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Thousands of Homeowners Still Drowning in Underwater Mortgages: How Toxic Loans Keep Fueling Foreclosures and the Need for Eminent Domain

August 1, 2014

Even as home sales prices increase in some parts of New York City and a loud and increasing buzz around a supposedly revitalized housing market ensues, there continue to be over 60,000 homeowners in crisis. These families, concentrated in predominantly African-American and Latino low- and moderate-income neighborhoods, continue to live in a precarious world where the values of their homes are less than the outstanding balances on their mortgages. These families are living underwater. Many of them continue to pay and remain current on their mortgages despite extenuating economic circumstances. But increasingly, more and more families cannot continue to pay their inflated mortgage premiums and are at risk of defaulting and entering the foreclosure process.This report is an analysis of privately labeled securitized mortgages in New York City by New York Communities for Change, New York Communities Organizing Fund, and the Mutual Housing Association of New York.

Low Wage Service Sector Workers in New York City

November 1, 2013

Making enough money to survive in New York City is challenging for many, especially for those struggling at the lowest end of the pay scale. Every day tens of thousands of low wage workers in New York City must ask themselves these difficult questions: Which utility should I pay this month: the telephone or the gas? Should I walk to work -- more than an hour -- to avoid the $5.00 round trip subway cost? How will I afford to feed my family?New York Communities Organizing Fund, Inc. (NYCOFI) and New York Communities for Change (NYCC) surveyed low wage workers in a variety of industries around New York City to get a real-world view of life in one of the most expensive cities in the country. This paper makes specific recommendations that are informed by employment statistics, an analysis of the supports that are available to workers, and our own research in the field.We hope this paper will be a starting place for those low wage workers organizing for better conditions. We also hope it will be a factual source for those policy makers working for better conditions for low wage workers. In a city with so much wealth, no one should be struggling day-to-day just to get by.

Charter Schools in Public School Buildings: Best Practices for Co-Location

January 19, 2013

Throughout New York City, students from Pre-Kindergarten through 12th grade are learning firsthand about "co-location," the practice of two or more distinct schools existing in the same building and sharing spaces. While some co-locations involve multiple public schools, this paper will focus on co-locations with charter schools in public school buildings. All too often, co-location in New York City has led to the denial of parity and equity for all of the City's public schools students. This paper discusses best practices that are absolutely essential to prevent co-location practices that are unfair and deny parity to all public schools students. These best practices will improve the process of co-location in New York City.