Nurse presents COPA as anti-displacement and preservation tool
Nurse says COPA lets trusted housing providers buy certain buildings, work with tenants, fix units, and keep the same tenants at permanently affordable rates. She argues building alone cannot solve the crisis, cites New Yorkers planning to leave over cost, and says COPA gives community-oriented buyers public oversight.
COPA lets trusted housing providers by certain buildings work with tenants,
fix these units up, and put those
same tenants back in those units at permanently affordable rates.
It is a critical anti-displacement tool.
And as one in five New Yorkers say they plan to leave within five years because it costs too damn much to stay, we can offer a chance.
We can't only build our way out of this crisis.
If we are serious about stopping displacement, buying and preserving some of the existing housing stock has to be a priority.
And that's what COPA does.
When a building is at risk, the people who live there and the surrounding community can get a real chance to fight for it.
It gives eligible landlords a pool of community-oriented buyers who know this work and know how to do it, and it brings these buildings under public oversight.