In her State of the City address last week, Council Speaker Adrienne Adams called for an additional $4 billion in next year’s City budget for affordable housing, nearly tripling Mayor Eric Adams’ proposed investment.
Ahead of the City’s tax lien sale this Friday, the Abolish the NYC Tax Lien Sale Coalition released a new analysis revealing the lien sale list includes 392 vacant lots that could support the development of over 3,600 affordable housing units. This represents a recurring missed opportunity for the City to partner with community land trusts (CLTs) to acquire these vacant lots and develop deeply-affordable housing for low-income New Yorkers, the organization said.
Last Saturday, the local community land trust (CLT) movement joined together for a three-borough day of action, with one united message: New York City must keep Public Land in Public Hands. At community actions in the Bronx, Queens and Brooklyn, groups pointed to vacant and underused City-owned land in their neighborhoods, and called on the City to transfer these sites to CLTs for permanently-affordable housing and community-controlled development.