NYHC Report: Universal Rental Assistance Economic and Fiscal Impact Study
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This week, Governor Kathy Hochul released a $216.3 billion Executive Budget that proposes a new five-year housing plan, continues investment in existing housing programs and introduces policy changes to spur the creation of affordable housing across the state. NYHC is encouraged by the Executive Budget proposal, which includes a very significant increase in capital over the last […] Read More
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Mayor Adams has also directed city agencies, including the Department of Housing Preservation, to make 3 percent cuts to their budget in 2022, 2023 and future years. This decision is short-sighted as it pertains to housing and will ultimately exacerbate a housing emergency that is impacting millions of New Yorkers. We are calling on Mayor […] Read More
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New York Housing Conference is leading a coalition of housing advocates urging the Governor to invest in producing more affordable housing. Rachel Fee talks about the need for a $6 billion investment over 5-five years which will grow to $13.5 billion if President’s Build Back Better plan does not get passed. You can view the […] Read More