“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.