named programs · 2 · from sources
What they call their work
Community Governance Initiative
Evolves the CLT’s governance to include leaseholder residents and community members, ensuring community-led decision-making in neighborhoods where the CLT operates.
Permanently Affordable Homeownership Program
Provides low-income households with renewable 99-year ground leases for single-family homes and co-ops on land owned by Interboro CLT, ensuring long-term affordability and wealth-building.
activities · 3 groups
What they do
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Affordable Housing Development and Management 1 activity
- Develops and supports affordable housing projects through community land trustsDevelops and supports housing projects for low-income individuals by maintaining permanent ownership of land and providing renewable 99-year ground leases for single-family homes and co-ops, enabling affordable homeownership and rental opportunities.
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Nonprofit Capacity Building Services 1 activity
- Participates in capacity-building programs for community land trust developmentEngages in statewide training initiatives to strengthen organizational capacity in community land trust development, including completion of Enterprise's New York State Community Land Trust Training Series.
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Capital Infrastructure Funding 1 activity
- Secures public funding for affordable homeownership initiativesPartners with federal and state stakeholders to secure public funding for affordable housing, including $1.4 million in federal funds to support homeownership programs in Brooklyn.
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financials · form 990 · fy2024
revenue
Total revenue$194K
Contributions & grants$193K100%
Program service revenue$00%
Investment income$00%
Other revenue$960
expenses
Total expenses$175K
Program expenses77%
Admin / overhead23%
Fundraising0%
Salaries & benefits$0
Grants paid out$0
Largest expense lineProfessional Fees
balance sheet
Total assets$1.34M
Cash$0
Investments$500K
Liabilities$30K
Net assets$1.31M
Liquid reserves34.2 mo
3 years on record · 2020–2024 · YoY revenue +19.9%
leadership · form 990 part vii · fy2024
Who runs it
board members · 4
- Christie Peale — Board Chair
- Ismene Speliotis — Secretary
- Margy Brown — Treasurer
- Matthew Dunbar — Vice Chair
relationships · 9
Who they work with
- Center for NYC Neighborhoods Partner — Founding partner in the Interboro Community Land Trust collaboration
- Citi Community Development Funder — Founding corporate partner providing critical support to Interboro CLT
- Enterprise Community Partners, Inc. Partner — Provider of programmatic support and training to Interboro CLT
- Habitat for Humanity New York City Partner — Founding partner in the Interboro Community Land Trust collaboration
- MHANY Management, Inc. Partner — Founding partner in the Interboro Community Land Trust collaboration
- New York City Department of Housing Preservation and Development Government — Supporter of Interboro CLT through public funding and policy alignment
- Office of the New York State Attorney General Government — Supporter of Interboro CLT through public support and oversight
- Rep. Hakeem Jeffries Partner — Secured $1.4 million in federal funding to support Interboro CLT’s affordable homeownership programs in Brooklyn
- Urban Homesteading Assistance Board Partner — Founding partner in the Interboro Community Land Trust collaboration
strategies · 3
How they approach the work
Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.
- Community-Governed Development 40 orgsmethodology: community_governanceBy transitioning governance to include CLT residents and local community members, we produce equitable and sustainable development outcomes, because community-driven decision-making ensures alignment with local needs and builds long-term stewardship.shared approach: Community Land Stewardship →
- Permanently Affordable Homeownership via Community Land Trust 40 orgsmethodology: community_land_trustBy retaining ownership of land and capping resale prices and rents, we produce long-term housing affordability, because separating land ownership from home ownership protects against market pressures and ensures affordability across generations.shared approach: Community Land Stewardship →
- Racial Wealth Gap Reduction through Targeted Homeownershipmethodology: racial_wealth_gap_reductionBy creating favorable homeownership conditions for Black and Latino households, we produce greater wealth accumulation and economic mobility, because targeted access counteracts historical discrimination and systemic barriers to asset building.