We propose that the City of New York establish a policy that title to the land on which all existing and newly created affordable housing is located be transferred to community land trusts. We also propose that all city owned vacant lots and buildings be transferred to a CLT and mechanisms for privately owned property to be “gifted” to a CLT also be created. We would urge state and federal governments to make similar commitments but the city can and should lead the way. There may be an advantage of having a single citywide CLT in New York City, but this should include strengthening existing CLTs or the creation of new neighborhood-based CLTs.
Community Land Trusts
