ABOUT ACLT

Albany's real estate market is leaving low-income families behind, with few able to afford homeownership. Rents are rising, displacing low-income families and shrinking the supply of affordable housing.

Since 1987, Albany Community Land Trust (ACLT) has been acquiring, renovating, and retaining homes for affordable rentals or reselling homes to eligible buyers, bringing a much-needed, long-term perspective to Albany's affordable housing efforts. ACLT homeowners and tenants are members of the Land Trust, enabling ACLT to build a community-controlled base for affordable housing that benefits both current and future residents.  

The land trust model ensures continued affordable housing opportunities. This approach allows ACLT homeowners to enjoy equity, security, and legacy while strengthening community bonds. ACLT tenants benefit from local management committed to offering quality, affordable housing.

Our Mission

  • Affordable Housing Development for low-income individuals and families

  • Preservation of affordability, ensuring long-term affordability for future generations

  • Community improvement, promoting economic opportunities, and combating community deterioration

Michael Tereski
Property Manager
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Our Impact

We have made a significant impact on the Albany community by providing high-quality, affordable housing solutions for low-income families. Our efforts have revitalized neighborhoods and created lasting opportunities for economic stability and growth.

  • 60 Affordable Rental Units, managed across 38 buildings

  • 37 Homes Sold to eligible homebuyers

  • 4 New Units in Development, for affordable rental and homeownership

  • $3.1 Million in Assets supporting our mission

Our Team

Meet the dedicated team behind ACLT, including our passionate staff and committed Board of Directors. Together, they work tirelessly to ensure affordable housing and community development in Albany.

Susan Cotner
Executive Director
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Our Board

The ACLT Board of Directors has three equal categories of members:

  •  General Representatives are tenants and property owners in Albany.

  •  User Representatives are ACLT homeowners and tenants elected by ACLT residents.

  •  Public Representatives are members of the public at large who represent broader public interests

Strategic Partners

We work closely with several local non-profit organizations, including:

Valerie A. Moseley
Assistant Property Manager & Program Director
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Michael Williams
Gun Violence Prevention Coordinator
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Metorcery Wilson
Neil Hannan
Roger Markovics
Nishaea Richardson
Patricia Blunt-Bey
Herb McLaughlin
James Waugaman
Martha Codio

This includes shared office space and staff sharing arrangements with the Affordable Housing Partnership. We partner with United Tenants of Albany to provide support and assistance to ACLT tenants. We obtain capital for acquisition and rehabilitation to develop affordable housing for tenants and homeowners from the Community Loan Fund.

Community Initiatives

We are actively involved in community-based strategies to reduce gun violence and stabilize neighborhoods, funded by the NYS Division of Criminal Justice Services. Our initiatives include supporting community groups, beautifying vacant lots, and connecting young people to jobs and services. Learn more >>