Photo by @web-betty/Flickr.
Members of the IMPACCT Brooklyn family will forever be grateful to the work and commitment of founding member Ms. Lucy Durand Sikes, who passed away in December. We hope you consider joining the greater Clinton Hill community celebrate her legacy on Saturday, Jan. 13.
We also hope to see you at our Community Meeting next week. Our team will be in East New York at New Lots Library on Thursday, Jan. 18 to hear your concerns and priorities in your community, as well as to make sure you have access to the resources you need to protect your tenant rights. You can RSVP for the meeting here.
City Limits: The NYC Community Land Trust Movement Wants to Go Big
The concept was originally conceived by Black farmers seeking to protect Black assets in the Jim Crow South but has in recent years become a strategy used in urban settings to help communities maintain affordable housing.
New York Times: Brooklyn Real Estate Prices Climb Higher
Neighborhoods in eastern Brooklyn, including Bedford-Stuyvesant, Crown Heights and East New York, saw the most gains, said Garrett Derderian, the director of data and reporting for Stribling & Associates, which also released a new report. The median price in those areas rose to $722,500, up 9 percent from last year.
Curbed NY: In 2017, NYC foreclosures reached its highest level since 2009
In Brooklyn, first-time auctions rose drastically from 898 in 2016 to 1,260 in 2017, with Canarsie and East New York logging the highest number of foreclosures within the borough.
Real Deal: Why one US city is paying for lower-income tenants to live in luxury buildings
“This is not a welfare program or anything like that. This is people who are working at hospitals, hotels and food service,” developer Mike Zoellner, who helped create the program told the Journal. “We want them in our community and we want them in our building.”.
Curbed NY: Here’s how HUD’s new housing voucher rule affects recipients
The findings showed that, in aggregate, the rule led to Section 8 voucher recipients having fewer overall affordable housing options. But a new report from New York University’s Furman Center estimates the effects of the SAFMR rule on the 24 metro areas where the rule will be implemented—and contradicts the conclusion from the pilot program.
