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A hotly debated housing bill that would give nonprofits first dibs on property purchases — vetoed by former Mayor Eric Adams hours before he left office — is likely to get a new chance to pass under the Mamdani administration. Its sponsor is already anticipating lawsuits attempting to stop it.
Housing preservation groups could be first in line to buy troubled apartment buildings when they go up for sale under a City Council bill updated Monday to address pushback.
Over five years after it was first proposed, the Community Opportunity to Purchase Act (COPA) is expected to pass the City Council before the end of the year.
Event Comes as COPA Reaches Veto-Proof Supermajority in Council, and as Legislation to End the Predatory Tax Lien Sale Gets Pivotal Hearing
As housing crisis deepens, New Yorkers’ Halloween-themed action calls for permanently affordable community- and tenant-controlled housing
City Limits Opinion — From the South Bronx to East New York and beyond, communities are working to reclaim land for public good, take housing off the speculative market, and ensure permanent affordability—through community land trusts (CLTs) and neighborhood-led development.
City Limits — Social housing advocates rallied in Foley Square on Tuesday ahead of a City Council hearing on a package of bills aiming to de-privatize residential properties across the five boroughs.
More than 20 CLTs are organizing across the five boroughs—up from just two CLTs a decade ago. Through CLTs, communities collectively own and steward land, ensuring it is used for permanently affordable housing and other critical needs. CLTs are a flexible, proven model to protect public subsidy in affordable housing and advance neighborhood-led development without…
Bronx Buzz — Our Will Spisak speaks with the Bronx Buzz’s Gary Axelbank about the city’s growing community land trust movement.
We, the undersigned labor and community groups and Community Development Financial Institutions (CDFIs), write to urge you to take immediate actions, as outlined below, to repair and restore the NYS CDFI Fund to its intended purpose.