November
2020
30
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, prepared with partners at the New York City Community Land Initiative, City College of New York, and TakeRoot Justice, 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.