Public Charity

CLT Interboro CLT Housing Development Fund Corporation

CLT Interboro CLT Housing Development Fund Corporation, of New York, NY, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $194K in revenue, $175K in expenses, $1.3M in total assets. 3 publicly reported grants to this organization, totaling roughly $2.0M, appear in IRS filings.

EIN: 824363742 New York, NY Latest filing: 2024
Total Revenue$194K
Total Expenses$175K
Total Assets$1.3M
Grant Records3
Funding Total$2.0M
Filing Years2019–2024

Mission

Interboro CLT offers a new model for affordable homeownership in NYC. Interboro is the first, and only, citywide community land trust (CLT) in New York City. Our mission is to create and preserve permanently affordable homeownership opportunities for lower-income New Yorkers. Our pipeline and our future community includes limited-equity co-ops and single-family homes located in low-moderate income census tracts, primarily in the boroughs of Brooklyn, Queens, and The Bronx. The homes in our pipeline and our community will benefit those who would otherwise not have the opportunity to become homeowners, creating a pathway to financial stability for families while preserving economic and racial diversity in spite of gentrification. Interboro CLT is a collaboration between the Center for NYC Neighborhoods, Habitat for Humanity New York City and Westchester County, the Mutual Housing Association of New York, and the Urban Homesteading Assistance Board.

Officers & Directors

Board Chair Christie Peale
Secretary Ismene Speliotis
Treasurer Margy Brown
Vice Chair Matthew Dunbar

Officer compensation and complete director data available with membership.

Top Grant Purposes

Community Land Trust
$1,200,360 1 grant
COMMUNITY PRESERVATION AND DEVELOPMENT
$700,000 1 grant
Unspecified
$50,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $194K $175K $1.3M
2023 $162K $244K $1.4M
2022 $312K $312K $1.4M
2020 $1.1M $386K $1.8M
2019 $200K $369K $1.1M

Between 2019 and 2024, reported annual revenue declined from $200K to $194K (-3%), with total assets most recently reported at $1.3M.

Interactive year-over-year charts and full filing details available with membership.

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