Public Comments

New Economy Project applauds Governor Cuomo’s proposal to provide $25 million in new seed funding over five years for the New York State Community Development Financial Institutions Fund (NYS CDFI Fund). By supporting the state’s robust network of 80+ cooperative and community-controlled credit unions and loan funds, New York will take a critical first step […]

The undersigned community, labor, immigrant, civil rights, legal services, and economic justice organizations write to express our united and unqualified opposition to the administration’s plan to add financial technology and a host of integrations to NYC’s municipal identification (IDNYC) cards, which are held by more than 1.2 million New Yorkers.

This bill would amend the General Business Law so that financial services providers regulated under New York State law would not be permitted to “require a confession of judgment in any contract or agreement for a financial product or service.”

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.