The Report’s findings show that although New Yorkers’ delinquency and default rates are slightly lower than the national average, certain NYC neighborhoods are experiencing significantly higher rates of delinquency and default despite the fact that their residents have low average loan balances.
Improving Access to Affordable Housing Opportunities is a study that explores the experience of affordable housing applicants and recommends ways to further support applicants through an outreach and education strategy that incorporates financial empowerment services.
DCA, Consulate General of Mexico, and Citi released a report on the first year of the Ventanilla de Asesoría Financiera (Financial Empowerment Window), outlining the program's origin, design, implementation, successes, challenges, and lessons learned.
In this latest report we outline the scale of the student loan debt problem; highlight findings from our previous student loan reports; summarize testimony from the hearing; and offer policy recommendations.
This report documents what we learned from dozens of worker-owner members, cooperative business development professionals, and financial empowerment practitioners, and provides some actionable next steps to further improve financial health for worker-owners.
Pursuant to NYC Administrative Code Section 20-706, report on business education events for FY2017, including (i) the number of events held; (ii) the location of each event; (iii) the number of participants disaggregated by location; and (iv) a summary of the information provided to participants.