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NYHC Comments on Gov Hochul’s State of the State, Pushing for $6B Housing Plan on Capital Tonight & Capital Pressroom
New York Housing Conference is leading a coalition of housing advocates urging the Governor to invest in producing more affordable housing. Rachel Fee talks about the need for a $6 billion investment over 5-five years which will grow to $13.5 billion if President’s Build Back Better plan does not get passed. You can view the […] Read More -
Gov. Hochul Proposes New Affordable Housing Plan
In her State of the State today, Governor Kathy Hochul proposed a bold new $25 billion, 100,000-unit, 5-year housing plan (SOTS page 125). We thank Governor Hochul for putting forward a plan to increase affordability, sustainability and equity in New York. We will be closely following the budget proposal to be released later this month to ensure […] Read More -
United for Housing Asks Mayor-Elect Eric Adams to Appoint a Deputy Mayor for Housing and Homelessness
United for Housing, a coalition of more than 90 organizations led by the New York Housing Conference, sent a letter to Mayor-elect Eric Adams calling on him to appoint a deputy mayor for housing and homelessness. Affordable housing is such a critical issue for New Yorkers and is central to the City’s economic recovery and […] Read More -
NYHC’s Rachel Fee on Max Politics Podcast
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 […] Read More -
NYHC and Partners Release Report Calling for New State Five Year Housing Plan
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 […] Read More -
United for Housing: 10 Things Eric Adams Should Do in his First 100 Days
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 […] Read More -
Analysis of Housing Investment in Latest Build Back Better Act and Enacted Infrastructure Bill
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 […] Read More -
Infrastructure Investment and Jobs Act Signed Into Law!
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, […] Read More -
NYHC Testifies in Support of SoHo / NoHo Neighborhood Plan
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 […] Read More -
LIHTC Expansion Makes it into Build Back Better!
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 […] Read More