• NYHC Launches New York City Housing Tracker

    New York Housing Conference launched the New York City Housing Tracker on Monday and released a report analyzing the affordable housing production data. The tracker is a web-based tool tracking important housing statistics and affordable housing production by City Council district. You can find the tracker here. The report found that the city is not […] Read More
  • NYHC Testifies in Support of NYCHA PACT Program

    The New York City Council Committee on Public Housing held an oversight hearing on the impact of PACT / RAD this week. New York Housing Conference’s Brendan Cheney testified about the importance of PACT given the lack of direct capital subsidy from the federal, state and city governments: The federal government has shirked their responsibility […] Read More
  • NYHC Testifies that Housing is the Solution to Unsheltered Homelessness

    The New York City Council’s Committee on General Welfare held an oversight hearing on unsheltered homelessness this week, asking for more information about Mayor Eric Adams’s policies for people that are unsheltered on public transportation or living in encampments in public spaces. Brendan Cheney testified for the New York Housing Conference about the importance of […] Read More
  • Mayor Adams Executive Budget Adds $5B Over 10 Years – Far Less Than Promised

    Mayor Eric Adams increased capital funding for housing by $5 billion over ten years in his fiscal year 2023 executive budget. While this does represent historic funding for housing, this increase is less than the Mayor promised and less than is needed. This new funding will bring total housing capital spending up to roughly $2.5 […] Read More
  • Hochul’s New $25B Housing Plan In Enacted Budget!

    Governor Hochul and the Legislature reached an agreement last week on the FY2023 Budget, representing $220B in spending. We are pleased that the budget includes a new $25B, 5-year statewide affordable housing plan, some funding for NYCHA, and much-needed aid to renters still facing the financial instability brought by the Covid-19 pandemic. The state’s new […] Read More
  • City Council Calls for $4B for Affordable Housing Capital

    In their FY 2023 Budget Response the City Council called on Mayor Eric Adams to honor his campaign promise to allocate $4 billion for affordable housing capital per year, including $2.5 billion for HPD and $1.5 billion for NYCHA. The Council’s proposal is worth reading in full: “Mayor Adams signed a campaign pledge to commit $4 billion […] Read More
  • President Biden Requests $72B for HUD in FY23 Budget Proposal

    President Biden released his FY2023 Budget Proposal requesting $71.9 billion for the Department of Housing and Urban Development (HUD), about $6.2 billion more than what was enacted in the FY2022 spending bill. The administration seeks significant increases in funding to expand rental assistance and increase affordable housing supply and opportunity for homeownership. However, it also proposes funding levels for some […] Read More
  • Rachel Fee Op-Ed Supporting the state Housing Access Voucher Program

    New York Housing Conference executive director Rachel Fee wrote an Op-Ed in LoHud calling on the state to pass and fund the Housing Access Voucher Program. The rental assistance program, modeled after Section 8 where tenants pay no more than 30 percent of their income on rent and the government pays the difference, is supported […] Read More