Resources
-
New Economy Project Advances Community Ownership in New York
New Economy Project was featured in the latest case study in the Center for Community Investment’s Ecosystem Stewardship: Building the Infrastructure for Shared Ownership series.
-
Letter From 60+ Organizations on Funding for Community Controlled Housing
Dear Governor Kathy Hochul, Senate Majority Leader Stewart-Cousins, Speaker Heastie, Senator Kavanagh, Senator Krueger, Assemblymember Pretlow, and Assemblymember Rosenthal: We are grateful that the Governor and both Houses have maintained funding in the Executive Budget and One-House Resolutions for Community Land Trusts (CLTs)—including $1.5M in the Community Controlled Affordable Housing fund (CCAH) and $1M in…
-
Bringing Land and Housing into Community Hands
We are thrilled to announce the release of “Bringing Land and Housing into Community Hands,” a beautiful fold-out poster showcasing New York City’s growing community land trust (CLT) movement. Brimming with hand-drawn illustrations of actual CLT organizers and projects from across the five boroughs, the poster explains how CLTs work and how community members can…
-
Earned Wage Access (EWA) Fee Extraction in New York
Payday lending is illegal in New York. Yet fintech payday lenders have siphoned well over half a billion dollars from New Yorkers’ paychecks since 2019 by exploiting loopholes – and the total is still rising.
-
Testimony Before the NYS Senate Committees on Codes And Consumer Protection, on White Collar Crime
Honorable Chairs Myrie and May, and Members of the Committees, thank you for the opportunity to testify. My name is Andy Morrison, and I am the Associate Director of New Economy Project, a 30-year-old New York City-based economic justice organization that works with community groups to build an economy that works for all—based on cooperation,…
-
Memorandum in Opposition to A.10133-A
New Economy Project respectfully submits this memorandum in opposition to A.10133-A. This bill was introduced only recently, and it is our understanding that it is not yet on the radar of many consumer and financial justice advocates or regulators. Given the complexity of the issues involved and the potential consequences for New York’s usury and…
-
Testimony Before the NYS Senate Codes Committee, in Support of the STOP Act
We are deeply concerned about the rapid proliferation of so-called “Earned Wage Access” or EWA companies pushing illegal and highly extractive loan products in violation of New York’s usury laws. Our coalition urges the Legislature to pass the Stop Taking Our Pay Act or the STOP Act (S9839-Brouk; A9644-Raga), in this year’s state budget. This…
-
Statement on the City Council’s Enactment of Land Bank and Lien Sale Legislation
We applaud the City Council for overriding former Mayor Eric Adams’ veto of four critical bills that will create and preserve urgently needed affordable housing, as well as community and commercial spaces, across New York City.
-
Testimony Before the NYS Senate Committee on Internet and Technology, on the Use of AI
Our testimony today focuses on the New York Artificial Intelligence Act (S1169A) which would create a long-overdue regulatory framework for use of artificial intelligence systems by banking, insurance, human resources, and other industries making consequential decisions that affect people’s economic and civil rights.
-
Statement on Mayor Adams’ Veto of the Community Opportunity to Purchase Act
In one of his final acts as Mayor, Eric Adams chose to side with the real estate lobby over tenants and working-class communities, vetoing the Community Opportunity to Purchase Act (COPA), a bill his own housing agency helped shape. This brazenly reckless action will exacerbate New York City’s deepening housing and affordability crisis.