New Economy Project
@neweconomynyc
Working with community groups to build an economy that works for all, rooted in cooperation, racial and social justice, equity, and ecological sustainability.
ID: 358244184
http://neweconomynyc.org 19-08-2011 16:21:05
10,10K Tweet
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“Earned Wage Access phone apps are not above the law. These smartphone apps are simply repackaging & rebranding the age-old exploitative payday loan..We're pleased the consumerfinance.gov has recognized this growing problem..." -Stuart Appelbaum of RWDSU Full release: equityagendany.org/media-release-…
“Workers are being targeted by big tech companies with predatory payday loan phone apps that promise quick and easy access to wages. In reality, these are debt trap loans with sky-high interest rates..." -Dennis G. Trainor of CWA District 1 Full release: equityagendany.org/media-release-…
Great seeing so many fired-up NYS Community Equity Agenda members last week!
Yes Mayor Eric Adams, let's use city land to build affordable housing. But first, we must pass #PublicLandforPublicGood, a broadly supported bill that would ensure public land is used for truly affordable housing and other community needs. No more handouts to for-profit developers!
Thanks to New York Amsterdam News for giving us a chance to call out landlord spin amsterdamnews.com/news/2024/08/2…
Public land for public good! 100% affordable housing on any public land. And don’t build density in a flood zone. Join our community potluck and sleep-out. And let’s pass the community land act! Suga Ray LIC Coalition South Bronx Unite NYCCLI Danielle Brecker Pamela Herrera
What a pleasure to share our work advancing public banking, community land trusts & more at PolicyLink’s #equitysummit2024 in Atlanta, w/these fantastic co-panelists!
How the debt economy operates: 📉Falling wages + 📈rising rents destabilize communities 💳Credit card companies exploit this, profiting from interest + fees 🦈Debt collectors buy delinquent debt & aggressively go after people thecity.nyc/2024/08/27/cre… THE CITY Office of New York City Comptroller Brad Lander
Rochester is at the forefront of the public banking movement. By recirculating tax $$$ into the community, a city-owned bank could help uplift the nearly 30% of the city's residents living in poverty. Via The American Prospect ft. Public Banking Institute & New Economy Project: prospect.org/economy/2024-0…
Our Tousif Ahsan in The American Prospect: “Public banking is a tool for broader racial and economic justice, rather than an end in itself. The coalition remains optimistic and prepared to keep fighting for public banking in New York.” Let's go! prospect.org/economy/2024-0…