No, nor me I have to confess.
It stands for Community Land Trust projects and it exists to provide heavily discounted homes to those who cannot afford to get on the housing ladder.
The prices are linked to the average local wage.
Phil Spencer of Location, Location, Location fame used a local CLT to help a couple struggling in Southwark.
The market price of a two bed in Southwark sell for £600k and the CLT was selling similar properties for £180k.
Who could argue that a CLT has a noble aim but is it the answer?
Or does interference in the markets cause more problems?
Could you argue that it is interference in markets that has caused sky rocketing prices in the first place?
All valid questions, but no easy answers.
PHIL SPENCER: FIND ME A HOME sees the Location, Location, Location presenter search for homes on behalf of low paid families and the young who are amongst the victims of the nationwide housing crisis.