November
2023
2
New Research Shows Nonprofits Vastly Outdid For-Profits in Creation of Deeply Affordable Housing
As New Yorkers grapple with skyrocketing rents and homelessness, more than 20 community, affordable housing, and environmental justice groups joined local elected officials to rally at City Hall in support of the Community Land Act – a set of bills to bring land and housing into permanently-affordable community control, through community land trusts (CLTs) and other nonprofit social housing models. The coalition urged the City Council to pass the bills this session, to address root causes of the city’s affordability crisis and combat displacement in Black and brown communities.