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In the News
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Picture the Homeless Blog: Community Land Trusts are a Huge Success at Talking Transition – AND BEYOND
Picture the Homeless — Maybe we’re just a little giddy about the impending regime change here at home, but Picture the Homeless has been so excited to be part of the conversations taking place in the Talking Transition tent down on Canal Street at 6th Avenue.
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Northhattan: East Harlem May Seek Innovative Way to Fund Housing
Northhattan — A group of urban planners, academics and housing advocates hope to create a community land trust for East Harlem in an attempt to make not create increase options for real affordable housing options.
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Wall St. Journal: Financial Watchdog’s Key Tool: Consumers’ Complaints
Wall Street Journal — Thousands of consumer complaints about credit cards, home loans, debt collectors and payday loans are turning into a pivotal tool for a new federal consumer watchdog as it steps up scrutiny over the financial system.
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NBC Latino: A Loan Fund Gives DREAMers A Chance to Apply for Deferred Action
NBC Latino — Alejandra Salas doesn’t have any memories of Mexico. Her mother crossed the Mexican border bringing Salas, at the time 1, with her.
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YES! Magazine: Commonomics: How to Build Local Economies Strong Enough for Everyone
YES! Magazine — Chokwe Lumumba was an unlikely candidate for high office in Mississippi. But last June, the former Black Nationalist and one-time attorney to Tupac Shakur was elected Mayor of Jackson. He’s now in hot pursuit, not of big box stores or the next silver bullet solution to what ails the state’s capital city.…
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Wall St. Journal: New Loan Rules Set as Complaints Linger
Wall Street Journal — More than a year after five large banks agreed to pay $25 billion and improve their foreclosure practices, the lenders are facing fresh criticism for failing to live up to their end of the bargain.
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In These Times: New York City Immigrants Test a New Economic ‘Bridge’
In These Times — For all the supposed potential of the “American Dream,” immigrants in New York City often have a terrible time redeeming its promise. Many arrive in the United States with no financial grounding or burdened by a heap of debt; others can spend years priced out of financial credit by poverty and…
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Univision: Ayuda Financiera Para Inmigrantes Acogidos por Acción Diferida
Univision Nueva York — New Economy Project’s Deyanira Del Rio speaks with Univision about the NYC DREAMer Loan Fund.
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News 12 Bronx: Gov. Andrew Cuomo Cracks Down on Illegal Online Payday Loans
News 12 Bronx — Gov. Andrew Cuomo is cracking down on online companies offering illegal payday loans.
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Daily News: Cuomo Guts the Loansharks
Daily News — With little fanfare or warning, the Cuomo administration has dealt a crippling blow to the payday lending industry, an unsavory collection of financial bottom-dwellers who profit by saddling the desperate and the unwary with loans that frequently exceed 700% — and in some cases, even top 1,000% in annual interest charges.