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Press Releases
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55+ Groups Urge Albany to Boost Funding for CLTs and Community-Controlled Housing in State Budget
On Monday, 55 community groups and advocacy organizations from across New York State delivered a letter to Governor Kathy Hochul, Senate Majority Leader Andrea Stewart-Cousins, Assembly Speaker Carl Heastie, and key state legislators urging $7.5 million in the FY 2027 budget for two critical programs that support community-controlled housing, including community land trusts (CLTs).
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Community Groups, Elected Officials Name NYC’s “Worst Banks” at Public Awards Ceremony
As Wall Street profits soar while New Yorkers face a sharply rising cost of living, mounting debt, displacement, and environmental injustice, community groups and elected officials today named New York City’s “Worst Banks” at a mock awards ceremony outside a Citibank branch in Lower Manhattan.
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Statement on the City Council’s Failure to Override Eric Adams’ Veto of Int. 902-B, the Community Opportunity to Purchase Act (COPA)
Make no mistake: In choosing not to override Eric Adams’ veto of the Community Opportunity to Purchase Act (COPA), the New York City Council is siding with the real estate lobby over the interests of working-class New Yorkers and communities of color.
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Statewide Coalition, Lawmakers Unveil “Stop Taking Our Pay” (STOP) Act at Capitol Press Conference
On Tuesday, community groups, community development credit unions, and impacted New Yorkers from across the state joined lawmakers at the State Capitol to announce the introduction of the Stop Taking Our Pay (STOP) Act (S8939, A9644) sponsored by State Senator Samra Brouk of Rochester and Assemblymember Steven Raga of Queens. The STOP Act would crack down…
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Community Groups & Electeds Rally At City Hall Demanding Council Override Of Mayor Adams’ Veto Of COPA
On Wednesday, tenants, community and affordable housing organizations joined Public Advocate Jumaane D. Williams, Brooklyn Borough President Antonio Reynoso, and Council Members Harvey Epstein and Kayla Santosuosso at City Hall for a press conference and speak-out calling on incoming Speaker Julie Menin and the New York City Council to override former Mayor Adams’ eleventh-hour veto…
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City Council Passes COPA, Following Multi-Year Push by Council Member Sandy Nurse and 200+ Housing & Community Groups
Amid a deepening housing crisis, the New York City Council today passed the Community Opportunity to Purchase Act (Intro 902-B), or COPA—landmark legislation that will preserve and expand deeply affordable housing across the city and protect tenants from displacement. The bill, championed by Council Member Sandy Nurse and a coalition of over 200+ community groups,…
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Groups, Electeds Rally for Community Opportunity to Purchase Act (COPA) at City Hall Thursday, to Address Housing and Affordability Crises
Action comes as Council Member Nurse releases revised COPA bill following broad stakeholder engagement process, and as Mayor-elect Mamdani calls for bill’s passage
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New Economy Project’s Executive Director, Deyanira Del Río, Appointed to Mayor-elect Zohran Mamdani’s Transition Committee
New Economy Project is pleased to share that our Executive Director, Deyanira Del Río, has been appointed to Mayor-elect Zohran Mamdani’s Transition Committee on Economic Development & Workforce Development.
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Community Groups and Electeds Rally at City Hall for Passage of Community Opportunity to Purchase Act
Event Comes as COPA Reaches Veto-Proof Supermajority in Council, and as Legislation to End the Predatory Tax Lien Sale Gets Pivotal Hearing
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Community Opportunity to Purchase Act (COPA) Reaches Supermajority in City Council, as New Yorkers Deliver 1,000+ Postcards to Speaker Adams Demanding Passage of the Bill
As housing crisis deepens, New Yorkers’ Halloween-themed action calls for permanently affordable community- and tenant-controlled housing