Village Preservation is part of a citywide coalition supporting the Community Opportunity to Purchase Act (COPA). COPA would give New Yorkers a powerful new tool to stabilize and protect existing affordable housing. It would give community land trusts and other qualified nonprofits a first right to buy multifamily buildings when a landlord decides to sell. The bill is modeled on similar legislation enacted in other cities and credited with preserving tens of thousands of affordable homes. It would help keep predatory interests away from our housing, stem the terrible loss of existing affordable housing we see throughout our city and neighborhoods, and help protect older building stock from speculative demolition. 

COPA has made strong progress in the City Council, with almost a supermajority of council members backing the bill. Join us in calling on them to pass COPA now, before the end of the year! 

TO HELP: