NYN Media — With over half of New York City tenants spending nearly a third of their income on rent, affordable housing is crucial to ensuring a safe future for New Yorkers. That’s why advocates in have rallied and thrown their support behind the Community Land Act, a package of bills before the New York City Council that would provide nonprofits and community land trusts with the resources to develop permanently affordable housing. Community land trusts hold land under community control, thus guaranteeing the community derives benefits from it. Spearheading this campaign is the NYC Community Land Initiative, a coalition of housing organizations trying to expand social housing.
Over the past fifteen years, New York City’s CLT movement has grown significantly. Amidst the city’s growing housing affordability and homelessness crises, several grassroots movements coalesced around CLTs. We collaborated with the Pratt Center for Community Development to showcase the powerful and growing movement for CLTs in NYC.
New York Amsterdam News — Passionate Black and brown housing advocates from across New York City rallied at City Hall last Thursday to demand the passage of “social housing” bills that would address the city’s housing crisis.
AM New York — Progressive City Council members have renewed their push for legislation aimed at reducing housing speculation by giving nonprofits and community land trusts priority on purchasing housing that come up for sale.
The Community Land Act is a bold legislative package that will give CLTs and other nonprofits tools to acquire land for permanently affordable social housing, affordable commercial and community spaces, and other critical needs. We urge the Committee and Council to pass the Community Opportunity to Purchase Act, or COPA (Int. 196), Public Land for Public Good (Int. 637), and Resolution 38 in support of the NYS Tenant Opportunity to Purchase Act, or TOPA.
Ahead of City Council oversight hearing, legislation sponsors, NYC Community Land Initiative, Housing Justice For All, and non-profit affordable housing developers made the case for transformative social housing bills
New York’s 2023 legislative session is underway, and New Economy Project is working with groups statewide to advance a bold policy agenda that builds wealth and power in Black, brown, and immigrant communities.
Next City — New York City is inching closer to passing crucial legislation that would strengthen its community land trust movement. A bill that would give nonprofits and community land trusts the right of first refusal when a private landlord sells residential housing has enough co-sponsors to become law, as does another piece of legislation requiring the city to prioritize nonprofits when developing public land for public use.
A system to replace NYC’s tax lien sale should advance critical affordable housing and equitable development goals. This report outlines a framework through which New York City can enforce the collection of property tax arrears and other debts, in ways that prevent the displacement of vulnerable homeowners, preserve affordable rental units, and expand the pipeline of properties for new development.
Do you want to see public banking and community land trusts thrive in New York City?
Send a message to your Council Member urging them to pass the “Community Land Act” and the “People’s Bank Act” today.