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Featured stories
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The Village View: Community Opportunity to Purchase Act – What it is, Where it Started, and it’s Current Momentum
The Community Opportunity to Purchase Act (COPA) is a bill designed to give qualified non-profits the opportunity to bid on a multi-family apartment building of four or more rental units when a landlord decides to sell. These qualified entities would have 20 days to submit a statement of interest, and then a bona fide offer…
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Public News Service: NY, US Consumer Coalition Works to Rein in Payday Lenders
Consumer rights groups in New York and across the country are organizing against payday lenders and paycheck advance apps they said are evading state lending laws.
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National Coalition Launches to Confront Big Tech-Backed Payday Lending Disguised as “Earned Wage Access,” as Congressional Republicans Advance Industry Giveaway
Today, two dozen community, labor, and faith-based organizations, along with community development credit unions, from 21 states where payday lending is categorically illegal announced the launch of the Stop Taking Our Pay (STOP) Coalition to confront so-called “earned wage access” (EWA) payday loans. The coalition is taking aim at the rapidly expanding EWA industry, which…
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City Limits: As COPA Makes a Comeback, What Does it Mean for Land to be Communally Owned?
The Community Opportunity to Purchase Act (COPA) has risen from the ashes, and aims to give a boost to nonprofit organizations that promote community ownership—including community land trusts, which allow land to be directly owned by members.
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Brick Underground: Community Opportunity to Purchase Act has a Good Chance of Passing Under Mamdani
Last month, New York City Council Member Sandy Nurse revived legislation that would allow certain nonprofits and community land trusts a first shot at buying struggling multifamily properties—and this time, the mayor is in favor of the bill.
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Next City: A Community Land Trust Is Purchasing Commercial Property in NYC for the First Time
New York City’s growing community land trust movement will hit a new milestone next month, as the East New York Community Land Trust is set to become the first in city history to purchase a commercial property off the private market.
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Wired: AI Is Taking Over the Most Cursed Job in the World
She introduced herself as Eve, but Ben knew right away that the voice on the other end of the line was a bot. Eve knew his name. She also knew how much money he’d owed a former landlord ($266). She didn’t seem to know that he’d settled with a collection agency five months prior. Eve…
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COPA Reaches Majority Support in City Council Just One Week After Reintroduction
On Thursday, the Community Opportunity to Purchase Act (COPA) secured majority support in the New York City Council only one week after its reintroduction, reaching 26 sponsors—enough support to pass the legislation.
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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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Spring into Solidarity!
In our latest newsletter, we share a new national profile of our work advancing community ownership; highlights from the annual “Worst Banks Awards;” our new Fintech Paycheck Extraction Clock; and a major housing victory for low-income tenants and homeowners.