On Thursday, November 2, 2023, Cooper Square Committee and This Land is Ours Community Land Trust joined elected officials and over twenty housing, environmental, and racial justice groups in front of City Hall to call for the passage of the Community Land Act.
The rally coincided with the release of new research analyzing public data; among other findings, the report showed that only 21.6% of units built by for-profit developers on public land are affordable to households making less than 30% of Area Median Income.
The Community Land Act includes two bills, both of which have majority support in the City Council. The first, Int. No. 637, 'Public Land for Public Good,' would require the city to prioritize nonprofits when selling off its land for the purpose of developing affordable housing. It has 33 sponsors. The second, 'Community Opportunity to Purchase' (or COPA), would give nonprofits the right of first refusal to purchase multi-family apartment buildings when they are sold. This proposal is modeled after similar laws in other cities, including D.C., where it has been in place since 1980. COPA has 32 sponsors.
It's time for City Council Speaker Adrienne Adams to call these bills up for a vote!