• Analysis of Mayor Adams’s FY25 Executive Budget

    Mayor Eric Adams released his FY 2025 executive budget on Wednesday, proposing a $111.6 billion city budget. As promised recently, this budget does not include another round of cuts (called Program to Eliminate the Gap, or PEGs). Expense Budget In the fall, Mayor Adams had planned to make three rounds of 5% cuts to city […] Read More
  • Albany Enacts Budget to Spur Housing Supply

    Last week New York’s $237 billion FY 2025 budget was released. It takes significant steps toincrease housing supply and addresses other policy issues such as affordable housing insurancediscrimination, deed theft and tenant protections and funding was maintained for vital housingprograms. However, the budget once again excluded the Housing Access Voucher Program,which would have provided rental […] Read More
  • NYHC Leads Strong Yes to Housing Coalition Rally at City Hall Steps

    Yesterday, NYHC hosted a Yes to Housing coalition rally at City Hall Park, loudly supporting the City of Yes for Housing Opportunity. We had great turnout and media coverage. Our coalition is 125 organizations and growing. We showed the strength of the coalition both in terms of numbers and the wide-range of community voices we’re […] Read More
  • NYHC Writes in Strong Opposition to Proposed Rent Reset Bill

    New York Housing Conference recently wrote in strong opposition to S6352-C/A6772-A – a rent reset bill that would undermine the Housing Stability and Tenant Protection Act’s (HSTPA) provisions to prevent excessive rent hikes in rent stabilized apartments at vacancy. NYHC recognizes the HSTPA limitations on major capital improvements (MCIs) and individual apartment improvements (IAIs) are […] Read More
  • NYHC: Alarming Risk of Rising Insurance Costs for Affordable Housing

    Rapid increases in insurance costs are adding pressure to increase rents and putting the financial viability of affordable multifamily rental housing at risk. To better understand the extent of skyrocketing insurance costs for affordable housing in recent years, the New York Housing Conference examines cost escalation, market discrimination, and decreasing coverage and outlines recommendations for […] Read More
  • NYHC Testifies About Housing and Vacancy Survey

    The New York Housing Conference testified before the New York City Council Housing and Buildings Committee this week on the 2023 Housing and Vacancy Survey. The HVS clearly shows that NYC continues to face a housing emergency that warrants the continuation of rent stabilization laws. It also highlights the urgency of meeting a growing need […] Read More
  • NYHC Releases 2024 Policy Priorities

    New York Housing Conference released our 2024 Policy Priorities for city, state and federal housing policy. NYHC’s mission is to advance City, State and Federal policies and funding to support the development and preservation of decent and affordable housing for ALL New Yorkers. Working towards achieving this mission, in 2024 we are prioritizing: See our […] Read More