Change the "new item" link in SharePoint 2013 using CSR with MDS support

changeTitle.js

// Modify the lines with TODO comments below

Type.registerNamespace('Wictor')
Wictor.Demos = Wictor.Demos || {};
Wictor.Demos.Functions = Wictor.Demos.Functions || {}

Wictor.Demos.OnPostRender = function (context) {
    var wpTable = $get("Hero-" + context.wpq);
    if (wpTable != null) {
        var children = wpTable.getElementsByTagName("a");
        for (var i = 0; i < children.length; i++) {
            if (children[i].getAttribute("id") == "idHomePageNewItem") {
              // TODO: Modify and set your own custom "new item" text
                children[i].children[1].innerHTML = "NEW PROJECT";
                break;
            }
        }
    }
}

Wictor.Demos.Functions.Register = function () {
    SPClientTemplates.TemplateManager.RegisterTemplateOverrides(Wictor.Demos)
}

Wictor.Demos.Functions.MdsRegister = function () {
    // TODO: Modify the relative path and name of the JS file (or keep the filename and add the file into Site Assets in the site collection)
    var thisUrl = _spPageContextInfo.siteServerRelativeUrl + "/SiteAssets/changeTitle.js";
    Wictor.Demos.Functions.Register();
    RegisterModuleInit(thisUrl, Wictor.Demos.Functions.Register)
}

if (typeof _spPageContextInfo != "undefined" && _spPageContextInfo != null) {
    Wictor.Demos.Functions.MdsRegister()
} else {
    Wictor.Demos.Functions.Register()
}