User:KensingtonKing/Kensington Corridor Trust

Kensington Corridor Trust is a non-profit neighborhood land trust located in the Kensington neighborhood of Philadelphia, Pennsylvania, United States. Founded in September 2019 in a partnership between four separate Philadelphia based organizations, KCT is one of the first neighborhood land trusts in the United States. The trust utilizes the neighborhood land trust or steward-ownership model where it buys commercial and residential properties for the neighborhood along Kensington Avenue from Lehigh Avenue to Glenwood Avenue – the “Corridor”. By buying and stewarding land for the community, the trust takes it out of the speculative market and seeks to preserve affordability in a rapidly gentrifying section of the city, provide the community with control, prevent wealth extraction, and foster local entrepreneurship.