community land trusts
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(Archive) Take Action: Support Community Land Trusts Today!
As the Mayor and City Council finalize next year’s budget–expected to be the largest in NYC’s history–we are calling for strong support for community land trusts (CLTs). Join us in calling for full funding of the $1.5 million Citywide Community Land Trust Initiative!
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New York CLTs Unite!
Community land trusts (CLTs) are on the rise across New York State, working to give communities control over land and housing. New Economy Project recently organized a virtual learning exchange for NYC Community Land Initiative members and two of our upstate CLT neighbors: City Roots CLT, in Rochester, and the Fruit Belt CLT, in Buffalo.
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The Appeal: New York City Considers a Bold Idea to Keep People From Being Pushed Out of Their Homes
The Appeal — Across New York State, millions of tenants are at risk of eviction and property values are falling. A recent analysis found that New York City renters in neighborhoods hit hardest by COVID-19—largely Black and Latinx communities—face nearly four times the number of eviction cases as less hard-hit areas. Local housing justice advocates fear a repeat of the…
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Testimony to the New York City Council Committee on Economic Development Preliminary Budget Hearing for FY 2022
New Economy Project and 17 partner organizations in the CLT Initiative seek $1.51 million in City Council discretionary funding in FY2022. We urge the Committee to support this funding request and ensure that CLTs continue to play a key role in stabilizing communities, combating speculation, and promoting a just recovery in Black, brown and immigrant…
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Testimony to the NYC Council Committee on Housing and Buildings, and Subcommittee on Capital Grants Preliminary Budget Hearing for FY 2022
New Economy Project coordinates the Citywide Community Land Trust (CLT) Initiative, launched in FY2020 to strengthen and expand CLTs and permanently affordable housing, commercial and community spaces, across NYC. In less than two years, the Initiative has made major progress–helping to launch and expand CLTs in the South and Northwest Bronx, East Harlem and the…
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NYC Council Lays Groundwork to Abolish Giuliani-Era Lien Sale
The City Council has passed legislation charting the course for ending New York City’s tax lien sale, and replacing it with an equitable municipal debt collection system that preserves affordable housing and stabilizes Black and brown NYC neighborhoods.
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Testimony Before the NYC Council Committee on Housing and Buildings, Oversight Hearing on Community Land Trusts and Land Banks
NYC needs transformative, community-led solutions to our city’s affordability crisis that advance racial equity and a just recovery. I am pleased to testify in support of Intro 1977, the Community Opportunity to Purchase Act (COPA), and Intro 118-A, to establish a municipal land bank. Passage of these bills will give communities–and the City, itself–new tools…
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Testimony Before the NYC Council Committee on Finance, on Reauthorization of the NYC Tax Lien Sale
We urge the Council not to introduce legislation reauthorizing the tax lien sale, and work with community partners, including community land trusts (CLTs), to develop an alternative and equitable system to address property tax arrears and, when appropriate, property disposition. The City’s practice of selling municipal debt to a private, investor-backed trust fuels speculation and…
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Commodifying Our Communities: The Case for Abolishing NYC’s Tax Lien Sale and Prioritizing CLTs in a New Tax Collection and Property Disposition System
This memo provides a brief introduction to CLTs and proposes alternatives to the lien sale that prioritize CLTs, in partnership with mission-driven, nonprofit developers, as both resources for vulnerable homeowners and recipients of foreclosed properties.
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Sankofa and Self-Determination: Learning from Seattle’s Africatown CLT
This is the third in a series of reports on exchanges with community land trusts across the U.S. Read more about our visits with CLTs in Boston and California. New Economy Project was thrilled to connect recently with Africatown Community Land Trust in Seattle, WA, to learn about its work on community land ownership as a…