NYHC is calling for two state policies that would help address distressed affordable housing. First, NYHC is proposing the Affordable Housing Stability Court Initiative, which would establish a special court part to serve tenants of affordable housing with city or state regulatory agreements or building units owned by small landlords, preventing eviction and stabilizing tenants while quickly resolving arrears for building owners.
Second, NYHC is proposing the Affordable Housing Income Limit Compliance Bill, which is legislation that allows affordable housing with a state or city agency regulatory agreement to adjust rents for vacant units to align with the current year’s area median income (AMI) indicated in their regulatory agreement and set by the US Dept of Housing & Urban Development (HUD).
You can see the sign-on letters below:
- Affordable Housing Stability Court Initiative sign-on letter
- Affordable Housing Income Limit Compliance Bill sign-on letter
Below is the form to indicate your support and to join the sign-on letters (note: you can choose to sign on to one or both of the letters).
Distressed Housing Policies Sign-On Letter
Support policies that will help address distressed affordable housing
Affordable Housing Stability Court Initiative was covered in Gothamist on Wednesday. Read the story here.
List of Groups Currently Signed On:
Affordable Housing Stability Court Initiative
Breaking Ground
CHPC
CLOTH
Community Preservation Corporation
Enterprise Community Partners
Fifth Avenue Committee
HSU
Interfaith Assembly on Homelessness and Housing
LiveOn NY
New Destiny Housing
NYC Housing Partnership
New York Housing Conference
Settlement Housing Fund
Services for the Underserved, Inc.
Supportive Housing Network of New York
Terra Linda Housing Services
UNHP
WHEDCo
West Side Federation for Senior and Supportive Housing
Affordable Housing Income Limit Compliance Bill
Breaking Ground
CHPC
CLOTH
Community Preservation Corporation
Enterprise Community Partners
Fifth Avenue Committee
HSU
Interfaith Assembly on Homelessness and Housing
LiveOn NY
New Destiny Housing
NYC Housing Partnership
New York Housing Conference
Settlement Housing Fund
Services for the Underserved, Inc.
Terra Linda Housing Services
UNHP
WHEDCo
West Side Federation for Senior and Supportive Housing