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Next City Podcast: So Many Land Trusts Launched in NYC That They Created A Map
Next City Podcast — We talk about community land trusts, or CLTs, a lot at Next City. It’s about ownership: The community owns the lands and stewards the land. That means that the buildings on the land — including housing and other spaces like storefronts — can made affordable to own or to rent, in…
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New York Focus: How Eric Adams’s MyCity Portal Became a $100 Million Question Mark
New York Focus — Over the past two and a half years, Mayor Eric Adams’s administration has spent tens of millions of dollars building an online tool it says will transform all social services in New York City.
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Finger Lakes 1: NYS Bill Gives Tenants a Chance to Buy Their Apartment Building
Finger Lakes 1 — The Tenant Opportunity to Purchase Act would give tenants the first chance to buy their building if the owner decides to sell it. Renters could then work with community land trusts on the ownership model they want to have.
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Brick Underground: What is A Community Land Trust? How Does it Help Low-Income Buyers?
“TOPA will give tenants and community land trusts a powerful tool to take land and housing off the speculative market and expand the supply of deeply affordable, community-controlled housing in Black and brown neighborhoods,” said Chelsea Diaz, a Skadden Legal Fellow at New Economy Project.
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Finger Lakes 1: Tenant Groups Push for Stronger Housing Protections in New York Budget
Finger Lakes 1 — Nearly 70 tenant and community groups across New York State are calling on state lawmakers to pass the Tenant Opportunity to Purchase Act (TOPA) and allocate $250 million annually to support its implementation, arguing that stronger measures are needed to prevent corporate takeovers of rental housing.
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Next City: A New Map Tracks the Growth of NYC’s Community Land Trusts
Next City — Three decades after the iconic Cooper Square Mutual Housing Association paved the way for community land trusts in New York City, the New Economy Project is releasing the first-ever interactive map of community land trusts across all five boroughs.
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Demos: Public Banks for Public Good: Transformative Investments to Help Close the Racial Wealth Gap
Demos — For decades, the racial wealth gap has persisted, with the median white family now holding more than six times the wealth of the median Black family in the U.S. Evidence has long shown that commercial banks perpetuate this divide through discrimination and predatory practices. But growing support for public banks—financial institutions created by local governments and…
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Nonprofit Quarterly: What Does Finance for the People Look Like?
Nonprofit Quarterly — The seeds of a financial system that works for the public are already all around us, from credit unions and loan funds to community bonds and Green Banks. Public banks—created by governments and chartered to serve the public interest—offer a powerful model to advance racial equity, public accountability, and community self-determination.
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Capitol Pressroom: Closing Loopholes in New York’s Lending Laws
Capital Pressroom — New York has laws governing interest rates for loans, but these regulations aren’t capturing some of the latest evolutions of lending. We examine legislation looking to close these loopholes with the help of Andy Morrison, associate director of the New Economy Project.
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Queens Chronicle: Speaker gets more than 1K cards in CLA push
Community groups advocating for affordable homes amid the housing crisis delivered more than 1,000 postcards, festively wrapped, to the district office of City Council Speaker Adrienne Adams (D-Jamaica) in Jamaica on Monday.
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City Limits: Revived Third Party Transfer Program Could Expand Community Ownership in NYC, Supporters Say
By proactively targeting landlords who neglect their properties to turn a profit, a revamped Third Party Transfer program that prioritizes community ownership could help break the cycles of disinvestment, speculation, and displacement, supporters of the legislation say.
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1010 WINS: New Economy Project & Coalition Partners deliver 1000+ Community Land Act Postcards
On December 16, New Economy Project, Housing Conservation Coordinators, and NYCCLI coalition partners delivered over 1,000 holiday “gifts”—personally signed postcards from tenants and community members—to NYC City Council Speaker Adrienne Adams, urging her to pass the Community Land Act.