Stay Informed
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Governor Kathy Hochul released her fiscal year 2023-2024 executive budget which proposes $125.2 billion in state operating funds and $21.4 billion in capital funding. Housing is a major focus of the budget, which filled in details of the Housing Compact announced in her State of the State last month, and included related new spending like planning […] Read More
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Yesterday Mayor Eric Adams released his preliminary FY 2024 budget. Before the budget was released, Adams talked about the need for fiscal restraint and his budget director called on agencies to permanently cut half of their positions that were vacant as of October 2022. In response to the news of this letter, NYHC led a […] Read More
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Today at the State of the State, Governor Kathy Hochul announced the New York Housing Compact, a bold new statewide strategy to increase housing supply and combat exclusionary zoning, with the goal of producing 800,000 new homes over the next decade. The Housing Compact has the potential to be truly transformative for New York. It […] Read More