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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
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NY Coalition Blasts Wall Street’s Latest Scheme – Underwriting Payday Loans to Low-Wage Workers
NY Coalition Blasts Wall Street’s Latest Scheme: Underwriting Payday Loans to Low-Wage Workers
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Council Holds Historic Hearing on Social Housing Package as NYC’s Housing Crisis Hits Breaking Point
On Tuesday, the NYC Council held a historic hearing to consider multiple broadly supported social housing bills that would remove land and housing from the speculative market and bring them into permanently affordable, democratic community control.
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Amid Federal Disinvestment and Regulatory Rollbacks, New York Coalition Calls for Public Banks to Spur Local Investment
Community groups, labor unions, credit unions and elected officials from across the state rallied at the New York State Capitol to demand legislative action on public banking.
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Statement of Labor and Community Groups on Attorney General Letitia James’ Lawsuits Cracking Down on Predatory Payday Loan Apps
“We applaud New York State Attorney General Letitia James for taking strong action against MoneyLion and DailyPay, financial technology (“fintech”) lenders that target working New Yorkers with triple-digit interest, debt-trap payday loans. Operating through smartphone apps, these and other so-called Earned Wage Access (EWA) companies market high-cost, short-term loans as “free,” while hitting users with…
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New Yorkers Rally at City Hall for Community Land Act Amid Housing Crisis and Looming Federal Cuts
As homelessness and displacement continue to skyrocket and federal disinvestment threatens to further exacerbate the affordability crisis, over 50 NYC community groups and elected officials rallied at City Hall on Thursday to demand the City Council pass urgently needed legislation that would remove land and housing from the speculative market and bring it into permanently…
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Survey: New Yorkers Support Public Banking by 8:1 Margin
A new statewide survey from the Community Service Society (CSS) shows 62% of NYC residents support public banking, compared to just 8% opposed—a nearly 8:1 margin, the highest in the state. Support for public banking is strong across all regions in New York, underscoring a growing urgency to reclaim public money for the public good.
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Elected Officials, Community Groups Rally for Public Banks, Slam Commercial Banks for Fueling Racial Wealth Gap
On Tuesday, a statewide coalition of community and labor groups and community credit unions rallied with elected officials at the Legislative Office Building in Albany, calling on New York State to take urgently needed action on lending discrimination and create public banks to ensure fair lending and economic justice for all New Yorkers.
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Elected Officials and Housing Groups Rally at Capitol for Tenant Opportunity to Purchase Act and $250 Million in Budget
With private equity firms driving up home prices and eroding New York’s affordable housing stock, elected officials and housing groups held a rally and press conference at the New York State Capitol on Tuesday to call on the Governor and Legislature to pass the Tenant Opportunity to Purchase Act (TOPA) and allocate $250 million in the state…