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NYHC Op-Ed in LoHud: We can end New York’s affordable housing crisis. Congress must come through.
LoHud, part of the USA Today Network, published an Op-Ed by Rachel Fee highlighting the need for housing funding in the Build Back Better reconciliation plan. Despite the uncertainty and political infighting in Washington right now, we can be certain of one simple fact: New Yorkers are counting on their representatives to make the Empire […] Read More -
NYHC Op-Ed in City Limits: Expanding Section 8 Rental Assistance Would Be Transformative for NY
City Limits published an Op-Ed by New York Conference’s Rachel Fee highlighting the benefits of universal access to Section 8 rental assistance. This was a campaign pledge by President Joe Biden and in our report with HR&A Advisors, we found that 1.1 million households in New York alone would benefit from rental assistance if it […] Read More -
NYHC and More Than 150 Partners Call on NY Delegation to Protect Housing Funding in Build Back Better bill
The New York Housing Conference led a sign-on letter to the New York Delegation calling on them to protect housing funding in the Build Back Better reconciliation bill. Congressional leaders are negotiating the final plan, looking to shrink the overall cost to meet demands of moderate members of Congress. The current plan includes $330 billion […] Read More -
NYHC Op-Ed in NY Daily News: Washington must not miss this affordable housing opportunity
The New York Daily News published an Op-Ed by Rachel Fee calling on federal leaders to protect $330 billion of housing funding in the federal Build Back Better reconciliation package. Rachel said this is a historic opportunity and may be our last chance to start addressing our housing and homelessness crisis. Because negotiations over the […] Read More -
New York Housing Conference Remembers Rich Froehlich
The Board of Directors and staff of the New York City Housing Conference wish to express our profound sadness at the passing of Rich Froehlich, the New York City Housing Development Corporation’s First Executive Vice President and Chief Operating Officer. Rich was a leader, both in New York City and nationally, in affordable housing finance. […] Read More -
RLN Summer Series: Universal Rental Assistance: Economic Impact on NY
The New York Housing Conference and HR&A Advisors hosted a briefing on September 24, 2021, on a new report that examines the economic and fiscal impact of universal rental assistance on New York. Congress has proposed a significant expansion of Section 8 Rental Vouchers in the Build Back Better reconciliation bill, making this report especially […] Read More -
New NYHC Report on Universal Rental Assistance
The New York Housing Conference released a groundbreaking new report today studying the economic and fiscal impact of universalizing federal rental assistance programs like the Section 8 voucher, finding that the program would generate $14.7 billion in economic activity, including increasing household spending capacity in New York State by $8.5 billion, while adding 96,000 jobs […] Read More -
NYHC Analysis of Affordable Housing Investment in Federal Infrastructure Bills
Congress is prepared to make historic investments in affordable housing centered on President Biden’s vision of investing in communities to address racial inequity, climate change and economic recovery in his Build Back Better Plan. A two-track approach is underway to pass both a $1.2 trillion bipartisan infrastructure bill, the Infrastructure Investment and Jobs Act (IIJA) […] Read More -
Provisions in Bipartisan Infrastructure Bill Could Mean Competition for Housing Private Activity Bonds
The Infrastructure Investment and Jobs Act (IIJA), the bipartisan bill advancing in Washington, includes two new uses for private activity bonds, which will compete with affordable housing under state volume cap. Since federal tax-exempt private activity bonds are one of the most important financing tools to build and preserve affordable housing, Congress will need to adopt additional legislative changes to offset potentially negative impacts on affordable housing. Read our brief on the proposed changes and […] Read More -
NYHC in the News: August / September 2021
The New York Housing Conference was quoted in several stories and programs over the past several weeks about the state’s eviction moratorium and emergency rental assistance as well as the need for safety and legalization of basement apartments in New York City. See the links below. NY1 – Millions of Americans no longer protected by […] Read More