Press Room & Media
In the News
Millions of ‘unbanked’ Americans lack adequate access to financial services
By Paul Solman & Diane Lincoln Estes, PBS News Hour | December 26, 2022 It's not well known, but about 4.5% of U.S. households are unbanked, meaning no one in the house has a checking or savings account. The rate declined during the pandemic because people...
Community-Owned Commercial Real Estate Is Having A Moment
By OSCAR PERRY ABELLO at NEXT CITY Earlier this year, Crystal Ortiz started walking up and down Kensington Avenue looking for a proper storefront she could rent out for her growing business. When she found it right down the street, she was delighted that she didn’t...
NM Awarded Grant to Help Small Businesses Cultivate Global Marketplace
New Mexico Economic Development Department (EDD) Cabinet Secretary Alicia J. Keyes announced Monday that the state has been awarded a $250,000 STEP grant from the U.S. Small Business Administration to help small businesses cultivate the global marketplace. The State...
Listen: AFLEP on KNCE True Taos Radio 🎙
KNCE's Chris Pieper invited AFLEP Outreach Coordinator, Sarah Manning, as well as Hamilton Brown and Diane Schiffen, on his radio show to talk about Local Economies. The show is called "Living with Earth" on 93.5 True Taos Radio, and Chris is also a small business...
Acequias face challenges, uncertain future
Paula Garcia, executive director of the nonprofit New Mexico Acequia Association (NMAA), is optimistic that determination combined with state and federal resources can make the damaged ditches vital again. But she is haunted by the fear that fire and flood may have...
Study: NM would lose 1/5 of businesses without Hispanic entrepreneurs
by Spencer Schacht | KOB A new study ranks New Mexico as the most Hispanic-dependent economy in the U.S. It found the Land of Enchantment has the most Latino-owned businesses nationwide. The study published by Creditos En USA found that in New Mexico one of every five...
VIDEO: Growing a Prosperous Future
Daily Yonder Q&A: How Public Banks Can Keep Revenue Local and Support Small Communities
by Claire Carlson, The Daily Yonder September 23, 2022 This article first appeared on The Daily Yonder and is republished here under a Creative Commons license. A public bank is a financial institution that is managed by the government in the public interest, which is...
Big City Mayoral Races Shine A New Light On Public Banking
NEXT CITY, by Oscar Perry Abello September 27, 2022 Public banking is already making headlines in one big city mayoral race slated for next year, and it’s bound to come up in at least one more. (photo: Philadelphia City Hall, by Jose Fontano / Unsplash) New Mexico...
Rep. Chandler: NM’s big budget surplus offers big opportunities
Representative Christine Chandler from Los Alamos shared some big ideas for the budget surplus the state legislature will get to work with in the 60-day session this winter. It was published in three papers over the weekend. Here is an excerpt: Diversifying and...
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Episode: Everyone deserves a public bank
“I had the good fortune to work on this initiative before Bernie kidnapped all my time. This is one of those no-brainer initiatives that only the 1% could oppose. It has the potential to save the state millions of dollars by vastly reducing the cost of its bonds to improve infrastructure funding. in a public bank, our state funds can be used to build our local economy and our local infrastructure.”
– Paul Gibson
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