Enterprise's Community Land Trust Initiative
In the summer of 2017, in partnership with the New York State Office of the Attorney General, Enterprise launched a groundbreaking $4.2 million grant program to support the formation and development of six community land trusts (CLTs) throughout New York State, as well as a CLT Learning Exchange comprised of nine community-based organizations (CBOs). While a significant portion of the funding was invested directly into innovative projects, a meaningful portion was also invested into staffing and operations, expenses that are difficult to fundraise for but are vital to the development and execution of innovative strategies.