“Fact-check: Can subsidies pay for community takeover of armory project?” misleads readers about how community land trusts work, and how housing finance works in order to shill for the real estate industry that is seeking to take over all of our public land at the Bedford-Union Armory.
The community land trust is a legitimate and viable option. Most models include housing experts, nonprofit developers, community residents and public officials working together to manage and steward the land. Community members have a say in the decision-making process and work alongside people with technical expertise to achieve shared goals.
Candidate Jabari Brisport:
In Crown Heights, nearly 60% of households are rent-burdened. This has led to surging evictions and record homelessness. Only 18 of the 386 units of housing proposed at the armory would actually be affordable to community residents. The inclusion of luxury condos and market-rate units is “let them eat cake” housing policy at its worst.