NYC Community Land Trusts Surge Tenfold Since '90s
NYC Community Land Trusts Surge Tenfold Since '90s

NYC Community Land Trusts Surge Tenfold Since '90s

News summary

Community land trusts (CLTs) are gaining traction in the U.S. as a viable solution to affordable housing challenges. In New York City, the New Economy Project has released an interactive map showcasing a ten-fold increase in CLTs since the early '90s, highlighting their role in providing affordable housing and community development. Similarly, in Bald Head Island, local officials are exploring the establishment of a land trust to conserve valuable properties and control development, reflecting growing community concerns about unchecked growth. The Proud Ground nonprofit in the Pacific Northwest exemplifies how CLTs support low-income families like Christin Carter's by facilitating affordable homeownership through a tripartite governance model that includes leaseholders in decision-making. The upcoming California Land Recycling Conference aims to address similar issues related to land revitalization and sustainable redevelopment. These initiatives point to a broader movement toward community-driven land management as a means to combat housing instability and promote equitable development.

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