust / Affordable Housing

NAICS

Lessors of Residential Buildings and Dwellings (53111), Facilities Support Services (561210)

SIC

Land Subdividers & Developers (No Cemeteries) (6552), Lessors Of Real Property, Nec (6519), Services-Facilities Support Management Services (8744)

akta.pro primary industry

Affordable Housing & Community Development (Housing, Community Land Trusts) (BPAGALAC)

Keywords

• Community land trust
• Affordable housing development
• Limited equity cooperative
• Permanently affordable housing
• Resident stewardship programs

Headquarters

HQ city

Los Angeles

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Others

Revenue model

1. Donations and Philanthropic Grants: BVCLT receives funding from foundations including James Irvine Foundation, Chan Zuckerberg Initiative, CalFund, Weingart Foundation, and Liberty Hill Foundation. The organization hosts fundraising campaigns and accepts donations through its website.
2. Public Funding and Subsidies: Acquisition of properties funded through LA County CLT Pilot Program, Los Angeles County funding, and LA County funds. Properties are rehabilitated using loans from Genesis LA and community revolving loans through CRSP.
3. Rental Income from Housing Properties: BVCLT owns and manages rental properties (Lemp, White House Place) where tenants pay rent, with rents restricted to maintain affordability. Residents in cooperative units contribute to collective ownership costs.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels7 records

Core offering

BVCLT acquires multi-unit buildings in Los Angeles County and holds the underlying land in a community land trust to keep housing permanently affordable in perpetuity. The organization supports residents in forming limited equity housing cooperatives (LEHCs) and also operates managed rental properties, providing stable, resident-governed homes to low-income households earning 40-65% of area median income in Koreatown and surrounding transit-oriented neighborhoods.

Product overview

Beverly-Vermont Community Land Trust operates as a nonprofit 501(c)(3) organization that removes land from the speculative market and holds it in community stewardship to keep housing permanently affordable. BVCLT's portfolio includes two housing cooperatives (Urban Soil/Tierra Urbana with 47 units and Señoras For Housing with 4 units), two rental buildings (Lemp with 5 units and White House Place with 4 units), and two community sites (Relámpago Wheelery bike shop and White House Place Learning Garden). The organization offers programs including Monthly Membership Meetings, cultural organizing through Tending to the Land and Ourselves, LEHC Cooperative Development & Tenant Governance support, Community Power Fellowship, and two advisory committees (Community Real Estate and Organizing & Stewardship). The core model separates land ownership from building ownership, ensuring permanent affordability in perpetuity while empowering residents through democratic governance and collective stewardship.

Differentiator

Problem solved

Functional benefit

Products and services

• Urban Soil / Tierra Urbana Housing Cooperative A 47-unit limited-equity housing cooperative on the border of Koreatown and Rampart Village within the LA Eco-Village. Self-governs through consensus-based decision-making and provides permanently affordable housing to very low- to moderate-income households.
• Señoras For Housing Cooperative A 4-unit limited-equity housing cooperative in Koreatown, established through tenant organizing to fight displacement. Led by Black and Brown women, the cooperative transitioned to collective ownership after BVCLT acquired the building.
• Lemp Rental Property A 5-unit rental property in North Hollywood acquired with LA County funding. The property was rehabilitated using a loan from Genesis LA, with long-term tenants building shared governance practices.
• White House Place Rental Property A 4-unit property in Koreatown acquired in partnership with LAEVI. Features a shared backyard and active community stewardship with tenants maintaining the property through landscaping, maintenance, and shared repairs.
• White House Place Learning Garden

Quantifiable outcome

• First limited equity housing cooperative on CLT land in Los Angeles
• +2 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Eleven partnerships are on record, tiered core and key.

• Urban Soil/Tierra UrbanacoreStrategic or Co-development PartnerFounding organization and first limited equity housing cooperative on BVCLT land. Residents of this 47-unit cooperative helped establish the CLT model and continue to be central to governance.
• Los Angeles Ecovillage Institute (LAEVI)coreStrategic or Co-development PartnerProvided early incubation and technical support for BVCLT formation. Co-developer of White House Place property in partnership with its all-volunteer Board.
• LA CLT CoalitioncoreStrategic or Co-development PartnerBVCLT participates in this coalition of community land trusts across Los Angeles, collaborating on advocacy, policy efforts, and shared reports including the State of the LA CLT Coalition 2025 Report.
• Right to the City AlliancecoreStrategic or Co-development PartnerNational alliance of community land trusts and housing justice organizations working to keep communities rooted and fight displacement.
• CRSP (Cooperative Resources and Services Project)coreStrategic or Co-development PartnerProvided community revolving loan for White House Place acquisition and technical support during BVCLT's founding.
• California Center for Cooperative DevelopmentkeyImplementation/ SI/ Consulting PartnerProvides technical support to Señoras For Housing cooperative development and transition to resident ownership.
• Public CounselkeyImplementation/ SI/ Consulting PartnerLegal support for cooperative conversion of Señoras For Housing building.
• El Sereno Community Land TrustcoreStrategic or Co-development PartnerPartner CLT organization in the Los Angeles area, part of the broader CLT network.
• ACT-LA (Angelenos for Community Equity)coreStrategic or Co-development PartnerCoalition partner working on housing justice and community ownership in Los Angeles.
• LA Co-op LabcoreStrategic or Co-development PartnerSupports cooperative development in Los Angeles; former employer of BVCLT's Director of Resident & Land Stewardship.
• National CLT CoalitioncoreStrategic or Co-development PartnerNational coalition coordinating community land trust efforts across the United States.

Scale indicators7 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Long Beach Community Land Trust: Long Beach-based CLT focused on permanent affordability and community ownership of housing. Directly comparable as a peer CLT within the broader LA metropolitan CLT movement.
• LA Chinatown Community Land Trust: LA-based CLT operating in Chinatown with a similar model of permanently affordable, community-controlled housing in a gentrifying neighborhood. Directly comparable as a peer CLT within the LA CLT Coalition network.
• Liberty Community Land Trust: Southern California CLT network operating multiple CLTs across the region with shared permanent affordability and resident stewardship models. Directly comparable as a peer CLT network and ecosystem partner.
• El Sereno Community Land Trust: LA-based community land trust focused on preserving affordable housing through resident-led cooperative and stewardship models. Directly comparable as a peer CLT in the LA region, sharing the same permanent affordability and tripartite governance ethos.
• TRUST South LA: South Los Angeles community land trust using a comparable model of resident-led acquisition and permanent affordability. Directly comparable as a peer CLT serving a different LA neighborhood under similar organizing and stewardship principles.

Others

• California CLT Network: Statewide network of California community land trusts that BVCLT partners with for policy advocacy and shared learning. Comparable as an ecosystem peer and coalition partner rather than a direct competitor.
• Grounded Solutions Network: National membership organization supporting community land trusts and shared-equity housing providers across the U.S. Comparable as an ecosystem convener and capacity-building peer BVCLT engages with through the National CLT Coalition.
• Right to the City Alliance: National alliance of grassroots organizations working on housing justice and displacement, of which BVCLT is a member. Comparable as a movement and policy ally rather than a direct competitor.

Emerging players

• Champlain Housing Trust: The largest community land trust in the United States, based in Burlington, Vermont, operating a shared-equity resale model across thousands of homes. Comparable as a mature reference point for the CLT model BVCLT uses, though serving a different geography.

Broad incumbents

• Enterprise Community Partners: National CDFI and affordable housing developer with a much larger footprint and broader portfolio than BVCLT. Comparable as a larger incumbent funder and partner working on affordable housing preservation, though with a different operating model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Instagraminstagram.com/bvclt_la
• Facebookfacebook.com/bvcltla

Revenue estimate

Valuation estimate

Number of profiles

Profiles18 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Beverly-Vermont Community Land Trust