NYHC is advocating for a NEW Statewide Senior Housing Affordable Housing Program. In collaboration with many senior and affordable housing organizations, NYHC is seeking $250 million over 5 years to fund 500 new senior housing units annually. Demand for senior housing is growing: By 2030, NYC will see a 47% increase in senior population. The […]
On February 9th, President Barack Obama released his budget request for FY 2017. The President called for more than $48 Billion in 2017 spending for the U.S. Department of Housing and Urban Development (HUD), an increase of about $2B over FY 2016. Much of the proposed increase in spending would be devoted to a much […]
The New York Housing Conference testified in Albany on Monday, February 1st in support of Governor Cuomo’s affordable housing budget which provides unprecedented support for homeless initiatives and 100,000 new affordable housing units over 5 years. We also expressed serious concern regarding new volume cap approvals and recommend that new reporting requirements be adopted instead. […]
Last week, Mayor Bill de Blasio announced his preliminary 2017 fiscal year budget for New York City. The budget which totals $82.1 billion funds the Mayor’s promise to raise the minimum wage for city workers and provides additional support to combat homelessness. In particular, the Mayor is calling for additional FY2017 investments of $8 million […]
In partnership with NYSAFAH, LiveOn NY and ANHD, we have a new two-pager outlining the benefits and impact of City Planning’s proposed Zoning for Quality and Affordability initiative. This suite of zoning enhancements benefits affordable housing development without making substantial changes to New York neighborhoods. CLICK HERE to download this new material to reach out […]
“As of November, $2.08 billion in settlements are sitting in an unbudgeted reserve in the state’s Dedicated Infrastructure Investment Fund… The New York Housing Conference urges lawmakers to focus at least $1 billion of this substantial sum toward five priority areas to address our affordable housing crisis…”
“It’s a tremendous step, and we’re really pleased about the investment the city committed to,” said Rachel Fee, Executive Director of the New York Housing Conference, an affordable housing advocacy group. “But the city cannot solve homelessness on its own. We still need to see the governor commit to solving this problem…”
“For us it’s a no brainer that we should be investing in affordable housing and not subsidizing expensive parking,” said Rachel Fee, of the New York City Housing Conference. “We’re facing an affordable housing crisis. Homelessness is through the roof. And more than one in three New Yorkers pay more than half their income on […]