New Economy Project

06/03/2026

BRAVO to ! 🎉 The East New York Community Land Trust is in contract to purchase its second building: a warehouse that the CLT will convert into a community center and cooperative development hub called The East Brooklyn Liberation Center. The New Economy Loan Fund is exceedingly proud to be supporting this project, which will serve critical community needs while taking land off the speculative market.

🫵Learn more & donate! (Eastnewyorkclt.org/donate)

05/28/2026

The Mayor’s housing plan, announced this week, centers community land trusts and other forms of community ownership. This is the result of years of organizing and coalition-building by CLTs and housing justice groups across the city. And we’re just getting started.

05/21/2026

BREAKING: In just a week since its reintroduction, COPA has reached majority support in City Council! The momentum for COPA continues to build as New Yorkers demand real solutions to the city’s affordability crisis.

and City Council: Keep Working-Class New Yorkers in New York! Pass COPA Now!

Take Action: Contact your Councilmember using the tool in our linktree.

05/15/2026

‼️BIG NEWS: As COPA is reintroduced in the New York City Council, is once again reaffirming his support for the bill.

The Community Opportunity to Purchase Act (COPA) will help stop speculative real estate investors from scooping up affordable housing, displacing tenants, and driving up rents — while giving mission-driven nonprofits and community groups a fair shot to preserve housing affordability and keep working-class New Yorkers in NYC.

New York is facing a depeening affordability crisis. We need every tool available to protect our neighborhoods and expand community-controlled housing.

PASS COPA NOW!

05/14/2026

📣BREAKING NEWS 📣—COPA IS BACK! Today, will rally with tenants and community groups to announce the reintroduction of the Community Opportunity to Purchase Act (COPA). A big shout out to the 200+ community land trusts, tenant associations, affordable housing developers and other groups that have continued to champion this critical bill!

Special thanks to City Council Members and coalition partners appearing in this video: chhaya, , , and .

TAKE ACTION TODAY: Go to tinyurl.com/PASSCOPA to urge your Council Member to pass COPA! (direct link in bio)

05/12/2026

🔔BREAKING NEWS🔔—Excited to announce that has endorsed the Community Opportunity to Purchase Act (COPA)! Workers in NYC need truly affordable housing, and we’re excited to work with UAW to get COPA passed this year. 💪🏾💪🏽💪🏼

04/29/2026

TENANTS TO MAYOR MAMDANI: We Want Our Homes on a Community Land Trusts! 💪🏽💪🏾💪🏼

Facing dire building conditions, tenants of are working with to fight landlord neglect and seek their buildings’ transfer to the East Harlem El Barrio CLT (). Watch the video to learn more about CLTs and the growing citywide movement to bring housing into community and tenant control.

Speaking with tenants recently, Mayor Mamdani said his administration is “looking to work from City Hall to deliver a new kind of approach to our housing sector, one that actually puts tenants’ concerns at the foreground.”

Sounds good, —and let’s make sure that new approach includes community land trusts!

04/16/2026

NEW report in Shelterforce spotlights the growing national movement for public banking—and our work at New Economy Project helping lead the citywide Public Bank NYC coalition.

https://shelterforce.org/2026/04/15/how-public-banks-can-meet-public-needs/

Public banking is happening. Join the fight: publicbanknyc.org

Amid federal funding cuts, the idea of public banks is gaining ground as a tool for states and localities to finance community development.

04/07/2026

CHECK IT OUT: This week we launched the Fintech Paycheck Extraction Clock, an online tool revealing the massive and growing stream of fees that so-called “earned wage access” (EWA) apps are extracting from New Yorkers’ paychecks—exacerbating the state’s affordability crisis and deepening racial wealth inequality.

The clock tracks, in real time, the total fees siphoned from workers’ paychecks by deceptive EWA smartphone apps beginning in 2019, and shows how these predatory fees accumulate statewide and across regions. Click on the linktree in bio to see the total fees extracted in Rochester, Buffalo/Niagara, the Hudson Valley, Long Island, and NYC.

🎤Take action! Go to tinyurl.com/PassStopAct to urge your legislator to pass the STOP Act, a critical bill cracking down on predatory payday loan apps

🗒️Take our survey! Go to tinyurl.com/loanappsurvey to share your experience with the apps

04/01/2026

Our .lasell joined Assemblymember Steve Raga on the to discuss how predatory payday loan apps push illegal, triple-digit-interest loans on low-wage workers, ensnaring New Yorkers in cycles of debt. They also highlight the efforts of , lawmakers and advocates to crack down on usurious payday lending, including our campaign to pass the STOP Act.

🎧Go to our linktree in bio to listen to the full podcast episode!

🛑Take action! Go to tinyurl.com/PassStopAct to urge your legislator to pass the STOP Act, a critical bill cracking down on predatory payday loan apps!