CITYLIMITS.ORG | City Dips Toe Into Funding Community Land Trusts

Four New York City groups will receive a total of $1.65 million in funds from state bank settlements to assist in the development or expansion of community land trusts, the Department of Housing Preservation and Development (HPD) announced today. It’s a small amount of money, but many hope it is a first step toward supporting a stronger community land trust movement.