• OCC Seeks Comments on Revising CRA Regulations

    The Office of Comptroller of the Currency (OCC) has issued an Advanced Notice of Proposed Rulemaking and is seeking public comment on ways to reform the Community Reinvestment Act (CRA). CRA was enacted in 1977 largely as a response to redlining, a discriminatory practice in which banks would deny loans to residents living in low-income […] Read More
  • Senate Affordable Housing Task Force

    In response to federal advocacy efforts and growing awareness of housing affordability issues, this summer, Senator Todd Young (R-IN) introduced S.3231, The Task Force on the Impact of the Affordable Housing Crisis Act. This bill would create a bipartisan affordable housing task force to better understand and respond to America’s affordable housing crisis. You can find […] Read More
  • NYHC Speaks at #ABetterDeal Press Conference

    Yesterday, Rep Hakeem Jeffries announced the Democrats’ policy platform “A Better Deal” with focus on Public Housing & Ladders of Opportunity for American Families.  The proposal would provide $70 billion to public housing across the U.S. over 5 years to eliminate the capital needs backlog and boost operating funds.  The plan also ensures a role […] Read More
  • Rachel Fee Testifies at Congressional Hearing

    Rachel testified before the House Financial Service’s Housing and Insurance Subcommittee at a hearing entitled “Oversight of the Federal Government’s Approach to Lead-Based Paint and Mold Remediation in Public and Subsidized Housing,” today in room 2128 of the Rayburn House Office Building. The hearing focused on how the federal government, through Department of Housing and Urban Development (HUD) […] Read More
  • Trump Proposes Government Reorganization Reforms That Would Impact Housing Industry

    Last week the White House released “Delivering Government Solutions in the 21st Century: Reform Plan and Reorganization Recommendations.” The reform plan proposed the following structural changes that would greatly impact the affordable housing industry: Move USDA’s Rural Housing Loan Guarantee and Rental Assistance Programs to HUD. This will cause USDA housing programs to ultimately compete […] Read More

    For decades, New York City Housing Authority residents have been left to deal with the consequences of federal capital disinvestment. Structural issues like leaky roofs induce further damage to the aging infrastructure and cause health ramifications for residents. Due to the dire capital need, the state and city have been been dedicating their own funding […] Read More
  • Beneficial Family Self-Sufficiency Reforms

    President Trump signed the Economic Growth, Regulatory Relief, and Consumer Protection Act (S. 2155) into law on May 24th. The bill largely focused on a wide-swath of federal deregulation reforms that also included Family Self-Sufficiency (FSS) program reforms that had been originally proposed in a separate bill entitled the Family Self-Sufficiency Act.  In 1990, the […] Read More

    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