Executive Summary

Founded in 1995, New Economy Project is known for its bold approaches to complex, systemic issues. We combine cutting-edge policy advocacy, coalition-building, and organizing with legal advocacy, applied research, and other strategies. We challenge corporations and systems that perpetuate racial wealth inequality, poverty, and segregation. And we advance policies and democratically controlled institutions that foster economic cooperation and build community wealth. Across our initiatives, we work with base-building and member-led groups to advance practical solutions and build a movement for transformational change.

In recent years, we have organized with grassroots groups to:

- Catalyze community land trusts across New York City, to bring land and housing into permanently affordable community ownership.

- Lay groundwork for the nation’s first municipal public bank, to invest in affordable housing, small and worker-owned businesses, renewable energy, and other pressing needs.

- End racial wealth extraction, by organizing to keep predatory payday lending out of New York and bringing groundbreaking impact litigation against debt buyers and other predators that target working poor New Yorkers.

- Help tens of thousands of New Yorkers vindicate their legal rights, share their stories, and influence policy change, through our NYC Financial Justice Hotline.

- Launch and expand community development financial institutions that serve and are cooperatively owned by residents in historically redlined neighborhoods.

Organizations may provide budget and employee data based on this proposal or the organization as a whole. For more information on this proposal or organization, please email us.