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150 Community And Labor Groups Call on Albany To Pass NY Public Banking Act
Today, 150 organizations from across New York State delivered a letter to state legislative leaders urging swift passage of the “New York Public Banking Act” (S1762A/A5782) to advance racial equity and ensure a just recovery for all New Yorkers.
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Common Dreams: 150+ NY Groups Back Public Banking Bill to Declare ‘Independence From Wall Street’
Common Dreams — Over 150 advocacy groups from across the Empire State Tuesday sent a letter to New York legislative leaders urging them to follow in the footsteps of places like North Dakota, Germany, and Costa Rica and pass legislation allowing the creation of public banks that would help “advance racial equity and ensure a just…
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2021 Roundup
Check out the new two-page snapshot highlighting some of New Economy Project’s work, events, and media coverage during 2021!
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Brooklyn Eagle: Tax Lien Sales Hurt Communities, Says Coalition
Brooklyn Eagle — The city is missing an opportunity to create affordable housing, claims the Abolish the NYC Tax Lien Sale Coalition, making its statement ahead of the city’s tax lien sale this Friday.
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Next City: Why Activists Are Pushing NYC to End Its Tax Lien Sale
Next City — Marcus is a disabled, 66 year-old Vietnam war veteran. He lives in a house in the East New York neighborhood of Brooklyn that has been in his family since the 1960’s. An only child, he inherited the home when his parents passed, his only piece of generational wealth. But after falling behind…
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New Analysis Shows NYC Set to Squander 3,600 Potential Units of Affordable Housing, in Friday’s Tax Lien Sale
Ahead of the City’s tax lien sale this Friday, the Abolish the NYC Tax Lien Sale Coalition released a new analysis revealing the lien sale list includes 392 vacant lots that could support the development of over 3,600 affordable housing units. This represents a recurring missed opportunity for the City to partner with community land…
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Public Bank NYC Coalition Launches 2022 Legislative Campaign with Rally on Wall St.
On Tuesday, representatives of community, labor and cooperative groups in the Public Bank NYC coalition were joined by city and state elected officials at a rally on Wall Street to unveil an ambitious legislative agenda to bring public banking to New York in 2022.
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City & State: Economic Development Power 75
City & State NY included New Economy Project Co-Directors Sarah Ludwig and Deyanira Del Rio on their inaugural Economic Development Power 75 list, which “identifies the policymakers who are driving economic development strategies in New York and positioning the state for a post-pandemic recovery, including elected officials, government appointees and leaders of chambers of commerce,…
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WhoWhatWhy: $1.6 Billion Reasons Why Activists Say New York City Needs Public Banking
WhoWhatWhy — New York City, once the epicenter of the COVID-19 pandemic in the United States, is bouncing back. Broadway is reopening its doors, international tourists are arriving, and workers are returning to jobs. But not all the way. According to the New York City Recovery Index, the city is still just about 80 percent “back.” Hotels are still…
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Daily News Op-Ed: The Public Bank New York City Needs
Fresh off his electoral victory, Eric Adams declared that his administration will look abroad for policy solutions to New York City’s myriad social and economic problems. “Let’s learn what they’re doing there so we can do it here,” he urged. It just so happens, there’s a broad-based citywide coalition pressing for a bold policy solution that is common throughout…
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Capital Tonight: Hochul’s DFS Nominee Prompts Anger Among Consumer, Good Government Groups
Though Adrienne Harris has quite a resume — she was a special assistant to President Obama for economic policy and she currently serves on the faculty at the University of Michigan — a coalition of 25 groups, including Citizen Action and the Western New York Law Center is urging Gov. Hochul to rescind her nomination.
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Coalition of 40+ Community & Labor Groups Releases 5-Point Platform for a Community-Led Recovery, Racial and Economic Justice in NY
This afternoon the NYS Community Equity Agenda, a coalition of more than 40 community, labor, and civil rights groups, cooperative organizations, and community development financial institutions from across New York, released its policy priorities for 2022.