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community equity agenda
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Public News Service: NYS Legislation Considers Bill to Create Public Banks
Public News Service — The New York State Legislature is considering a bill to allow the creation of public banks. The New York Public Banking Act would authorize municipal and other local governments to form and control public banks through ownership interests such as capital stock. The hope is these banks will invest in community endeavors rather…
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Majority of Senate Co-Sponsors New York Public Banking Act
Today, New York State legislators joined community and labor groups from across the state in calling on Albany to enact the New York Public Banking Act (S1754/A3352), which as of late last week has been co-sponsored by a majority of the NYS Senate.
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NY State of Politics: New York Public Banking Supporters Say Recent Failures Show Need for Law
NY State of Politics — Supporters of a measure that would create public banks in New York pointed to the recent failures of financial institutions like Silicon Valley Bank and Signature Bank as an impetus for the passage of a measure that would enable public options for deposits.
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New Yorkers Rally at Capitol for Public Banking in This Year’s Budget
Albany, NY – Today, dozens of New Yorkers from across the state rallied with legislators at the New York State Capitol Building, urging swift passage of the “New York Public Banking Act” (S1754/A3352) this legislative session.
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Spectrum News Capital Tonight: New York Coalition Pushes for Economic Justice in Next Legislative Session
New Economy Project Founder and Co-Director Sarah Ludwig speaks with Susan Arbetter about the NYS Community Equity Agenda’s 2023 Policy Platform
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80+ Local Electeds from Across New York Call on Albany to Enact “NY Public Banking Act” This Session
Today, 82 local elected officials from 19 cities and counties across New York State delivered a letter to Governor Hochul, Senate Majority Leader Stewart-Cousins, and Assembly Speaker Heastie, urging enactment of the “New York Public Banking Act” (S1762A/A5782) before the end of this year’s legislative session in early June.
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Spectrum News: Local Officials in New York Call for Public Banking Bill
Spectrum News — A bill that would enable the creation of public banks in New York has won the backing of dozens of local elected officials in 19 cities.
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Testimony Before Joint Legislative Hearing on Economic Development and the Fiscal Year (FY) 2022-23 Executive Budget Proposal
As low-income communities and communities of color across the state continue to reel from the economic devastation caused by COVID-19, this year’s budget presents an historic opportunity to make bold investments that will drive equitable local economic development for years, and even decades, to come. We urge both houses of the Legislature to allocate $100…
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Statement from NYS Community Equity Agenda Coalition: Hochul’s Budget Proposal Squanders Historic Opportunity to Invest In Communities
With yesterday’s Executive Budget proposal, Governor Hochul had the opportunity to present a bold community economic development agenda that addresses long-standing racial and economic inequality that the pandemic has exacerbated. Unfortunately, with few exceptions, this budget proposal offers more of the same.
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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
CDFIs community equity agenda community land trusts financial justice public banking racial justice redliningThis 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.