Profile
Kensington Market Community Land Trust is a community based nonprofit corporation. We were formed through years of neighbourhood wide planning, co-development and community-led design, and incorporated in 2017. We have hundreds of members, with more signing up everyday, over 50% of which either work or live in Kensington Market. Dozens of our members are extremely active through our board and committee structure, advising our staff and consultants on everything from membership engagement to real estate acquisition.
We own and directly operate a mixed-use building with 12 residential units at a wide range of affordability. In 2022, we were announced as a recipient of the Canadian Housing and Mortgage and Housing Corporation’s National Demonstrations Project featuring land assembly and community land trust (CLT) solutions for affordable housing provision across Canada.
We are the founding community partners of FairBNB Canada, receiving the proceeds of their booking fees as a social enterprise alternative to other short term rental platforms in Canadian cities. We are also partners with Tapestry Community Capital, successfully receiving grant funding to explore the potential of community bonds as enablers of the CLT model. For the past five years, we have been partners with the University of Toronto’s School of Cities, and the Affordable Housing Challenge Project, receiving multiple rounds of research grants together.
We are active members of the Canadian Network of CLTs, and are supporting their development of a groundbreaking CLT technical assistance program in order to scale other CLTs around Canada. The Toronto based group of CLTs own hundreds of housing units, nationally CLTs own thousands of housing units. This deeply collaborative network provides a ride range of expertise, support and stability to its member CLTs.