cooperatives
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COPA Is Back, a “Solidarity Stroll” with the Mamdani Administration, a New Coalition Takes on Big Tech Predators, and More!
In our latest newsletter: COPA is back! Catch up on the Community Opportunity to Purchase Act, our work launching a national coalition to fight Big Tech payday lenders, a “Solidarity Stroll” with Deputy Mayor Julie Su and other members of the Mamdani Administration, and much more.
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Nearly 30 New York Credit Unions Urge Albany to Pass the Stop Taking Our Pay (STOP) Act, To Crack Down on Racial Wealth Extraction and Exploitation of Low-Wage Workers
On Wednesday, 29 credit unions from across New York State delivered a letter to Governor Kathy Hochul, Senate Majority Leader Andrea Stewart-Cousins, Assembly Speaker Carl Heastie, State Senate Judiciary Committee Chair Luis R. Sepúlveda and State Assembly Banks Chair Clyde Vanel, urging lawmakers to crack down on predatory payday loan apps by passing the Stop…
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Council Member Nurse, Tenants, and Community Groups Announce Reintroduction of COPA with Rally at City Hall
Tenants, affordable housing organizations, and elected officials gathered at City Hall on Thursday with NYC Council Member Sandy Nurse to announce the reintroduction of the Community Opportunity to Purchase Act (COPA), landmark legislation aimed at combating displacement, preserving affordable housing, and expanding community ownership amid New York City’s deepening housing crisis.
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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.
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55+ Groups Urge Albany to Boost Funding for CLTs and Community-Controlled Housing in State Budget
On Monday, 55 community groups and advocacy organizations from across New York State delivered a letter to Governor Kathy Hochul, Senate Majority Leader Andrea Stewart-Cousins, Assembly Speaker Carl Heastie, and key state legislators urging $7.5 million in the FY 2027 budget for two critical programs that support community-controlled housing, including community land trusts (CLTs).
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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…
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Bronx Talk: Credit Unions
Bronx Talk — This week’s BronxTalk takes a look at the recent opening of ‘The Bronx People’s Federal Credit Union’ in Longwood and why this is significant for a community that has been red-lined and underserved in the past.
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The Capitol Pressroom: Untapped potential of employee-run businesses
What is a worker ownership center and why do we need one? On this podcast, Andy Morrison, associate director at New Economy Project, and Tori Kuper, a board member of Cooperation Buffalo, discuss the immense value of worker-owned businesses and the steps New York State can take to foster their growth.
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Testimony Before NYS Senate Committees, on Effective Economic Development Strategies
New York’s approach to economic development desperately needs a reboot. We spend billions of dollars annually on wasteful corporate subsidies and tax giveaways – in the process diverting much-needed resources from higher education, transit, health care and other investments that would advance equity and economic opportunity in low-income neighborhoods and communities of color.
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Sign-On Letter to NYC Racial Justice Commission in Support of Public Land for Public Good
New York City’s housing and land use policies have contributed to neighborhood segregation, displacement of BIPOC New Yorkers, racial health disparities, widening wealth inequality, and a host of other inequities. New York City’s charter must be reformed to repair past harms, by giving Black and brown communities meaningful opportunities to own and control land, housing…