• DRAFT HOUSE SPENDING BILL LARGELY MAINTAINS 2018 FUNDING LEVELS

    The House Transportation, Housing and Urban Development (THUD) Appropriations Subcommittee released its draft THUD spending bill on Tuesday night and marked it up last night. The draft bill not only maintains the 10% increase in the enacted fiscal year (FY) 2018 Omnibus legislation, but also provides an additional $941 million increase. Fortunately, the draft bill […] Read More
  • Tell Congress to Oppose Rescission!

    Last week, the Trump administration proposed to cut more than $15 billion in previously approved funding to Non-Defense Discretionary programs, including cuts to vital affordable housing and community development programs. If enacted, the rescission package would cut: $41 million from Public Housing Capital Fund $23 million from the Community Development Financial Institutions (CDFI) Fund $40 million […] Read More
  • NYHC & NY Congressional Delegation Participate in National Housing Week of Action

    REP VELAZQUEZ LEADS RALLY AGAINST #TrumpRentHike On Friday, NYHC joined Rep. Nydia M. Velázquez (D-NY), elected officials including Rep. Hakeem Jeffries and Rep Adriano Espaillat,  impacted renters and housing activists to denounce the Trump Administration’s rent reforms.  HUD’s proposal would raise rents and impose work requirements on residents who receive federal housing assistance from the Department […] Read More
  • RAISE YOUR VOICE! BBQ AND SOCIAL MEDIA EVENT 5/3

    As part of NLIHC‘s ‘Our Homes, Our Voices’ Campaign to preserve HUD funding, NYHC and the Red Hook Initiative (RHI) will interview public housing and HUD-assisted tenants about how critical HUD funding is to them and how a rent hike would impact their lives. Join us on Thursday, May 3rd, RAISE YOUR VOICE against Trump’s HUD […] Read More
  • HUD PROPOSES INCREASING RENTS & IMPOSING WORK REQUIREMENTS (Updated)

    **BLOG POST UPDATED 5/2/18 TO REFLECT CENTER ON BUDGET AND POLICY PRIORITIES’ CHANGE IN RENT INCREASE IMPACT ESTIMATIONS. Yesterday, HUD Secretary Ben Carson announced a sweeping rent reform proposal, “Making Affordable Housing Work Act of 2018“.  The legislative proposal, which would need to be passed by Congress and signed by the President to become law, […] Read More
  • New York State Budget Breakdown

    On March 31st, the New York State Budget for FY 2018-2019 was approved. The $168.3 billion enacted budget includes $250 million in new appropriations for NYCHA. The final budget also included re-appropriated funding for the 5-year Statewide Affordable Housing Program. Last year, Governor Cuomo and the Legislature passed a budget funding a $1.97 billion 5-year […] Read More
  • OMNIBUS IMPACT ON NEW YORK

    Last week, Congressional leaders came to a grand agreement on a FY 2018 Omnibus $1.3 trillion dollar spending package that is a big win for affordable housing industry. It was quickly passed by both Houses and the President signed it into law on Friday. This spending bill provides the most significant re-investment in affordable housing funding since the sequester […] Read More
  • OMNIBUS=Reinvestment in HUD funding and LIHTC Policy Improvements!

    We are so excited to share some great news from Washington! In today’s budget deal that was announced today and details released this hour, the following changes are made to the Low Income Housing Tax Credit (LIHTC) that will greatly benefit affordable housing development and preservation in New York and across the nation. INCOME AVERAGING […] Read More
  • Rep. Joe Crowley & NYHC Pen Op-Ed Condemning Trump Budget

    Trump’s budget would exacerbate New York’s affordable housing crisis. Rents would spike and public housing would suffer under cuts prompted by GOP’s tax giveaway. Read Rep. Joseph Crowley (D-NY14) and NYHC Executive Director Rachel Fee’s joint op-ed in Crain’s New York Business condemning the Trump budget here or review the text below. “Our city is facing an […] Read More