Watch Senior Economics Correspondent Oscar Perry Abello in conversation with Devin Culbertson, VP of Innovative Finance at Grounded Solutions — the latest in Next City’s Bottom Line Conversations webinar series. Community land trusts, or other forms of community-owned and controlled real estate, continue to make incremental progress across the country. The model has also moved beyond housing or agriculture in acquiring larger, more complicated commercial and cultural projects. As we discussed back in March with Saki Bailey of the San Francisco Community Land Trust, it’s now possible for a CLT to reach a point where it can compete to acquire a larger building — amid one of the hottest real estate markets in the country — using only private financing. Now, we’ll dive further into that conversation with Devin Culbertson. As vice president of innovative finance at Grounded Solutions, Culbertson works with CLTs and other organizations across the country to explore how local, state or federal resources can fill in capital gaps for acquisition, rehab or construction. We’ll talk with him about how the landscape for financing community-controlled real estate has changed (or not changed fast enough); what his ideal future would look like for CLTs; and who the key players are right now in the conversation about financing community-controlled real estate — as well as who should be key players but aren’t. Next City’s series “The Bottom Line” explores scalable solutions for problems related to affordability, inclusive economic growth and access to capital. The series is made possible with support from Citi. About Our Host [[person_1]] About Our Guest [[person_2]] This event is presented in partnership with Citi.