Community Land Trust (CLT) Initiative

We are in the process of building a CLT to defend our homes and our neighborhood. The COVID-19 crisis has made our mission all the more urgent. Financial crises have had a devastating impact on East New York residents and the NYC Lien Sale has put numerous homeowners at risk.

How Do CLTs Work?

CLT Model

A tool for economic stability and community wealth generation

A Tool For Economic Stability

During the prior market meltdown, mortgage delinquencies and foreclosure filings were significantly lower among CLT homeowners than homeowners of unrestricted, market-rate properties.

Intervention to cure mortgage delinquency

Strategies include: Pre-purchase education; Pre/post purchase stewardship; Prevention of high risk loans; Detection of delinquencies; Intervention with delinquent homeowners

A Tool For Community Wealth Generation

CLTs also seek to preserve affordability for future generations through: Resale restrictions in the 99-year ground lease Property tax exemptions

THE LATEST FROM EAST NEW YORK CLT

ABOLISH THE TAX LIEN SALE!

In our community of East New York and Cypress Hills we have the greatest number of family homes on the tax lien sale. The homeowners and tenants who live in

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The East New York Community Land Trust Initiative
The East New York Community Land Trust Initiative2 days ago
NYC's tax lien sale is a missed opportunity to preserve land and housing for permanent public benefit at a time when it is most sorely needed. Read more in our report with TakeRoot Justice, New Economy Project, and John Krinsky, and urge your Council Member not reauthorize the lien sale! https://nyccli.files.wordpress.com/2020/11/community-land-trusts-and-the-tax-lien-sale-11.23.2020-final.pdf
The East New York Community Land Trust Initiative
The East New York Community Land Trust Initiative2 days ago
Thank you Council Member Antonio Brad Lander Darma Diaz‬ Councilwoman Alicka Ampry-Samuel-41st District, Brooklyn
Inez D. Barron, NYC Council District 42, Brooklyn NY‬ Carlos Menchaca Jimmy Van Bramer Rafael Salamanca Jr. @Council MemberCarlinaRivera Council Member Andrew Cohen @Fernandocabrera‬ Ben Kallos for pledging NOT to reauthorize any future lien sales! Our coalition appreciates your support! #abolishnyctaxliensale
The East New York Community Land Trust Initiative
The East New York Community Land Trust Initiative6 days ago
ENY CLT Clean up day "Take Back The Block"
The East New York Community Land Trust Initiative
The East New York Community Land Trust Initiative7 days ago
ENY CLT Clean up day - taking it back one block at a time
4 days ago
BIG NEWS! Congratulations to @EHEBCLT! We are so proud to be part of this strong and GROWING coalition of CLTs! https://t.co/jrsqidAEwz
4 days ago
READ OUR PROPOSED ALTERNATIVES TO THE NYC TAX LIEN SALE! BUT FIRST THE CITY MUST #ABOLISHTHELIENSALE! https://t.co/zfmE1khfKE
EastNewYorkCLT photo
TakeRootNYC @TakerootNYC
If you’re wondering what’s next after #AbolishNYCTaxLeinSale, our partners have an answer: prioritize #communitylandtrusts #clt. Read our report with @NewEconomyNYC @CityCollegeNY @NYCCLI here: https://t.co/q0PpRUM3zH https://t.co/7KK86XYgqN
7 days ago
ENY CLT Clean up day - taking it back one block at a time https://t.co/TcDoiZIlUu