• Housing Proposals in the Governor’s Executive Budget

    Last week, Governor Hochul released an Executive Budget to support housing supply, including reforms to the State Environmental Quality Review Act (SEQRA), proposals to begin to address rising property insurance costs and provide support for rent stabilized tenants. We applaud the Governor’s continued efforts to expand housing supply statewide and pursue regulatory reforms that would […] Read More

  • Federal Appropriations Bills Likely To Pass With Increased HUD Funding

    Thanks to the hard work of advocates all over this state and country, the House and Senate Appropriations Committees have released a budget for the U.S. Department of Housing and Urban Development (HUD) that both rejects the deeply harmful cuts and policy changes proposed in the President’s Budget Request last year and greatly improves on […] Read More

  • NYHC and More than 60 Partners Oppose Council Legislation

    NYHC and 62 partners in the affordable housing community sent a letter to the City Council opposing Intros. 1433 and 1443, which would add significant costs while decreasing affordable housing production. The legislation has been prepared to be voted on by the Council this week. We appreciate the goals the Council is aiming for and […] Read More

  • NYHC Sends Sign-On Letter on City Council Housing Bills

    NYHC, along with partners Citizens Housing and Planning Council, The Community Preservation Corporation, Enterprise Community Partners, Inc., LiveOn New York, New York State Association for Affordable Housing, and Supportive Housing Network of New York, send a letter to the City Council with concerns about four bills that would regulate affordable housing production in New York […] Read More

  • Policy Brief: Reduce Red Tape with HPD Budget Autonomy

    NYHC issued a policy brief examining NYC’s Office of Management and Budget (OMB)’s role in housing production and made recommendations to make the process more efficient. OMB plays an important role in planning and overseeing the three parts of the City’s $115.9 billion budget: expense, capital, and revenue. Yet, in its role overseeing the budget […] Read More

  • NYHC Testimony to City Council on Housing Production Legislation

    NYHC testified at the City Council’s Land Use Committee on Wednesday about three City Council bills that would put requirements around the City’s affordable housing production for the number of bedrooms and affordability levels. Intro. 1433 would set a minimum percentage of affordable rental units that must be 2- and 3-bedroom units over five years to […] Read More

  • NYHC Testifies at the State Legislature Hearing on Residential Insurance Costs

    NYHC testified at the state Joint Public Hearing of the Senate Standing Committee on Insurance, Senate Standing Committee on Housing, Construction, and Community Development, and Senate Standing Committee on Investigations and Government Operations regarding the, “Cost and Availability of Insurance for Residential Property”. Last year, New York Housing Conference released a policy brief that examined […] Read More

  • NYHC Policy Brief: High Cost of Affordable Housing Delays

    NYHC released a policy brief analyzing the costs to the City of delays in affordable housing production. The analysis included a survey of affordable housing developers to understand the development process delays and associated costs. We received responses for 21 affordable housing projects representing 4,700 units from for-profit and non-profit developers across New York City […] Read More

  • NYHC Analysis of Intro. 910

    The New York City Council is considering legislation – Intro. 910 – that would require affordable housing developers that receive city subsidy to pay their workers a minimum combined wage and benefits package of at least $40 per hour with at least $25 being wages. New York Housing Conference has analyzed the impacts of the […] Read More
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