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Council honors New Economics for Women on 40th anniversary

October 04, 2025 | Los Angeles City, Los Angeles County, California


This article was created by AI summarizing key points discussed. AI makes mistakes, so for full details and context, please refer to the video of the full meeting. Please report any errors so we can fix them. Report an error »

Council honors New Economics for Women on 40th anniversary
The Los Angeles City Council recognized New Economics for Women (NEW) for its 40th anniversary on Oct. 3, praising the nonprofit’s work building affordable housing, financial coaching, small‑business supports and charter schools tied to local neighborhoods.

Councilmember Bob Blumenfield introduced the proclamation and highlighted projects such as Tierra Del Sol and NEW’s Economic Mobility Center. Colleagues, including Councilmember Kevin de León (referred to as Hernandez in transcription excerpt), described NEW’s role in enabling homeownership, job training and intergenerational wealth building for immigrant and low‑income families.

Founders, board members and NEW’s CEO Leticia Andueza spoke in the chamber, noting NEW’s housing production (the speaker cited roughly 1,800 affordable units linked to NEW’s work), its charter‑school efforts, and community resource programs. FOUNDERS and staff were present to receive a certificate signed by the full council.

Why it matters
Council members framed NEW as a long‑standing local partner that combines housing, education and economic supports and called for continued city collaboration to scale up programs that enable economic mobility.

What was said (highlights)
- Blumenfield: noted NEW’s affordable housing projects and workforce supports.
- Bea Stautzer (founder/board chair): cited 1,800 affordable units developed with NEW involvement and stressed the organization’s role in building intergenerational wealth.
- Leticia Andueza (CEO): said NEW will continue to innovate across neighborhoods from Pico‑Union to the Valley.

The council presented a certificate of recognition signed by the full council.

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