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Community Land Trust advocates seek $3 million citywide initiative expansion
Summary
Community land trust organizers and community-based CLTs told the council that modest, multi-year discretionary funding has been catalytic for tenant organizing and acquisitions and urged the council to double the CLT initiative to $3 million to expand staffing, technical assistance and tenant-to-owner conversions across neighborhoods.
Representatives of multiple community land trusts — including groups from the Bronx, Queens, Brooklyn and Western Queens — told the council that a citywide Community Land Trust (CLT) initiative supported with discretionary council grants has enabled early-stage organizing, tenant technical assistance and the first multifamily acquisitions and conversions to community ownership.
Speakers including leaders from the East New York Community Land…
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