The New York Housing Conference released a policy brief today studying the growing rental arrears crisis in New York State that began during the pandemic. The study looks at New York’s affordable housing stock, which includes all apartments operating under a regulatory agreement between the property owner and a government entity that restricts rent based […]
NYHC and the RLN hosted the third Winter Thought Leader event – a policy symposium on Solutions to NY’s Housing Supply Shortage this week. Experts on housing & zoning discussed NY’s challenges and solutions including Governor Hochul’s Housing Compact. At the first panel – The Housing Compact: Need and Impact – HCR Commissioner RuthAnne Visnauskas presented on the […]
Earlier this year Governor Kathy Hochul announced her Housing Compact – a robust statewide strategy to increase housing supply and combat exclusionary zoning, with the goal of producing 800,000 new homes over the next decade. The land use proposals include statewide production goals, transit-oriented development and an appeals process. A new report commissioned by the […]
Rachel Fee testified at the State Joint Legislative Budget Hearing on Housing, supporting Gov. Kathy Hochul’s Housing Compact, including housing growth targets and Transit-Oriented Development, and related infrastructure and planning funding. She also described support for new and existing tax incentives, the Housing Access Voucher Program and funding to address the rental arrears crisis in […]
Today New York Housing Conference submitted comment in support of a citywide rezoning proposed as part of the Kingston Forward Initiative. The proposal would allow for new, diverse housing types such as accessory dwelling units, duplexes, and triplexes, to meet a diversity of housing needs and price points, It sets affordability requirements, eliminates minimum parking […]
As part of her fiscal year 2023-2024 executive budget, Governor Kathy Hochul released the details of the Housing Compact – a robust statewide strategy to increase housing supply and combat exclusionary zoning, with the goal of producing 800,000 new homes over the next decade. The land use proposals include statewide production goals, transit-oriented development and […]
Governor Kathy Hochul released her fiscal year 2023-2024 executive budget which proposes $125.2 billion in state operating funds and $21.4 billion in capital funding. Housing is a major focus of the budget, which filled in details of the Housing Compact announced in her State of the State last month, and included related new spending like planning […]
Yesterday Mayor Eric Adams released his preliminary FY 2024 budget. Before the budget was released, Adams talked about the need for fiscal restraint and his budget director called on agencies to permanently cut half of their positions that were vacant as of October 2022. In response to the news of this letter, NYHC led a […]
Today at the State of the State, Governor Kathy Hochul announced the New York Housing Compact, a bold new statewide strategy to increase housing supply and combat exclusionary zoning, with the goal of producing 800,000 new homes over the next decade. The Housing Compact has the potential to be truly transformative for New York. It […]
NYHC sent a letter, co-signed by 111 organizations, to Mayor Eric Adams this week opposing staffing cuts to housing agencies and calling on him to increase housing capital funding to meet rising construction costs and interest rates. According to press reports, city agencies are being required to cut half of the positions vacant as of […]