Welcome to the Capital Region Community Investment Trust (CRCIT)

Located at 153 South Pearl Street in the heart of Albany, NY, the Capital Region Community Investment Trust is a groundbreaking initiative that allows residents to directly invest in—and benefit from—their own neighborhood’s success.

What is a Community Investment Trust?

A Community Investment Trust (CIT) is a financial tool that gives everyday people—especially those who may be excluded from traditional investment opportunities—the chance to buy shares in a local real estate project. These trusts create an inclusive, community-based model of wealth-building and neighborhood ownership.

About the Capital Region CIT

The Capital Region CIT is housed at 153 S Pearl St, a mixed-use building that serves as a vibrant community anchor. Through this project, local residents have the opportunity to become partial owners in a real estate development that includes office, retail, and community space.

This initiative is:
• Inclusive – Designed to make investing accessible to working-class individuals and families.
• Local – Keeps wealth and ownership within the community.
• Transparent – Shares are affordable, and investors receive regular updates and dividends.
• Empowering – Allows residents to take part in the economic revitalization of their own neighborhood.

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How It Works
1. Residents Learn – Free community workshops and resources help individuals understand how investing works.
2. Residents Invest – Eligible residents can purchase shares in the property at an affordable price.
3. Residents Earn – Investors receive annual returns based on property performance, helping build long-term financial stability.

Why It Matters

The Capital Region CIT addresses a deep need in communities like Albany’s South End: access to shared prosperity. By helping residents become stakeholders in their neighborhoods, the trust strengthens the bonds between people and place, combats displacement, and creates generational wealth.