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NYHC Testimony Opposing Cuts to HPD Capital Budget
The New York Housing Conference submitted testimony to the New York City Council’s joint Finance Committee and Capital Budget Subcommittee Thursday on the fiscal year 2021 executive budget. NYHC is opposing the substantial cuts to HPD’s capital budget. Mayor de Blasio is proposing to cut $581 million from this year’s capital plan and $457 million […] Read More -
New York’s share of HUD relief funds falls short of coronavirus need
New York Housing Conference Executive Director Rachel Fee was quoted in Politico New York’s story about how HUD’s new formula for the second round of CARES Act CDBG money underfunds New York. The story notes that New York will receive about 7 percent of the $1 billion in Community Development Block Grant funding. In comparison, […] Read More -
NYHC Delegation Breakfast: Consensus Around Housing Assistance Needs
On May 4, NYHC hosted our Annual Congressional Delegation Affordable Housing Breakfast. Check out the video to hear the discussion on New York’s housing needs, the policy agenda for coming the year, and how we can support renters and homeowners amid the novel coronavirus pandemic. We are proud to bring together members of the NY […] Read More -
NYHC Recommendations for the COVID-19 4th Federal Stimulus Housing Priorities
The New York Housing Conference along with 15 other New York organizations sent a letter to majority and minority leaders in Congress and the New York Congressional delegation with recommendations for emergency housing and homelessness aid and longer-term measures needed in the next round of federal COVID-19 assistance. Congress allocated $12 billion in coronavirus assistance […] Read More -
New York Housing Conference urges HUD Secretary Carson to move quickly and prioritize areas hardest hit by Coronavirus.
On Friday, NYHC submitted an urgent request to the HUD Secretary, who is responsible for establishing the distribution formula for the allocation of nearly $6 billion in emergency relief funds in the CARES Act. NYHC was joined by other housing and homeless groups in the letter linked here. The groups want New York to receive […] Read More -
NYHC SUBMITS CRA COMMENTS TO OCC & FDIC
NYHC submitted comments to the Federal Deposit Insurance Corporation (FDIC) and Office of the Comptroller of the Currency (OCC) regarding their proposed changes to Community Reinvestment Act (CRA). Despite NYHC and other local/national groups calls for the suspension of both CRA comments and any non-COVID19 related comments, the comment period was not suspended. Comments are […] Read More -
NYS Budget Enacted. Some Housing Priorities Left Out in Difficult Fiscal Environment
Yesterday, Albany lawmakers passed a $177 billion budget, contending with short term liquidity problems and the other serious economic consequences of COVID-19. Below are housing highlights in the FY2021 enacted budget. For our summary of the new Prevailing Wage requirements, and our concerns regarding a new Public Subsidy Board, click here.The enacted capital budget for Homes & Community […] Read More -
NYS To Enact New Prevailing Wage Requirement
On Tuesday, we learned that a new prevailing wage requirement on construction projects performed under private contracts was being discussed and we sent an urgent opposition letter to Governor Cuomo, Speaker Heastie and Senate Leader Stewart-Cousins. Similar bills have surfaced in Albany in previous years and NYHC has been advocating for an affordable housing exemption. There is […] Read More -
NYHC Opposes Public Subsidy Board
New York Housing Conference wrote to Governor Cuomo, Speaker Heastie and Senate Leader Stewart-Cousins in partnership with Citizens Housing & Planning Council, Enterprise Community Partners Inc., New York State Affordable Housing Association, Association for Neighborhood & Housing Development and the Supportive Housing Network of New York. We expressed our appreciation for the affordable housing exemptions […] Read More -
New HUD COVID-19 Funding for NY
House Appropriations Committee Chairwoman Rep. Nita Lowey’s (D-NY) analysis outlines resources coming to New York in the $2 trillion stimulus package in response to the COVID-19 health crisis. New York state residents can expect $15 billion in unemployment benefits and $15.5 billion in direct payments. New York City can expect $1.4 billion in the relief […] Read More