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Public News Service: NYC Legislation Gives Communities More Control Over Housing
Public News Service — A package of New York City bills can help preserve affordable housing. The Community Land Act creates more pathways for communities to purchase and control land. Two of the bills would allow nonprofits and community land trusts to make a first offer on any multifamily property or public land up for…
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Brooklyn Reader: Affordable Housing Tenants in Carroll Gardens Fight to Stay in Their Homes
BK Reader — Residents of 63 Tiffany Place, one of the few affordable housing buildings remaining in the Brooklyn’s Carroll Gardens, say they face potential rent increases and eviction at the beginning of the new year.
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Manhattan/Bronx Community Land Act Town Hall
Thank you for coming to our Community Land Act Town Hall!
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The Capital Pressroom: Limiting Fees on Accessing Government Assistance
The Capital Pressroom — Our associate director Andy Morrison speaks with Capital Pressroom about financial fees and new legislation that would prohibit the practice on electronic benefit cards.
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BK Reader: Three Banks Charged NYC Black Homeowners Higher Mortgage Rates, Report Says
BK Reader — A recent analysis by the nonprofit New Economy Project found that home mortgage lending by Bank of America, Citibank and JPMorgan Chase—which hold the vast majority of New York City’s municipal deposits— charged higher interest rates to people of color between 2018 to 2023.
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The City: Black Home Mortgage Borrowers Pay More in NYC, New Study Finds
The City — Three major banks charged Black homeowners in New York City more interest on their mortgages than they did white borrowers, according to a new analysis of loan data by The New Economy Project, a racial and economic justice advocacy group.
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Queens Community Land Act Town Hall
Thank you for coming to our Community Land Act Town Hall!
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Brooklyn Community Land Act Town Hall
Thank you for coming to our Community Land Act Town Hall!
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WBAI’s Living for the City: Predatory Lending
WBAI’s Living for the City — Our associate director Andy Morrison discusses fintech, Earned Wage Access apps, and a proposal to end these forms of predatory payday lending in New York.
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The American Prospect: The Push for Public Banking in New York
The American Prospect — Rochester, New York, has become a focal point in the movement for public banking, a push driven by the urgent need to address poverty and economic inequities in the region. The city, one of New York’s largest, with around 210,000 residents, is more than 40 percent white, nearly 40 percent African…
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Press Release: NY Labor & Community Groups Endorse CFPB Rule To Crack Down on Predatory Paycheck Advance Loans
Groups called on New York regulators to aggressively enforce the state’s usury Law and take action against predatory fintech companies that exploit workers.