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CNN CNN Newsroom With Fredricka Whitfield June 4, 2024 17:44:00

collectively manage it. some residents eventually form a co-op and take ownership of their buildings, paying rent for the land. it may not seem like a lot to a lot of folks that have money or come from money. it s just, you know, we are just as much trying to build that generational wealth. reporter: today there are at least five community land trusts in los angeles, with more than 200 nationwide and counting. what s important is that we re now owners, her mom says. it was not easy, her dad reminds them. no. reporter: about an hour s drive sout from the hernandez home, we watched as the modular units arrived from the bay area, hoisted onto a truck and placed onto a cement foundation block by block. that beacon landing design we showed you earlier is quickly coming to life. affordable housing coming summer 2023. it s not only the nonprofits trying to help. factory os also aiming to ease the housing burden and commute

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