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NYHC Analysis of NYC FY2026 Executive Budget Proposal
Last week, Mayor Eric Adams released his FY 2026 Executive budget. He announced two new housing funding proposals: $350 million for NYCHA’s PACT and Trust programs and $46 million in expense funding for supportive housing to create and preserve 5,850 supportive, congregate housing units as part of the NY 15 / 15 program. However, as […] Read More -
NYHC Launches Mayoral Candidate Tracker
NYHC recently launched our 2025 Mayoral Candidate Housing Platform Tracker where we have summaries and links to leading candidates’ housing platforms. In addition, NYHC sent all of the leading candidates a questionnaire about major housing issues and our Platform Tracker shows their answers. See the tracker here. Also, last week NYHC partnered with the NYU […] Read More -
Trump’s Budget Would Destabilize Housing Market Causing Evictions & Multifamily Defaults
Last week President Trump proposed a $33.6 billion cut to HUD in his “skinny” budget – a high-level outline of his budget priorities. Overall, the HUD budget is slashed by nearly 44%, with complete elimination of some programs and harmful policies designed to undermine the remaining programs. If enacted, it would dismantle the housing safety net for over a million people across New York State, upend rental payment […] Read More -
NYHC Releases 2025 Housing Tracker
The New York Housing Conference released the 2025 Housing Tracker report and updated the data on the NYC Housing Tracker website today. This is the fourth Housing Tracker report, and the data in the report shows the same trend as in the previous three reports: housing is built unevenly across New York City’s 51 council […] Read More -
NYHC Testimony on NYC Housing Connect and Re-Rentals
On Tuesday, April 29th, NYHC testified at the NYC Council Committee on Housing & Buildings oversight hearing on reforming NYC’s affordable housing lottery. The committee heard three bills that aim to improve Housing Connect for applicants. Filling Vacant Re-Rental Units – This bill would require that HPD post on the housing portal any re-rental if […] Read More -
NYHC Calls for Land Use Reforms at Charter Revision Commission
In testimony to the New York City Charter Revision on Wednesday, NYHC called for reforms to city land use that would support affordable housing development and new housing citywide. In order to address the issues of housing affordability and inequitable patterns of development, NYHC calls on the commission to focus on changes that: As such, […] Read More -
NYHC Testimony to the NYC Council Committee on Housing and Buildings Hearing
New York Housing Conference submits testimony to the NYC Council Committee on Housing and Buildings Hearing on FY2026 Preliminary Budget. Testimony focus on three issues. First, we are concerned about a significant decrease in housing capital funding after FY 2026 proposed in the preliminary budget and recommend continuing a baseline funding level of $4 billion in housing […] Read More -
NYHC New Policy Brief: Housing Capital Budget Cliff
New York Housing Conference releases new Policy Brief: Housing Capital Budget Cliff, showing the steep decline in resources in upcoming years to build and preserve affordable and public housing. New York City’s housing capital budget, which includes City funding for the Department of Housing Preservation and Development (HPD) and the New York City Housing Authority […] Read More -
Federal Update: What does DOGE and budget reconciliation mean for housing?
DOGE’S CHAINSAW In a leaked memo, aplan was revealed to reduce HUD staff by 50%, from 8,313 staff to 4,047. Provisional staff (606 of them) have already been fired and the next targets are GS13 civil service level and below. Program areas would face steep losses, which are sure to impact HUD-assisted households and affordable housing […] Read More -
NYHC Analysis: Housing Connect Re-Rental Vacancy Problems
NYHC released a new policy brief today: Housing Connect Re-Rental Vacancy Problems. The brief looks at lengthy delays re-renting affordable housing units, costing developers thousands of dollars and delaying desperately needed housing for New York City’s struggling households. The City must prioritize re-renting affordable housing as quickly and efficiently as possible. This will prevent affordable […] Read More