New York · Nonprofit
CLT Interboro CLT Housing Development Fund Corporation
CLT Interboro CLT Housing Development Fund Corporation (New York) receives grants from 3 organizations whose IRS filings report $1,950,360 to it, the largest being THE CENTER FOR NEW YORK CITY NEIGHBORHOODS INC ($1,200,360). 0 of them have funded it in more than one year.
- Revenue FY2024
- $194k
- Funders on record
- 3
- Grants received
- $2.0M
- Net assets
- $1.3M
What CLT Interboro CLT Housing Development Fund Corporation does
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.
As stated on its FY2024 Form 990.
Program
2024 saw continued progress on the permanently-affordable homeownership projects in Interboros pipeline. In May, the groundbreaking for Habitats Mosaic project in the Bed-Stuy section of Brooklyn took place. This project will create 42 permanently-affordable co-op units that will go on the CLT. In December, finalization of a legal opinion letter by SONYMA, Habitat, and Interboro enabled the first sales and closings of Habitats Net Zero single-family homes (all 15 of which will go on the CLT) to proceed. In addition, Interboro made extensive preparations for the onboarding of new homebuyers to the CLT. Habitat and Interboro concluded a series of interactive information sessions and pre-purchase education webinars for Net Zero homebuyers. We updated our website to include document-hosting capabilities so that homeowners can access key CLT documents. We purchased and set up HomeKeeper, a web-based client management system to track our delivery of services to, and to collect the demographic data of, homeowners. We also held an open house at a newly-built Net Zero home for our founding partners former and current funders, and at the same home we hosted the site visit of a delegation…
$134,613 spent100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $134,613.
The organization over time
Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $1.1M to $1.8M (+63%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
100% of CLT Interboro CLT Housing Development Fund Corporation’s revenue is contributions — more reliant on donations than three-quarters of its peers (37% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 7 reported years ran a deficit.
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Board chair
Christie Peale
Board Chair
As listed on its FY2024 Form 990.
Who funds it, year by year
2018 → 2022: the base held at 1 funder, grant income fell $1.2M → $50k.
From the IRS filings of CLT Interboro CLT Housing Development Fund Corporation’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
CLT Interboro CLT Housing Development Fund Corporation leans on a few funders — its largest provides 62% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund CLT Interboro CLT Housing Development Fund Corporation.
Largest funder’s share by year: 2018 100% · 2020 100% · 2022 100% — broadly stable.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
62% of CLT Interboro CLT Housing Development Fund Corporation's grant income comes from New York funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
CLT Interboro CLT Housing Development Fund Corporation runs a healthier operating margin than half of the 7,828 housing & shelter nonprofits its size.
this organization peer median middle 50% of peers· 7,828 housing & shelter nonprofits $100k–$1M, FY2024
Organizations like CLT Interboro CLT Housing Development Fund Corporation
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In New York
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
77% of spending goes to programs.
Governance
Public support
89%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for CLT Interboro CLT Housing Development Fund Corporation: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds CLT Interboro CLT Housing Development Fund Corporation?
- CLT Interboro CLT Housing Development Fund Corporation (New York) receives grants from 3 organizations whose IRS filings report $1,950,360 to it, the largest being THE CENTER FOR NEW YORK CITY NEIGHBORHOODS INC ($1,200,360). 0 of them have funded it in more than one year.
- How many funders does CLT Interboro CLT Housing Development Fund Corporation have?
- IRS filings report 3 organizations giving $1,950,360 in grants to CLT Interboro CLT Housing Development Fund Corporation.
- Who is the largest funder of CLT Interboro CLT Housing Development Fund Corporation?
- THE CENTER FOR NEW YORK CITY NEIGHBORHOODS INC is the largest funder on record, with $1,200,360 in grants. The full list of funders is on this page.
- How can an organization like CLT Interboro CLT Housing Development Fund Corporation find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in New York. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds CLT Interboro CLT Housing Development →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2018–2024), and the filings of 3 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing