New Economics for Women
New Economics for Women (NEW) is a California-based nonprofit founded in 1985 and is the first Latina-operated nonprofit community economic development organization in the United States. NEW’s mission is to spark economic mobility for all women and families, particularly Latinas, through wealth creation, housing, education, entrepreneurship, and advocacy for economic justice. The organization’s vision is a world where generations of women and families are empowered to thrive. Its core beliefs and values are based on the principle that economic mobility is a fundamental right. NEW works to create the economic change and investments necessary to stabilize the intergenerational family unit, to mobilize their growth and ensure their success.
NEW was founded by Latina leaders to lift women and their children out of poverty. To this day, it is an organization built by women in service to all genders but programs designed to serve the needs of women and children. Most importantly now, at the endemic stage of the COVID-19 Pandemic, NEW’s radical transformation of program delivery speaks to its mission and dedication to serving our most vulnerable households.
In early 2020, NEW stood at the forefront of grassroots service delivery in over eight different Los Angeles locations serving families in poverty and working families at risk of immediate homelessness. NEW was immediately designated as an essential service provider and we immediately transformed service delivery to provide COVID-safe services outdoors and during the PPE shortage. NEW’s then-current programs for food delivery and emergency rental assistance became lifelines to thousands of new clients, and NEW’s leadership immediately partnered with the City and County of Los Angeles, as well as private philanthropic partners, to expand, rather than contract, service delivery. NEW led in this moment to address every aspect of its program delivery to provide safety-net basic needs delivery to families undergoing severe economic, health and emotional hardships.
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