Advocates from States that Ban Predatory Payday Lending Emphatically Oppose CFPB’s Proposal to Gut Federal Rule WASHINGTON, D.C. – Today advocates from states across the country that ban predatory payday lending voiced strong opposition to the Consumer Financial Protection Bureau (CFPB)’s actions to gut federal rules to curb predatory payday lending. On a telephone briefing this […]
Buffalo Syracuse NYC Rochester New Economy Project has published a new set of maps that show persistent redlining in four cities across the state. The maps show banks’ failure to locate branches in communities of color, in Buffalo and New York City. In Buffalo, for example, there are no bank branches […]
The proposed citywide CLT initiative will allow groups to build upon exciting progress at a critical moment of opportunity. The initiative will support essential CLT community education and organizing, board and member training, and other start-up costs; build capacity through legal, financial, and technical assistance; and promote coordination among CLTs so they reach a sustainable scale.
A letter explaining our decision to decline an invitation to meet in New York City. Under normal circumstances, we would certainly meet with the head of an important agency, even if we disagreed with policies the agency was pursuing. But the current situation is anything but normal.
A diverse group of 65 organizations from throughout New York State request a $25 million appropriation to fund the New York State Community Development Financial Institution Fund (NYS CDFI Fund).
Testimony in support of Intro. 1281, sponsored by Council Member Ritchie Torres, prohibiting retail establishments from refusing to accept payments in cash.
Testimony regarding the Mayoral administration’s dangerous proposed plan to partner with a financial technology or other financial services company to embed an EMV/contact and RFID/contactless chip in the next generation of IDNYC cards, to allow for broad integration with private and public services and systems.
This issue brief summarizes home foreclosure risk patterns across New York State, and updates our 2012 report, Foreclosures in New York: What’s Really Going On?, and 2014 brief, Foreclosure Risk in New York State.
The OCC’s unilateral proposal of a CRA “modernization” framework falls utterly short of improving the CRA, and is clearly intended to advance the destructive deregulatory agenda embraced by Comptroller Otting and others in the administration.
I’m pleased to present testimony on behalf of Public Bank NYC, a broad-based coalition New Economy project co-founded and coordinates. Public Bank NYC is made up of community, civil rights, environmental, and economic justice groups fighting for the creation of a municipal public bank – chartered to serve the public interest, accountable to New Yorkers, and rooted in principles of racial and economic justice.