Voters have set up an unprecedented fight between progressive housing groups and real estate interests. It will be a brutal fight. For proof of this, housing advocates in New York need only to look at California.
Though much fanfare is showered on the CLT model, land trusts often struggle to get off the ground because very little support is available for those trying to create one or for existing CLTs looking to expand.
With funds from a settlement between the New York State Attorney General and major banks, 76 New York state municipalities are working to get abandoned and deteriorating homes back into productive use.