News & Events
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Brick Underground: What is A Community Land Trust? How Does it Help Low-Income Buyers?
“TOPA will give tenants and community land trusts a powerful tool to take land and housing off the speculative market and expand the supply of deeply affordable, community-controlled housing in Black and brown neighborhoods,” said Chelsea Diaz, a Skadden Legal Fellow at New Economy Project.
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Nearly 70 Tenant and Community Groups Urge Albany to Pass Tenant Opportunity to Purchase Act in State Budget
Nearly 70 tenant and community groups from across New York State delivered a letter to Senate Majority Leader Andrea Stewart-Cousins and Assembly Speaker Carl Heastie, urging them to include the Tenant Opportunity to Purchase Act (S401) in this year’s state budget—along with $250 million annually to support its implementation.
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Finger Lakes 1: Tenant Groups Push for Stronger Housing Protections in New York Budget
Finger Lakes 1 — Nearly 70 tenant and community groups across New York State are calling on state lawmakers to pass the Tenant Opportunity to Purchase Act (TOPA) and allocate $250 million annually to support its implementation, arguing that stronger measures are needed to prevent corporate takeovers of rental housing.
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New Interactive Map Showcases NYC’s Growing Community Land Trust Movement
New Economy Project has released the NYC Community Land Trust (CLT) Map, an interactive tool highlighting New York City’s growing community land trust (CLT) movement. The digital map features detailed profiles of 19 CLTs.
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Next City: A New Map Tracks the Growth of NYC’s Community Land Trusts
Next City — Three decades after the iconic Cooper Square Mutual Housing Association paved the way for community land trusts in New York City, the New Economy Project is releasing the first-ever interactive map of community land trusts across all five boroughs.
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Demos: Public Banks for Public Good: Transformative Investments to Help Close the Racial Wealth Gap
Demos — For decades, the racial wealth gap has persisted, with the median white family now holding more than six times the wealth of the median Black family in the U.S. Evidence has long shown that commercial banks perpetuate this divide through discrimination and predatory practices. But growing support for public banks—financial institutions created by local governments and…
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Everybody’s Talking about the Community Land Act!
New Economy Project, along with NYC Community Land Initiative (NYCCLI) coalition allies and 150 endorsing organizations, are leading the charge for the Community Land Act – a package of bills that would help community land trusts (CLTs) bring more land and housing into permanently affordable community ownership. Close to two-thirds of City Council Members co-sponsor…
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Nonprofit Quarterly: What Does Finance for the People Look Like?
Nonprofit Quarterly — The seeds of a financial system that works for the public are already all around us, from credit unions and loan funds to community bonds and Green Banks. Public banks—created by governments and chartered to serve the public interest—offer a powerful model to advance racial equity, public accountability, and community self-determination.
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Capitol Pressroom: Closing Loopholes in New York’s Lending Laws
Capital Pressroom — New York has laws governing interest rates for loans, but these regulations aren’t capturing some of the latest evolutions of lending. We examine legislation looking to close these loopholes with the help of Andy Morrison, associate director of the New Economy Project.
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Queens Chronicle: Speaker gets more than 1K cards in CLA push
Community groups advocating for affordable homes amid the housing crisis delivered more than 1,000 postcards, festively wrapped, to the district office of City Council Speaker Adrienne Adams (D-Jamaica) in Jamaica on Monday.