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NYHC Testifies on FY 2024 Preliminary City Budget
NYHC testified today on the FY 2024 preliminary city housing budget, touching four areas of concern. You can read our full testimony here. We remain concerned about understaffing at HPD and housing-related agencies. HPD has 170 fewer positions than January 2020 before the pandemic. We are seeing some progress – 1% increase in headcount from […] Read More -
New York’s Rental Arrears Crisis
The New York Housing Conference released a policy brief today studying the growing rental arrears crisis in New York State that began during the pandemic. The study looks at New York’s affordable housing stock, which includes all apartments operating under a regulatory agreement between the property owner and a government entity that restricts rent based […] Read More -
NYHC Policy Symposium: Solutions to NY’s Housing Supply Shortage
NYHC and the RLN hosted the third Winter Thought Leader event – a policy symposium on Solutions to NY’s Housing Supply Shortage this week. Experts on housing & zoning discussed NY’s challenges and solutions including Governor Hochul’s Housing Compact. At the first panel – The Housing Compact: Need and Impact – HCR Commissioner RuthAnne Visnauskas presented on the […] Read More -
Unlocking Housing Access: Transit Oriented Development and the New York Housing Compact
Earlier this year Governor Kathy Hochul announced her Housing Compact – a robust statewide strategy to increase housing supply and combat exclusionary zoning, with the goal of producing 800,000 new homes over the next decade. The land use proposals include statewide production goals, transit-oriented development and an appeals process. A new report commissioned by the […] Read More -
NYHC Testifies on State Housing Budget
Rachel Fee testified at the State Joint Legislative Budget Hearing on Housing, supporting Gov. Kathy Hochul’s Housing Compact, including housing growth targets and Transit-Oriented Development, and related infrastructure and planning funding. She also described support for new and existing tax incentives, the Housing Access Voucher Program and funding to address the rental arrears crisis in […] Read More -
NYHC Supports Bold Citywide Rezoning Proposal in the City of Kingston
Today New York Housing Conference submitted comment in support of a citywide rezoning proposed as part of the Kingston Forward Initiative. The proposal would allow for new, diverse housing types such as accessory dwelling units, duplexes, and triplexes, to meet a diversity of housing needs and price points, It sets affordability requirements, eliminates minimum parking […] Read More -
NYHC Releases Factsheet on New York Housing Compact
As part of her fiscal year 2023-2024 executive budget, Governor Kathy Hochul released the details of the Housing Compact – a robust statewide strategy to increase housing supply and combat exclusionary zoning, with the goal of producing 800,000 new homes over the next decade. The land use proposals include statewide production goals, transit-oriented development and […] Read More -
Gov. Hochul’s 2023-2024 Executive Budget Proposes Transformational Changes to Add Housing Supply
Governor Kathy Hochul released her fiscal year 2023-2024 executive budget which proposes $125.2 billion in state operating funds and $21.4 billion in capital funding. Housing is a major focus of the budget, which filled in details of the Housing Compact announced in her State of the State last month, and included related new spending like planning […] Read More -
Mayor Eric Adams’s Preliminary FY2024 Budget Spared HPD, Affects Service Agencies
Yesterday Mayor Eric Adams released his preliminary FY 2024 budget. Before the budget was released, Adams talked about the need for fiscal restraint and his budget director called on agencies to permanently cut half of their positions that were vacant as of October 2022. In response to the news of this letter, NYHC led a […] Read More -
Governor Hochul Announces Historic Land Use Proposals to Increase Housing Supply
Today at the State of the State, Governor Kathy Hochul announced the New York Housing Compact, a bold new statewide strategy to increase housing supply and combat exclusionary zoning, with the goal of producing 800,000 new homes over the next decade. The Housing Compact has the potential to be truly transformative for New York. It […] Read More