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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 -
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Recap: NYHC Webinar on 421a and Good Cause Eviction Policy Briefs
The New York Housing Conference recently hosted a webinar on two policy briefs on Good Cause Eviction and 421a. Frustrated by state inaction on housing last session and incomplete information on critical issues, the nonprofit adds data and analysis to help shape the discussion. The first brief analyzed data from the 2021 New York City […] Read More -
Senate Finance, House Ways & Means Announce Tax Framework That Includes LIHTC
This morning, House Ways and Means Committee Chairman Jason Smith (MO-08) and Senate Finance Committee Chairman Ron Wyden (D-OR) announced a bipartisan, bicameral tax framework that includes two much needed reforms to the Low Income Housing Tax Credit. It restores the 12.5 increase for the 9 percent LIHTC through 2025 and lowers the 50 percent bond-financing requirement for […] Read More -
NYHC Releases New Policy Briefs on 421a and Good Cause Eviction
The New York Housing Conference released two policy briefs today on Good Cause Eviction and 421a. Frustrated by state inaction on housing last session and incomplete information on critical issues, the nonprofit adds data and analysis to help shape the discussion. The first brief analyzes data from the 2021 New York City Housing and Vacancy […] Read More -
NYHC Updates Analysis of Arrears in Affordable Housing
New York Housing Conference has updated our analysis from last spring of arrears in affordable housing. The analysis shows that arrears in affordable housing remain at exceptional levels. In more than 52,000 units operated by nonprofit and for-profit providers, 17,880 units – 34 percent of households – in affordable housing are in arrears of more […] Read More