News & Events
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Let’s Be Real Episode 8: Neighbors Beyond Amazon
In this episode of Let’s Be Real, we speak with two organizers—Fahd Ahmed from DRUM (Desis Rising Up and Moving), and Sasha Wijeyeratne from CAAAV: Organizing Asian Communities—from the Neighbors Beyond Amazon coalition. Reflecting on the landmark victory to keep Amazon’s second headquarters, or HQ2, out of New York, Fahd and Sasha discuss the power…
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WBAI Living for the City: Land Trusts & Public Bank with Andy Morrison and Jamie Tyberg
WBAI Living for the City — Our Andy Morrison and New York Communities for Change’s Jamie Tyberg speak with host Michael G. Haskins about the Public Bank NYC campaign.
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Gotham Gazette: Little-Used Community Land Trust Model for Affordable Housing May See Big Boost
Gotham Gazette — Manhattan City Council Member Carlina Rivera is part of a growing coalition of Council members pushing for city government’s first major commitment to a seldom-utilized affordable housing model. In the face of rapid gentrification, they say, the city should invest $850,000 in Community Land Trusts, or CLTs, in the city budget currently…
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In These Times: Public Banking Can Fund the Zero-Carbon Economy
In These Times — Wall Street bankers in expensive suits stopped and snickered on their lunch breaks June 5, 2018, as an eclectic group of New Yorkers with megaphones and banners called them out for investing in socially destructive industries—including private prisons, predatory lending, weapons manufacturing and, of course, fossil fuels.
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How Financial Co-ops Are Helping Puerto Rico Rebuild — and Why It Matters for New York
New Economy Project recently sat down with Pablo DeFilippi and Rene Vargas Martinez from Inclusiv to learn about their work supporting financial cooperatives (or “cooperativas”) in Puerto Rico. While mainstream banks have been widely criticized for abandoning the Island or profiting off disaster, the cooperativas have been central to Puerto Rico’s resilience and recovery. The…
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CBS News: New Yorkers Say State Agency Snatched Their Tax Refunds
CBS News — David Evans, a 59-year-old New Yorker, was making a modest living working as a messenger and enjoying a state tax refund of $150 or $200. But in the last four years, his refund hasn’t been coming through, Evans told CBS News.
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City Limits: NY Can Reduce Redlining’s Residue by Backing Credit Unions
City Limits, Op-ed by Yuh-Line Niou and Maureen Genna — A Bloomberg report this month showed that the largest banks in the U.S., led by JPMorgan Chase, are closing branches rapidly in poor neighborhoods, even as they open new ones in affluent communities. In other news: water is wet.
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Brooklyn Daily Eagle: Brooklyn Facing Crisis in Housing Theft and Foreclosures, Advocates Say
Brooklyn Daily News — As real estate values in Brooklyn have gone through the roof, homeowners in gentrifying black and brown communities in the borough are increasingly being targeted by housing predators, legislators were told on Friday at Brooklyn Borough Hall.
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Gothamist: NYC Economic Justice Groups Refuse To Meet With Trump’s Consumer Financial Protections Bureau Head
Gothamist — In its original conception, the Consumer Financial Protection Bureau (CFPB) exists to impose oversight on our market such that you, the consumer, don’t get grifted by investors and lenders. Like so many other government institutions, however, the Trump Administration has turned that concept on its head. On Thursday, ahead of a scheduled meeting…
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Foreclosure Crisis Far from Over for NYC Neighborhoods of Color
More than a decade after the financial meltdown, how secure are New Yorkers from the threat of foreclosure? Our recent issue brief seeks to answer this question, based on our analysis of pre-foreclosure notices that mortgage servicers are required to send homeowners at least 90 days before filing a foreclosure action in New York State…