Rachel Fee was on the Max Politico Podcast yesterday, talking about affordable housing in the new Adams administration. Rachel joined John Sanchez, District Manager of Bronx Community Board 6 and Board Member of Open New York, and host Ben Max, editor of Gotham Gazette. Rachel talked about the need to address the housing and homelessness […]
The New York Housing Conference in coalition with 16 affordable housing experts, nonprofits, and organizations released a critical new report today calling on Governor Hochul and the Legislature to enact a new 5-year housing plan that would more than double past investment at a pivotal moment. The report outlines the extent of the need for housing investment […]
United for Housing, a coalition of more than 90 organizations led by the New York Housing Conference, sent a memo to Eric Adams with 10 things he should do in the first 100 days to start to address the housing crisis. The recommendations include allocating $4 billion for housing capital and $200 million for rental […]
Congress recently passed the Infrastructure Investment and Jobs Act and continues to debate the Build Back Better Act. We have analyzed both with information on how they will impact New York. The price tag on the latest version of the Build Back Better Act has decreased to meet the demands of Housing and Senate moderate […]
Today, President Joe Biden signed the bipartisan Infrastructure Investment and Jobs Act (IIJA), a historic and impactful investment in our nation’s infrastructure. The $1 trillion bill includes $500 billion in new spending over 5 years to repair our highways, roads and bridges and modernize public transportation. It invests in clean drinking water, energy efficiency and resilience, […]
New York Conference testified to the New York City Council Subcommittee on Zoning and Franchises in support of the SoHo / NoHo neighborhood plan. which, among other changes, would bring desperately-needed affordable housing to the neighborhood. The city is facing an affordable housing crisis and every neighborhood needs to participate in the solution. The SoHo/NoHo […]
We are excited to share that another of our top priorities has made it into the updated Build Back Better bill released this afternoon, which will help to significantly expand affordable housing supply in New York. The amended bill reduces the 50% bond financing requirement to 25% for the 4% LIHTC for years 2022, 2023, 2024, 2025 and […]
United for Housing, a coalition of more than 90 organizations led by the New York Housing Conference, shared transition priorities with Eric Adams. The memo describes how the coalition wants Adams to approach the transition and the qualifications his housing leadership should have. You can see the memo here.
Yesterday the Whitehouse officially released the framework for a $1.75 trillion Build Back Better Act, including $150 billion for affordable housing. This includes: $65 billion to repair and preserve public housing. This could make a significant dent in the $40 billion NYCHA capital need. $25 billion in rental assistance that prioritizes extremely low-income households and those experiencing or at […]
The New York Housing Conference and 13 partner organizations are calling on the state to issue a new five-year affordable housing plan and to sign legislation requiring these plans in the future. The last five-year budget commitment that expired last year created 27,112 affordable and supportive units (as of March 31, 2021), materially bettering the […]