NYHC Hosts Congressional Leaders to Discuss Federal Opportunities For Housing In Election Year and Beyond

This week, NYHC held our 2nd Annual New York Congressional Delegation Affordable Housing Breakfast. This year we focused on opportunities in the election year and beyond in a new administration. Thank you to Rep. Hakim Jeffries (D-NY8), Rep. Charlie Rangel (D-NY13) and Rep. Nydia Velázquez (D-NY12) who participated in a discussion with NYHC Advisory Board […]

Senators Schumer & Cantwell Join Leading NYC Housing Advocates to Urge Congress to Expand LIHTC

“As a statewide affordable housing policy and advocacy organization, the New York Housing Conference recognizes the desperate need for additional federal resources to combat our State’s affordable housing crisis,” said Rachel Fee, Executive Director of the New York Housing Conference. “We thank Senators Schumer and Cantwell for supporting the low-income housing tax credit… as this […]

Advocates Wary of Lawsuit Over City’s Affordable Housing Preferences

With a lawsuit challenging community preference which gives community members an inside-track on affordable housing built in their neighborhood, “will de Blasio be able to get the local support he needs to redraw the city’s housing map? ‘There’s a lot of real anxiety about it,’ says Rachel Fee, executive director of the New York State […]

State Housing Plan Comes into Focus at NYHC Symposium

NYS Homes and Community Renewal Commissioner Jamie Rubin announced that the agency is getting closer to finalizing the details of the state’s housing plan. This is some relief to an affordable housing community concerned about the lingering uncertainty. “There are enough barriers to building affordable housing,” said Rachel Fee, head of the New York Housing […]

Update on LIHTC Income Averaging

Senator Maria Cantwell (D-WA) announced last week that she intends to introduce reforms to the Low Income Housing Tax Credit and seek a 50% increase in this tax expenditure program to create more affordable rental housing opportunities across the U.S. We expect Income Averaging of the tax credit, one of NYHC’s top legislative priorities, to […]

NYHC Issues Enacted State Housing Budget Analysis

On Friday, Governor Cuomo and leaders of the NY State Legislature announced a budget deal with significant new funding for affordable housing. New York Housing Conference thanks Governor Cuomo and members of the NY State Legislature for $2 billion in new funding for a comprehensive statewide housing plan to combat housing affordability and homelessness. With big […]

Builders of Affordable Housing Applaud Historic Housing Reforms

“With the passage of sweeping zoning reforms which will mandate affordable housing in upzonings and make more efficient use of each available site, the de Blasio administration has made huge strides towards achieving their goal of combatting the affordable housing crisis in New York City. Layer on the significant capital plan and we are well […]

One-House Bills Fund New Statewide Affordable Housing Plan

On March 15th, one-house budget bills were passed by the Assembly and Senate as part of the NY State FY 2017 budget process in which lawmakers are expected to enact a budget by April 1.  NYHC applauds both houses for budgets that will significantly increase investment to affordable housing and for supporting Governor Cuomo’s budget […]

Update on Mayor de Blasio’s Zoning Proposals

This week the City Council announced a deal that paves the way for the two proposals known as Mandatory Inclusionary Housing (MIH) and Zoning for Quality and Affordability (ZQA) to be passed at a Council vote later this week. In a deal that responds to community calls for deeper affordability and tweaks zoning regulations to […]

The City Council Can Still Save NYC Millions in 20FT

ZQA can unlock underutilized 202 parking lots turning baron asphalt into affordable homes for New York City’s low-income seniors.  Only 20 ft stands in the way of turning the Bronx site in the photo below into affordable senior housing. The City Council should make one final change to ZQA to fix restrictive rear and side […]