Spring Bank and the Equitable Commute Project are happy to share their model that can be replicated around the state. The ECP is helping essential workers and others purchase e-bikes with innovative low-cost, no credit score financing from Spring Bank. And they're including a workforce development component to prepare New Yorkers for jobs in the micromobility industry.
ECP launched its pilot program in December 2021, matching 15 lower-income essential workers with subsidized e-bikes in the Bronx. The project is a finalist in NYSERDA’s Electric Mobility Challenge for underserved communities, and ECP hopes to be able to demonstrate replicability outside of New York City.
Please watch the video above to find out how your community can use their model to connect more people to reliable, affordable, and sustainable transportation.
Making Change: DEI for NYS CDFIs Friday, April 22 and Friday, May 6
12 noon to 1:00 p.m.
CDFIs across New York State acknowledge the important roles our institutions play at the intersection of racial and economic equity. We are committed to using our collective power to support racial and economic justice as part of the movement to create a more vibrant, healthy, and fair society for all.
With more than 80 CDFIs in New York State, we know there will be no one-size-fits-all solution to enhancing Diversity, Equity and Inclusion (DEI) in our institutions.
Join us on Friday, April 22 and Friday, May 6, as we welcome Jennifer Rutledge, Principal of Delphi Consultants, to review and examine the results of the survey we conducted late last year.
Following these two workshops, Jennifer will join us on our next "All Hands" Zoom on Friday, May 20, to discuss next steps.
We're grateful to US Bank for their support for this initiative.
Review previous issues of "New Developments" in the Archive.
Our mission is to position CDFIs as the most effective strategy and policy tool to address issues of financial inclusion, housing access and economic opportunity in New York State. Please visit our website to learn more.