News & Events
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NYN Media: New York Can Make History With a Rochester Public Bank (Opinion)
NYN Media — The Legislature is poised to approve a groundbreaking bill that would bring public banking to New York – a major step toward building a just, transparent, and accountable financial system. Lawmakers must not waver in the face of inevitable backlash from the banking lobby.
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Electeds, Groups Rally at City Hall for Enactment of the Community Opportunity to Purchase Act
On Thursday, more than 50 community, housing, and environmental justice groups and elected officials rallied at City Hall for enactment of the Community Opportunity to Purchase Act (COPA), which would give community land trusts (CLTs) and other nonprofits a first right to bid on multifamily buildings when a landlord sells. COPA – which was reintroduced at Thursday’s…
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Spectrum News: Public Banking in New York
Spectrum News — Tousif Ahsan, Public Banking Campaign Organizer at New Economy Project, talks to Spectrum News about the potential of public banking in New York.
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New York State of Politics: Bill Would Establish Public Banking in New York, Starting in Rochester
New York State of Politics — A push is on to introduce public banking in New York state, and start the trend in Rochester. While a bill to allow municipalities to start their own public banks has floated around for several years, a focus on the Flower City is gaining traction.
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Groups, Electeds Hold Press Conference at Capitol, Calling on Albany to Bring Public Banking to New York
On Wednesday, lawmakers joined community and labor groups at the Capitol to demand Albany bring public banking to New York this legislative session. The coalition declared its strong support for a new bill, the Bank of Rochester Act (S9326/A10134) and continued to call for passage of the broadly-supported New York Public Banking Act (S1754/A3352).
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Groups, Tenants, Electeds Rally at City Hall, Demand Council Boost Community Land Trusts To Keep New Yorkers Housed
On Thursday, more than 50 community, housing, and environmental justice groups and elected officials rallied at City Hall for the Community Land Act, a slate of local bills that would give community land trusts (CLTs) tools to remove land from the speculative market and expand community- and tenant-controlled permanently affordable housing in Black and brown neighborhoods.…
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The City: Pushback Grows as Council and Mayor Hash Out Deal to Revive Property Debt Sell-Off
The City — With Mayor Eric Adams’ administration and the City Council in talks to revive a controversial property tax-collection program that died more than two years ago, some community advocates are pushing to keep the tax lien sales system in the ground.
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New York Law Journal – Commentary: Give New Yorkers a Consumer Protection Law They Can Actually Use
New York should pass the Consumer and Small business Protection Act as an urgent matter of racial and economic justice, writes Susan Shin, New Economy Project’s Legal Director, and Claudia Wilner, director of litigation and advocacy at the National Center for Law and Economic Justice.
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New Economy Project Receives $2 Million Gift From the Yield Giving Open Call
The tremendous gift will enable us to take on ambitious new projects that expand community ownership and democratize our economy.