Merger of Affordable Housing Not-For-Profits in Schenectady Approved Community Land Trust and Better Neighborhoods Inc. Combine Forces to Boost Schenectady Neighborhoods Schenectady, N.Y., January 28, 2021 -- Two housing organizations in Schenectady are coming together to create Better Community Neighborhoods, Inc. (BCNI). The goal of the merger is to create a powerful tool to further boost neighborhood building programs and services in Schenectady. The merger of Better Neighborhoods Inc., and Community Land Trust of Schenectady ...

The Better Community Neighborhoods, Inc. merger was initiated by two Schenectady-based philanthropic organizations focused on investing in the benefit and improvement of Schenectady neighborhoods, Wright Family Foundation and Little Family Foundation (the Foundations). In order to preserve and leverage the strengths and assets of Better Neighborhoods Inc. and Community Land Trust of Schenectady, the Foundations funded the costs of exploratory meetings and research and the eventual execution of a merger plan to create a single ...