City Limits, Op-ed by Yuh-Line Niou and Maureen Genna — A Bloomberg report this month showed that the largest banks in the U.S., led by JPMorgan Chase, are closing branches rapidly in poor neighborhoods, even as they open new ones in affluent communities. In other news: water is wet.
Brooklyn Daily News — As real estate values in Brooklyn have gone through the roof, homeowners in gentrifying black and brown communities in the borough are increasingly being targeted by housing predators, legislators were told on Friday at Brooklyn Borough Hall.
The Laura Flanders Show — Our Juleon Robinson joins Maritza Silva-Farrell from ALIGN NY and Sasha Wijeyeratne from CAAAV to discuss a cooperative, community-led vision for economic development in New York.
Daily News — Advocacy groups will no longer recommend that undocumented immigrants get a municipal I.D. card if the city goes forward with plans to add a financial services smart-chip to them, several said Monday.
When the last remaining bank branch on the Lower East Side closed its doors in 1986, local activists took matters into their own hands and organized to establish a non-profit financial cooperative, the Lower East Side People’s Federal Credit Union.
A lot has been written about the shortcomings of New York’s recently-passed state budget. The upshot: New York’s electeds missed the clear opportunity to take decisive action against Trumpism and to protect communities under attack. A glaring example of this failure of leadership is the decision, yet again, not to fund a widely-supported program that invests in low-income communities and communities of color: the state’s Community Development Financial Institutions (CDFI) Fund.
Represent NYC — Our Campaigns Director Andy Morrison joins Assembly Member Yuh Line-Niou and other guests to discuss the lack of financial services available in low income communities and efforts to stop predatory businesses from driving families into debt.