TAKE ACTION FOR A NEW ECONOMY!

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As a resident in your district, I write to urge you to support the “Community Land Act” and “People’s Bank Act” legislative packages. These measures are urgently-needed to address New York City’s affordability crisis and ensure a just recovery in working-class Black and brown communities–and for all New Yorkers. Please take action to ensure passage of this vital legislation, by co-sponsoring the bills and voting yes on: The "Community Land Act:" INTRODUCTION 196 (the Community Opportunity to Purchase Act), sponsored by Council Member Carlina Rivera, giving CLTs and other qualified nonprofits a first right to purchase multifamily buildings when landlords sell. INTRODUCTION 637 (the Public Land for Public Good Act), sponsored by Council Member Lincoln Restler, prioritizing disposition of City-owned land to CLTs and other nonprofit entities. RESOLUTION 38, sponsored by Public Advocate Jumaane Williams, calling on Governor Hochul and the NYS Legislature to pass legislation (such as the Tenant Opportunity to Purchase Act) giving tenants a first opportunity to buy their buildings when landlords sell. The “People’s Bank Act:” INTRODUCTIONS 498 and 499 (the “Show Us the Money Act”), sponsored by Council Member Keith Powers, requiring NYC to publish details of its accounts with big banks, including balances and fees charged, to assess the scale of deposits available for a public bank. INTRODUCTION 999, sponsored by Council Member Keith Powers, establishes a task force to develop an implementation plan for a New York City public bank. RESOLUTION 203, also sponsored by Council Member Powers, calling on Governor Hochul and the NYS Legislature to enact the “New York Public Banking Act” (S1762-B/A8290-A) to create a safe and appropriate regulatory framework for local public banks. Thank you for your attention. I look forward to your response.