1. The Core Concept
Traditional development combines land ownership and business operations into one entity. This forces
businesses to maximize profit to pay for rising land value, often leading to gentrification and mission
drift.
The Solution: We decouple them.
Entity A: The Steward (CLT)
A Non-Profit Community Land Trust.
- Owns the Land (Forever)
- Removes land from speculative market
- Issues 99-Year Ground Leases
Entity B: The Host (OpCo)
A For-Profit Operating Company (LLC/PPT).
- Owns the Improvements (Buildings)
- Runs the Hospitality Business
- Pays Lease fees to CLT
2. The Perpetual Purpose Trust (PPT)
While the CLT protects the land, the Perpetual Purpose Trust (PPT) protects the *mission* of the operating company. Unlike a standard C-Corp which *must* maximize shareholder value, a PPT exists to serve a defined purpose.
3. Solving the Housing Crisis
- Cost Reduction: By removing the land cost (held by CLT), we reduce the entry price for staff housing by ~30%.
- Equity Growth: Staff members purchase the *house* (improvements) and gain equity in the structure.