Abolish the NYC Tax Lien Sale

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The tax lien sale, the practice of selling municipal debt to a private, investor-backed trust fuels speculation and displacement in Black and brown neighborhoods, and siphons wealth from communities already disproportionately harmed by historic inequities like redlining and disinvestment.

ENY CLT convened a citywide coalition which is calling on the City to abolish the tax lien sale, and develop an alternative system of tax collection and property disposition that promotes neighborhood stability and equity through supporting community land trusts (CLTs).

Read a report in support of the #AbolishNYCTaxLienSale campaign HERE.