Community Land Trusts, Gentrification and the OZ

Community Land Trusts, Gentrification and the OZ, Dan Bitner, MBA speaks with Julius Kimbrough from the Crescent City Community Land Trust in New Orleans, Louisiana, and Val Orseli from Cooper Square Mutual Housing Association in NYC’s Lower East Side. In this episode, we explore gentrification pressures and how CLTs can act as a bulwark for affordability in rapidly changing neighborhoods. Dan Bitner leads listeners through the basics of how CLTs operate and learns about innovations on the CLT model from our guests. These innovations include: the scattered site CLT in the Lower East Side which now encompasses over 20 buildings, and the use of predial servitude and deed restrictions in mixed income, mixed use buildings such as the newly restored Pythian building in New Orleans. We end by asking our guests for their insights into the current opportunities and challenges for the CLT model.