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Somerville Community Land Trust

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uuid003p6al

Namestring
Somerville Community Land Trust
Legal namestring
Somerville Community Land Trust
Company typeenum
Private
Founded yearint
2019
Descriptiontext

Somerville Community Land Trust (SCLT) is a 501(c)(3) nonprofit founded in 2018 and headquartered in Somerville, Massachusetts. Its function is to acquire, preserve, and steward permanently affordable residential and commercial properties in Somerville using the community land trust (CLT) model, in which the trust retains ownership of the underlying land and ground-leases the improvements to homeowners or commercial tenants under long-term affordability deed restrictions. As of late 2025, SCLT stewards four properties (7 Summer Street, 12 Pleasant Avenue, 14–16 Sewall Street, and 297 Medford Street), with the most recent acquisitions completed in June and September 2025.

The organization operates with a small core staff (Executive Director Ben Baldwin and Community Engagement Coordinator Andrés Bueno) supported by an 11-member volunteer board structured under the tripartite CLT governance model (one-third resident-leased holders, one-third community, one-third public officials). It serves lower- and moderate-income Somerville residents at risk of displacement from a rapidly appreciating housing market.

SCLT's business model relies on a mix of philanthropic grants, municipal funding, Community Benefits Agreement (CBA) proceeds tied to local development projects, and individual donations (sustaining donations reported at roughly $15,000 per year, with larger one-time gifts), alongside stewardship revenue from owned properties. Cumulative secured funding is approximately $3.2 million-plus. The go-to-market is community-led and grassroots rather than commercial: it depends on resident organizing, civic partnerships with the City of Somerville, and developer CBA counterparties. SCLT does not operate a technology platform or proprietary software product; its core "product" is the stewarded portfolio of permanently affordable real assets and the ground-lease contracts attached to them.

Short descriptiontext

Somerville Community Land Trust is a 501(c)(3) nonprofit founded in 2018 that uses the community land trust model to acquire, preserve, and steward permanently affordable residential properties for lower- and moderate-income Somerville, Massachusetts residents at risk of displacement.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1–10
akta.pro rankint
HeadquartersSomerville, United States
HQ citystring
Somerville
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
community land trust, permanently affordable housing, nonprofit housing development, community-owned real estate, affordable homeownership programs
Industry2 codes
1Affordable Housing & Community Development (Housing, Community Land Trusts)
CodeBPAGALACPrimaryYes
2Urban Renewal, Brownfield Redevelopment & Land Reuse
CodeBPAIANAIPrimaryNo
NAICS code2 codes
  • Lessors of Residential Buildings and Dwellings53111
  • Land Subdivision2372
SIC code2 codes
  • Land Subdividers & Developers (No Cemeteries)6552
  • Investors, Nec6799
Product category
Community Land Trust / Affordable Housing
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model4 records
1Donations and Fundraising
TypeAffiliate Referral
Description

SCLT relies heavily on donations from individuals and organizations. The organization has sustaining monthly donors who contribute over $15,000 per year. Suggested donation is $25 per month, with $5-10 per month also accepted.

somervillecommunitylandtrust.org
2Grants and Government Funding
TypeProfessional Services
Description

SCLT receives funding from government sources including the City of Somerville, Somerville Affordable Housing Trust Fund, and state-level funding like the Housing Bond Bill ($1,000,000 for Greater Boston CLT Network members). Also receives MBTA Communities Catalyst Fund ($750,000 for 14-16 Sewall Street).

somervillecommunitylandtrust.org
3Property Acquisition and Development
TypeManaged Services
Description

SCLT acquires properties through partnerships with developers, banks, and government agencies. Properties are then made permanently affordable through CLT ownership of land.

somervillecommunitylandtrust.org
4Community Benefits Agreements
TypeTransaction Fee
Description

SCLT secures funding through negotiated Community Benefits Agreements, such as the Somernova CBA which would provide $50,000/year for 10 years ($500,000 total).

somervillecommunitylandtrust.org
Marketing channels6 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Pricing details1 tier
1Free membership for Somerville residents
ModelFreemiumBilling cadenceMonthly
Notes

Membership is free and only requires being a Somerville resident. Members can vote and run for Board of Directors.

somervillecommunitylandtrust.org
GTM typeB2C
B2C
Offering typeServices
Services
Core offering1 text field

Somerville Community Land Trust (SCLT) is an independent, community-based 501(c)(3) nonprofit that acquires residential land and buildings in Somerville, Massachusetts and places the land under permanent community ownership to keep the housing permanently affordable. It acquires properties, rehabilitates them in partnership with developers, and offers the resulting units as permanently affordable homeownership or rental opportunities for low and moderate-income residents regardless of immigration status.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 3 values shown
  • 11 permanently affordable homes created across 2 completed properties (7 Summer St and 12 Pleasant Ave)
+2 more records
Product overview1 text field

Somerville Community Land Trust (SCLT) is a community-based nonprofit that does not operate a technology product. Its offerings are a portfolio of affordable housing programs and community engagement services centered on the community land trust model: acquiring land and placing it under permanent community ownership to keep housing affordable in perpetuity. The core products are four real estate properties (7 Summer Street with 5 ownership condos, 12 Pleasant Avenue with 6 rehabbed rental units transitioning to ownership, 297 Medford Street with ~50 planned affordable rental apartments, and 14-16 Sewall Street with 3-5 planned family-sized condos), supported by four volunteer committees (Events, Narrative & Communications, Real Estate, Fundraising), membership and community organizing programs (including the Rooted in Somerville outreach initiative), and educational programs (CLT 101, CLT 103 workshops). SCLT also maintains a public resource library with strategic plans and governance documents. All programs serve the mission of permanently affordable, community-owned housing in Somerville regardless of immigration status.

Product and service4 records
17 Summer Street, Union Square
CategoryPermanently Affordable Housing
Description

A newly constructed five-unit condominium building in Union Square on land stewarded in perpetuity by SCLT, providing five permanently affordable homeownership units.

212 Pleasant Avenue, Prospect Hill (Elijah Walker House)
CategoryPermanently Affordable Housing
Description

A six-unit historic multifamily building acquired in January 2024 that SCLT is rehabilitating with a General Contractor and YouthBuild partnership to be environmentally and structurally safe and energy efficient, after which existing residents can purchase their units as affordable condominiums by 2026.

3297 Medford Street, Gilman Square
CategoryPermanently Affordable Housing
Description

A planned 100% affordable residential building in Gilman Square developed in partnership with Just A Start on a former autobody site. The project will include approximately 50 new affordable rental apartments, with community design input.

414-16 Sewall Street, Winter Hill
CategoryPermanently Affordable Housing
Description

A vacant lot acquired June 25, 2025, planned for development in partnership with Habitat for Humanity Greater Boston into approximately 3-5 family-sized, permanently affordable condos in a new triple-decker.

Scale indicator6 records

Each record includes

Type, Value, Description, Source

Partnership8 partners
1Just A Start
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2025-09-25
Description

Partnership with Just A Start to develop 297 Medford Street into a 100% affordable residential building with up to 60 apartments. Just A Start and SCLT jointly acquired the property and are working together on the community design process. This is SCLT's largest development project to date.

somervillecommunitylandtrust.org
2Habitat for Humanity Greater Boston
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2025-06-25
Description

Partnership to develop 14-16 Sewall Street into approximately 3-5 family-sized, permanently affordable condos in Winter Hill. Habitat for Humanity Greater Boston is the development partner for this project.

somervillecommunitylandtrust.org
3Community Action Agency of Somerville (CAAS)
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2024-01-01
Description

CAAS and SCLT partner on multiple initiatives including the 'Rooted in Somerville' program, where CAAS's Anti-Displacement Research Taskforce monitors multifamily housing sales and both organizations jointly reach out to buyers and sellers. CAAS also provided organizing support to tenants at 12 Pleasant Avenue.

somervillecommunitylandtrust.org
4Greater Boston CLT Network
Strategic tierCoreTypeStrategic or Co-development Partner
Description

SCLT is a member of the Greater Boston CLT Network, which advocates for CLT legislative priorities at the state level. The Network hosted the 2025 CLT State House Lobby Day. The Housing Bond Bill directs $1,000,000 to support Network members.

somervillecommunitylandtrust.org
5YouthBuild
Strategic tierSupportingTypeImplementation/ SI/ Consulting Partner
Description

SCLT is partnering with YouthBuild for the rehabilitation of 12 Pleasant Avenue, which will make the building environmentally and structurally safe and energy efficient.

somervillecommunitylandtrust.org
6299 Broadway (Mark Development, Beacon Communities, Samuels & Associates)
Strategic tierSupportingTypeStrategic or Co-development Partner
Description

299 Broadway partnership made possible SCLT's acquisition of 14-16 Sewall Street as part of the larger Start Market site redevelopment. The developer partnership is transforming the site with 200+ new housing units.

somervillecommunitylandtrust.org
7Prellwitz Chilinski Association (PCA)
Strategic tierSupportingTypeTechnology or Integration
Description

PCA is the architecture firm for the 297 Medford Street project. They are located 1.2 miles from the site in Inman Square, Cambridge.

somervillecommunitylandtrust.org
8Union Square Neighborhood Council (USNC)
Strategic tierCoreTypeStrategic or Co-development Partner
Description

USNC negotiated a Community Benefits Agreement with Somernova's developer that includes $50,000/year for 10 years to SCLT. USNC and SCLT co-host community meetings to discuss the CBA.

somervillecommunitylandtrust.org
Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
1Champlain Housing Trust
TypeDirect peer
Description

Burlington, VT-based community land trust, the largest and oldest in the US. Operates the same CLT model of permanently affordable homeownership and rental housing stewarded on community-owned land, making it the most directly comparable peer to SCLT (references the broader CLT movement).

2Dudley Street Neighborhood Initiative (DSNI)
TypeDirect peer
Description

Boston-based community land trust operating in Roxbury and North Dorchester, founded in the 1980s. Operates the same CLT model in Greater Boston; SCLT's Executive Director Ben Baldwin began his CLT career at DSNI, making it the most operationally comparable peer.

3Madison Park Development Corporation
TypeDirect peer
Description

Roxbury-based nonprofit developer of affordable rental housing in Greater Boston. SCLT's Executive Director spent four years there developing affordable rental housing, and the two organizations operate in overlapping Boston-area affordable housing ecosystems.

4Just A Start
TypeDirect peer
Description

Cambridge-based nonprofit developer of affordable housing and workforce training programs. Direct co-development partner with SCLT on the 297 Medford Street project (up to 60 apartments) and operates a comparable affordable housing development model in the Greater Boston market.

5Habitat for Humanity Greater Boston
TypeDirect peer
Description

Greater Boston affiliate of Habitat for Humanity, focused on affordable homeownership for low-income families. Active co-development partner with SCLT on the 14-16 Sewall Street project (3-5 family-sized affordable condos).

6Community Action Agency of Somerville (CAAS)
TypeDirect peer
Description

Somerville-based anti-poverty nonprofit; runs the Anti-Displacement Research Taskforce that monitors multifamily housing sales. Operational partner on SCLT's 'Rooted in Somerville' outreach program and tenant organizing at 12 Pleasant Ave.

7Grounded Solutions Network
TypeBroad incumbent
Description

National membership organization supporting community land trusts and shared equity programs across the US. Not a direct operator but the industry backbone for CLTs like SCLT, providing capacity building, advocacy, and the CLT 101/103 educational frameworks SCLT uses.

8Burlington Community Land Trust (dba Champlain Housing Trust)
TypeDirect peer
Description

Duplicate reference to Champlain Housing Trust; the Burlington CLT is the canonical peer benchmark for organizational scale and operating model.

9Greater Boston CLT Network
TypeBroad incumbent
Description

Coalition of community land trusts across Greater Boston advocating for state-level CLT funding and policy. SCLT is a member and benefits from the Housing Bond Bill's $1M allocation to Network members.

10YouthBuild Somerville
TypeEmerging player
Description

Workforce development and education nonprofit that partners with SCLT on the rehabilitation of 12 Pleasant Avenue. Not a direct CLT peer but a comparable mission-aligned affordable housing implementation partner in Greater Boston.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers4 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment4 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles17 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

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

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

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

Somerville Community Land Trust

Community Land Trust / Affordable Housingsomervillecommunitylandtrust.org

Somerville Community Land Trust is a 501(c)(3) nonprofit founded in 2018 that uses the community land trust model to acquire, preserve, and steward permanently affordable residential properties for lower- and moderate-income Somerville, Massachusetts residents at risk of displacement.

What Somerville Community Land Trust does

Somerville Community Land Trust (SCLT) is a 501(c)(3) nonprofit founded in 2018 and headquartered in Somerville, Massachusetts. Its function is to acquire, preserve, and steward permanently affordable residential and commercial properties in Somerville using the community land trust (CLT) model, in which the trust retains ownership of the underlying land and ground-leases the improvements to homeowners or commercial tenants under long-term affordability deed restrictions. As of late 2025, SCLT stewards four properties (7 Summer Street, 12 Pleasant Avenue, 14–16 Sewall Street, and 297 Medford Street), with the most recent acquisitions completed in June and September 2025.

The organization operates with a small core staff (Executive Director Ben Baldwin and Community Engagement Coordinator Andrés Bueno) supported by an 11-member volunteer board structured under the tripartite CLT governance model (one-third resident-leased holders, one-third community, one-third public officials). It serves lower- and moderate-income Somerville residents at risk of displacement from a rapidly appreciating housing market.

SCLT's business model relies on a mix of philanthropic grants, municipal funding, Community Benefits Agreement (CBA) proceeds tied to local development projects, and individual donations (sustaining donations reported at roughly $15,000 per year, with larger one-time gifts), alongside stewardship revenue from owned properties. Cumulative secured funding is approximately $3.2 million-plus. The go-to-market is community-led and grassroots rather than commercial: it depends on resident organizing, civic partnerships with the City of Somerville, and developer CBA counterparties. SCLT does not operate a technology platform or proprietary software product; its core "product" is the stewarded portfolio of permanently affordable real assets and the ground-lease contracts attached to them.

Somerville Community Land Trust firmographics

Firmographics
Name
Somerville Community Land Trust
Legal name
Somerville Community Land Trust
Website
https://www.somervillecommunitylandtrust.org
Company type
Private
Founded year
2019
Operating status
Operating
Headcount range
1–10 employees
Short description
Somerville Community Land Trust is a 501(c)(3) nonprofit founded in 2018 that uses the community land trust model to acquire, preserve, and steward permanently affordable residential properties for lower- and moderate-income Somerville, Massachusetts residents at risk of displacement.
Ownership category
akta.pro rank

Somerville Community Land Trust industry classification

Industry
Product category
Community Land Trust / Affordable Housing
NAICS
Lessors of Residential Buildings and Dwellings (53111), Land Subdivision (2372)
SIC
Land Subdividers & Developers (No Cemeteries) (6552), Investors, Nec (6799)
akta.pro primary industry
Affordable Housing & Community Development (Housing, Community Land Trusts) (BPAGALAC)
akta.pro secondary industry
Urban Renewal, Brownfield Redevelopment & Land Reuse (BPAIANAI)

Keywords

  • Community land trust
  • Permanently affordable housing
  • Nonprofit housing development
  • Community-owned real estate
  • Affordable homeownership programs

Where Somerville Community Land Trust is headquartered

Location

Headquarters

HQ city
Somerville
HQ country
United States
HQ region
North America

Offices1 record

Markets served

Somerville Community Land Trust business model

Business model
GTM type
B2C
Offering type
Services
Cost components
Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

  1. Donations and Fundraising: SCLT relies heavily on donations from individuals and organizations. The organization has sustaining monthly donors who contribute over $15,000 per year. Suggested donation is $25 per month, with $5-10 per month also accepted.
  2. Grants and Government Funding: SCLT receives funding from government sources including the City of Somerville, Somerville Affordable Housing Trust Fund, and state-level funding like the Housing Bond Bill ($1,000,000 for Greater Boston CLT Network members). Also receives MBTA Communities Catalyst Fund ($750,000 for 14-16 Sewall Street).
  3. Property Acquisition and Development: SCLT acquires properties through partnerships with developers, banks, and government agencies. Properties are then made permanently affordable through CLT ownership of land.
  4. Community Benefits Agreements: SCLT secures funding through negotiated Community Benefits Agreements, such as the Somernova CBA which would provide $50,000/year for 10 years ($500,000 total).

Pricing tiers

ModelBillingPrice
FreemiumMonthlyFree membership for Somerville residents

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Somerville Community Land Trust product offering

Product offering

Core offering

Somerville Community Land Trust (SCLT) is an independent, community-based 501(c)(3) nonprofit that acquires residential land and buildings in Somerville, Massachusetts and places the land under permanent community ownership to keep the housing permanently affordable. It acquires properties, rehabilitates them in partnership with developers, and offers the resulting units as permanently affordable homeownership or rental opportunities for low and moderate-income residents regardless of immigration status.

Product overview

Somerville Community Land Trust (SCLT) is a community-based nonprofit that does not operate a technology product. Its offerings are a portfolio of affordable housing programs and community engagement services centered on the community land trust model: acquiring land and placing it under permanent community ownership to keep housing affordable in perpetuity. The core products are four real estate properties (7 Summer Street with 5 ownership condos, 12 Pleasant Avenue with 6 rehabbed rental units transitioning to ownership, 297 Medford Street with ~50 planned affordable rental apartments, and 14-16 Sewall Street with 3-5 planned family-sized condos), supported by four volunteer committees (Events, Narrative & Communications, Real Estate, Fundraising), membership and community organizing programs (including the Rooted in Somerville outreach initiative), and educational programs (CLT 101, CLT 103 workshops). SCLT also maintains a public resource library with strategic plans and governance documents. All programs serve the mission of permanently affordable, community-owned housing in Somerville regardless of immigration status.

Differentiator

Problem solved

Functional benefit

Products and services

  • 7 Summer Street, Union Square A newly constructed five-unit condominium building in Union Square on land stewarded in perpetuity by SCLT, providing five permanently affordable homeownership units.
  • 12 Pleasant Avenue, Prospect Hill (Elijah Walker House) A six-unit historic multifamily building acquired in January 2024 that SCLT is rehabilitating with a General Contractor and YouthBuild partnership to be environmentally and structurally safe and energy efficient, after which existing residents can purchase their units as affordable condominiums by 2026.
  • 297 Medford Street, Gilman Square A planned 100% affordable residential building in Gilman Square developed in partnership with Just A Start on a former autobody site. The project will include approximately 50 new affordable rental apartments, with community design input.
  • 14-16 Sewall Street, Winter Hill A vacant lot acquired June 25, 2025, planned for development in partnership with Habitat for Humanity Greater Boston into approximately 3-5 family-sized, permanently affordable condos in a new triple-decker.

Quantifiable outcome

  • 11 permanently affordable homes created across 2 completed properties (7 Summer St and 12 Pleasant Ave)
  • +2 more outcomes

Companies that use Somerville Community Land Trust

Customer profile

Named customers4 records

Segments4 records

Ideal customer profiles3 records

Somerville Community Land Trust technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Somerville Community Land Trust partnerships and signals

Strategic signal

Partnerships

Eight partnerships are on record, tiered core and supporting.

  • Just A StartcoreStrategic or Co-development Partner · 25 September 2025Partnership with Just A Start to develop 297 Medford Street into a 100% affordable residential building with up to 60 apartments. Just A Start and SCLT jointly acquired the property and are working together on the community design process. This is SCLT's largest development project to date.
  • Habitat for Humanity Greater BostoncoreStrategic or Co-development Partner · 25 June 2025Partnership to develop 14-16 Sewall Street into approximately 3-5 family-sized, permanently affordable condos in Winter Hill. Habitat for Humanity Greater Boston is the development partner for this project.
  • Community Action Agency of Somerville (CAAS)coreStrategic or Co-development Partner · 1 January 2024CAAS and SCLT partner on multiple initiatives including the 'Rooted in Somerville' program, where CAAS's Anti-Displacement Research Taskforce monitors multifamily housing sales and both organizations jointly reach out to buyers and sellers. CAAS also provided organizing support to tenants at 12 Pleasant Avenue.
  • Greater Boston CLT NetworkcoreStrategic or Co-development PartnerSCLT is a member of the Greater Boston CLT Network, which advocates for CLT legislative priorities at the state level. The Network hosted the 2025 CLT State House Lobby Day. The Housing Bond Bill directs $1,000,000 to support Network members.
  • YouthBuildsupportingImplementation/ SI/ Consulting PartnerSCLT is partnering with YouthBuild for the rehabilitation of 12 Pleasant Avenue, which will make the building environmentally and structurally safe and energy efficient.
  • 299 Broadway (Mark Development, Beacon Communities, Samuels & Associates)supportingStrategic or Co-development Partner299 Broadway partnership made possible SCLT's acquisition of 14-16 Sewall Street as part of the larger Start Market site redevelopment. The developer partnership is transforming the site with 200+ new housing units.
  • Prellwitz Chilinski Association (PCA)supportingTechnology or IntegrationPCA is the architecture firm for the 297 Medford Street project. They are located 1.2 miles from the site in Inman Square, Cambridge.
  • Union Square Neighborhood Council (USNC)coreStrategic or Co-development PartnerUSNC negotiated a Community Benefits Agreement with Somernova's developer that includes $50,000/year for 10 years to SCLT. USNC and SCLT co-host community meetings to discuss the CBA.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Somerville Community Land Trust competitors and assessment

Company assessment

Direct peers

  • Champlain Housing Trust: Burlington, VT-based community land trust, the largest and oldest in the US. Operates the same CLT model of permanently affordable homeownership and rental housing stewarded on community-owned land, making it the most directly comparable peer to SCLT (references the broader CLT movement).
  • Dudley Street Neighborhood Initiative (DSNI): Boston-based community land trust operating in Roxbury and North Dorchester, founded in the 1980s. Operates the same CLT model in Greater Boston; SCLT's Executive Director Ben Baldwin began his CLT career at DSNI, making it the most operationally comparable peer.
  • Madison Park Development Corporation: Roxbury-based nonprofit developer of affordable rental housing in Greater Boston. SCLT's Executive Director spent four years there developing affordable rental housing, and the two organizations operate in overlapping Boston-area affordable housing ecosystems.
  • Just A Start: Cambridge-based nonprofit developer of affordable housing and workforce training programs. Direct co-development partner with SCLT on the 297 Medford Street project (up to 60 apartments) and operates a comparable affordable housing development model in the Greater Boston market.
  • Habitat for Humanity Greater Boston: Greater Boston affiliate of Habitat for Humanity, focused on affordable homeownership for low-income families. Active co-development partner with SCLT on the 14-16 Sewall Street project (3-5 family-sized affordable condos).
  • Community Action Agency of Somerville (CAAS): Somerville-based anti-poverty nonprofit; runs the Anti-Displacement Research Taskforce that monitors multifamily housing sales. Operational partner on SCLT's 'Rooted in Somerville' outreach program and tenant organizing at 12 Pleasant Ave.
  • Burlington Community Land Trust (dba Champlain Housing Trust): Duplicate reference to Champlain Housing Trust; the Burlington CLT is the canonical peer benchmark for organizational scale and operating model.

Broad incumbents

  • Grounded Solutions Network: National membership organization supporting community land trusts and shared equity programs across the US. Not a direct operator but the industry backbone for CLTs like SCLT, providing capacity building, advocacy, and the CLT 101/103 educational frameworks SCLT uses.
  • Greater Boston CLT Network: Coalition of community land trusts across Greater Boston advocating for state-level CLT funding and policy. SCLT is a member and benefits from the Housing Bond Bill's $1M allocation to Network members.

Emerging players

  • YouthBuild Somerville: Workforce development and education nonprofit that partners with SCLT on the rehabilitation of 12 Pleasant Avenue. Not a direct CLT peer but a comparable mission-aligned affordable housing implementation partner in Greater Boston.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Somerville Community Land Trust social profiles

Digital presence

Somerville Community Land Trust financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Somerville Community Land Trust leadership team

Management profile

Number of profiles

Profiles17 records

Somerville Community Land Trust funding detail

Funding detail

Funding overview

Funding rounds

Investors

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

Somerville Community Land Trust M&A and investment

M&A and investment

M&A

Investments

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

Frequently asked questions about Somerville Community Land Trust

What does Somerville Community Land Trust do?

Somerville Community Land Trust (SCLT) is an independent, community-based 501(c)(3) nonprofit that acquires residential land and buildings in Somerville, Massachusetts and places the land under permanent community ownership to keep the housing permanently affordable. It acquires properties, rehabilitates them in partnership with developers, and offers the resulting units as permanently affordable homeownership or rental opportunities for low and moderate-income residents regardless of immigration status.

Is Somerville Community Land Trust a public or private company?

Somerville Community Land Trust is a private company. It is classified as nonprofit foundation owned and is currently operating.

When was Somerville Community Land Trust founded?

Somerville Community Land Trust was founded in 2019. It employs 1 to 10 people.

Where is Somerville Community Land Trust based?

Somerville Community Land Trust is headquartered in Somerville, United States, in the North America region.

How does Somerville Community Land Trust make money?

Four revenue lines are on record. Donations and Fundraising is the primary driver. The others are grants and Government Funding, property Acquisition and Development and community Benefits Agreements.

Who are Somerville Community Land Trust's main competitors?

Direct peers on record are Champlain Housing Trust, Dudley Street Neighborhood Initiative (DSNI), Madison Park Development Corporation, Just A Start, Habitat for Humanity Greater Boston, Community Action Agency of Somerville (CAAS) and Burlington Community Land Trust (dba Champlain Housing Trust). Broad incumbents are Grounded Solutions Network and Greater Boston CLT Network. YouthBuild Somerville is listed as an emerging player.

Does Somerville Community Land Trust have an API?

No public API is recorded for Somerville Community Land Trust.

What industry is Somerville Community Land Trust in?

Somerville Community Land Trust's product category is Community Land Trust / Affordable Housing. Its primary akta.pro industry code is BPAGALAC, Affordable Housing & Community Development (Housing, Community Land Trusts), with a secondary code of BPAIANAI, Urban Renewal, Brownfield Redevelopment & Land Reuse. Its NAICS code is 53111 and its SIC code is 6552.

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