The New York State Senate and Assembly each released their budget bills today with major implications for affordable housing. The Legislature will negotiate with Governor Cuomo to come to agreement on a budget by April 1st. We are grateful to Assembly Speaker Carl Heastie, Senate Leader Andrew Stewart-Cousins and Housing Chairs Steven Cymbrowitz and Brian […]
President Trump’s FY 2020 budget proposal entitled “A Budget for a Better America: Promises Kept. Taxpayers First” was released today highlighting the Administration’s top priorities, of which housing definitely is not one. This budget includes $2.7 trillion in spending cuts—higher than any other administration in history and reduces non-defense discretionary spending. The administration requests $44.1 billion in funding […]
NYHC opposes two bills that have been introduced in the State Legislature this session to establish a new requirement for prevailing wages on construction projects developed with public subsidies. A1261/S1947-Bronson/Ramos- Prevailing wages for all construction workers on City-funded development projects, with the exception of housing where 75%+ of building is 60% or below AMI. Annual […]
Congress and the President were able to pass a budget bill package to avoid another costly and dangerous government shutdown. The FY 2019 HUD and USDA spending bills needed to fund programs through September were included in the package. The strong Congressional support for HUD programs in last year’s spending bill has been maintained into FY 2019 […]
On February 7th, the Mayor released his preliminary budget totaling $92.2 billion dollars, including $3 billion in new spending. He also set a savings goal of $750 million, which will be achieved in part by deepening the City’s partial hiring freeze and implementing his Administration’s first Program to Eliminate the Gap (PEG). The Mayor started […]
The New York Housing Conference and its Rising Leaders Network (RLN) proudly kicked off its Connectors Program on Monday, February 4th. The goal of the program is the expand the networks of RLN members through pairings with established leaders (“Connectors”) in New York’s affordable housing community. Thank you to all the Connectors for attending our […]
New York Housing Conference submitted testimony to the Joint Legislative Hearing on New York State’s Executive Budget. While many of the policy proposals suggested in the Executive Budget will expand housing options and bolster the impact of the statewide affordable housing plan, the need for affordable housing remains great. NYHC stated the cost impact of […]
NLIHC and the Campaign for Housing and Community Development Funding has circulated a national letter calling on Congress and the White House to end the government shutdown and pass HUD and USDA spending bills as soon as possible. On December 21, Congress failed to provide FY19 funding for several federal agencies causing a partial government shutdown, which […]
On Tuesday, Governor Cuomo gave his State of the State address in Albany and released his FY2020 Executive Budget, outlining his priorities for the current legislative session. Here is what we currently know about the Executive Budget and the Governor’s legislative priorities for housing. HCR Funding NYS Homes and Community Renewal (HCR) has been reappropriated $2.9 billion. This […]
The Department of Housing and Urban Development (HUD) and eight other federal government agencies have been closed for 13 days because the President and Congress have failed to come to a consensus on the remaining Fiscal Year 2019 spending bills due to a dispute over border wall funding. You can review HUD’s Contingency Plan for […]