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:

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

  • Name of organization

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

AAFE
The Arker Companies
Ascendant Neighborhood Development Corporation
Breaking Ground
Bronx Pro Group LLC
The Building & Realty Institute
Catholic Charities POP Development
CHPC
CLOTH
Community Preservation Corporation
The Delaine Companies
Douglaston Development
Enterprise Community Partners
Fifth Avenue Committee
Goddard Riverside
HSU
Interfaith Assembly on Homelessness and Housing
Lettire Construction
LiveOn NY
Merchants Capital
Milestone Development LLC
Neighborhood Coalition for Shelter
Neighborhood Restore HDFC
New Destiny Housing
NYC Housing Partnership
New York Housing Conference
New York State Association for Affordable Housing
REBNY
RiseBoro Community Partnership
Rockabill
Settlement Housing Fund
Services for the Underserved, Inc.
Shams DaBaron (Da Homeless Hero)
SKA Marin
Supportive Housing Network of New York
Terra Linda Housing Services
UAI
UNHP
Urban Builders Collaborative
WHEDCo
West Side Federation for Senior and Supportive Housing 
Xenolith Partners

Affordable Housing Income Limit Compliance Bill

AAFE
The Arker Companies
Ascendant Neighborhood Development Corporation
Bowery Residents Committee (BRC)
Breaking Ground
Bronx Pro Group LLC
The Building & Realty Institute
Catholic Charities POP Development
CHPC
CLOTH
Community Preservation Corporation
The Delaine Companies
Douglaston Development
Enterprise Community Partners
Fifth Avenue Committee
Goddard Riverside
HSU
Interfaith Assembly on Homelessness and Housing
Lettire Construction
LiveOn NY
Merchants Capital
Milestone Development LLC
Neighborhood Coalition for Shelter
Neighborhood Restore HDFC
New Destiny Housing
NYC Housing Partnership
New York Housing Conference
New York State Association for Affordable Housing
REBNY
RiseBoro Community Partnership
Rockabill
Settlement Housing Fund
Services for the Underserved, Inc.
Shams DaBaron (Da Homeless Hero)
SKA Marin
Terra Linda Housing Services
UAI
UNHP
Urban Builders Collaborative
WHEDCo
West Side Federation for Senior and Supportive Housing
Xenolith Partners