Land ownership is the most straightforward way for people to control the land they live on. Community land trusts (CLTs) are non-profit organizations that treat land as a public good.
Stability of place allows people living or working in a neighborhood to build community and resilience. A CLT allows the community to keep the wealth it creates by maintain affordability and ensuring that new uses and users are community-focused. CLTs lease the land they own to non-profit building owners, homeowners and community institutions; the terms in those long-term leases define the present and future of the CLT’s land. They typically include rent and resale formulas.
TakeRoot’s Equitable Neighborhoods team provides legal and technical support to CLTs and grassroots organizations developing new CLTs in order to preserve long-term affordability and economic investment in their communities. Our clients include the East Harlem/El Barrio Community Land Trust and the Bronx Community Land Trust (incubated by the Northwest Bronx Community & Clergy Coalition).
TakeRoot also advocates for policies that will support CLTs focused on creating and preserving deeply affordable housing citywide as a member of the New York City Community Land Initiative (NYCCLI).
Read our 2020 policy priorities here: For a Just Recovery, Give Communities Control of Land.
Testimony before the New York City Council Committee on Land Use Preliminary Budget Hearing for FY 2020 (March 7, 2019): TakeRoot, in partnership with the New Economy Project and the Cooper Square CLT in the Lower East Side, testified to ask the City Council to include funding in the FY 2020 budget for a Community Land Trust (CLT) Initiative, of which TakeRoot is a member. You can watch the hearing here; TakeRoot’s testimony begins at 3:26:17. TakeRoot and our partners were successful in securing $870,000 of discretionary funding in the 2020 City budget for the development and expansion of CLTs.
Testimony on Intro 1269, A Bill in Relation to the Creation of Regulatory Agreements with Community Land Trusts (10/19/2017): TakeRoot spoke in support of this bill as a foundation on which to build a regulatory framework around CLTs. TakeRoot also endorsed suggestions by the New York Community Land Initiative for improving the bill to ensure that CLTs are truly a vehicle for creating and preserving housing for low income families.
Photo: The best-known CLT in New York City is Cooper Square, which holds land on which 22 buildings are located. The buildings themselves are owned by MHAs, which manage the buildings for residential and commercial tenants, and have converted many of the apartments to co-op ownership. This structure has kept rents and co-op fees affordable in the midst of rapid gentrification elsewhere in the Lower East Side.