Mahalo
Minneapolis, MN

CITY OF LAKES COMMUNITY LAND TRUST

EIN 06-1665031
Housing, Food & Basic Needs Affordable Housing & Tenant Rights Low-income
Mission

Creating community ownership that preserves affordability and inclusivity

IRS-recognized 501(c)(3) public charity Contributions are tax-deductible

About CITY OF LAKES COMMUNITY LAND TRUST

City of Lakes Community Land Trust (CLCLT) is a Minneapolis-based community land trust founded in 2002 that creates and stewards perpetually affordable homeownership opportunities within the City of Minneapolis. CLCLT acquires and holds land, sells or resells homes with long-term affordability controls, and provides homeowner supports aimed at long-term stability and asset-building for lower- and moderate-income households.

Since its founding CLCLT has scaled substantially: it reports managing 440+ homes in trust, assisting 565+ lower-income households into affordable homeownership, and facilitating 135 resales of CLCLT homes. In recent years the organization has expanded programmatic work to include a commercial land trust initiative, partnerships with the City of Minneapolis and other public funders, and leadership transitions that continued focus on equitable homeownership access.

Notable achievements

Scale: Hundreds of homes preserved

CLCLT has grown to steward more than 440 homes in trust and reports having assisted over 565 lower-income households into affordable homeownership since its founding in 2002, demonstrating long-term portfolio scale.

Resale milestone

The organization reached and surpassed key resale milestones (100th resale in 2021) and has facilitated 135 resales of CLCLT homes, preserving affordability through successive ownership transfers.

Program expansion and operational innovations

CLCLT formed City of Lakes Community Realty (CLCR) in 2016 to support resales and transactions and launched a Minneapolis Commercial Land Trust initiative in 2019 to extend land-trust tools to commercial spaces and small-business affordability.

At a glance

Total assets
$32.1M
Annual revenue
$13.3M
Tax status
501(c)(3)Public charity
EIN
06-1665031
Location
Minneapolis, MN
Website
www.clclt.org
On Mahalo since
September 2026

Financial figures from the IRS Business Master File, the IRS’s registry of tax-exempt organizations.

Recognition

Maintains public tax filings and nonprofit profiles (Form 990s) and is listed in national nonprofit databases and evaluators, reflecting reporting transparency expected of donor-facing charities.
Established partner of municipal and regional housing efforts — CLCLT has been a subrecipient of City of Minneapolis funding and has negotiated development agreements with city agencies to preserve and produce affordable units.
Cited in regional affordable housing coverage and housing-sector publications for its community land trust model and leadership in Minneapolis; recognized within the housing field as one of Minnesota’s largest community land trusts.

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