NYHC, along with partners Citizens Housing and Planning Council, The Community Preservation Corporation, Enterprise Community Partners, Inc., LiveOn New York, New York State Association for Affordable Housing, and Supportive Housing Network of New York, send a letter to the City Council with concerns about four bills that would regulate affordable housing production in New York City: Intros. 958, 1433, 1437, and 1443.
The bills put requirements on HPD affordable housing production, setting minimums or maximums of certain types of affordable housing, including number of bedrooms, affordability level, and homeownership units.
We greatly appreciate the Council’s advocacy and partnership in securing record investments in affordable housing over the past four years. And we appreciate the goals the Council is aiming for in these bills – building more family sized units, more homeownership, and affordable housing with deeper affordability. However, we strongly believe that these changes should not be required in citywide legislation and instead should be achieved through term sheet changes or through the city’s Fair Housing Framework, which can allow for neighborhood targeting.