The mission of PIPCLT is to (re)develop and preserve long-term affordable commercial spaces through community driven ownership of land.
Vision
We envision neighborhoods as reflections of the economic, cultural and social wealth of a community, where residents claim spaces through decision-making power and ownership of land, and together are building a human-centered economy.
Values
Racial Equity — We work to explicitly address racial, gender, and economic disparities in our community. All decisions will be made using an intersectional equity lens. We strive to create a new narrative as we strengthen community assets.
Community Ownership — CLTs define land as being “community owned” because the land is entirely owned and managed by a community-based membership organization ensuring long-term agency over assets.
Community Engagement and Organizing — We believe that truly participatory community engagement involves shared learning and that decision making builds trust and will yield the highest impact for our community. Community will be engaged throughout the development process from property selection to business selection.
Anti-displacement — Displacement of community-owned businesses has psychological impacts on residents. We will use our resources to preserve and create affordable commercial spaces indefinitely. CLTs use long-term community ownership of land through a 99-year ground lease agreement, which has demonstrated effectiveness in combating displacement of occupants.
