Newsroom

NYHC Testifies at Assembly Rent Regulation Hearing

Today, Rachel Fee testified at the public hearing regarding Rental Housing & Tenant Protections in front of New York State Assembly Housing Committee. Assembly Speaker Heastie and Assembly Housing Committee Chair Cymbrowitz have put forward a powerful package of reform proposals which will protect renters with the goal of stemming this worsening crisis. We support […] Read More

Assembly Member Rodriguez Introduces NYCHA Revenue Proposal

Today, Assembly Member Robert Rodriguez announced new legislation (A7092) to renew and reform the coop/condo tax abatement and redirect revenue to preserve NYCHA housing. We commend Assembly Member Rodriguez for introducing this important legislation and for advancing our legislative proposal. The coop/condo abatement costs NYC about $600 million annually. This proposal will renew the abatement for 90% of beneficiaries […] Read More

Progressive Budget Leaves out NYCHA for Now

Earlier this week New York State Lawmakers passed a $175 billion budget adopting several progressive policy changes with some notable exceptions- public housing being the glaring one. NYHC housing has been advocating for long-term capital funding for NYCHA and dedicated revenue from luxury real estate taxes. The failure of Albany lawmakers to include public housing […] Read More

Preliminary Analysis of NYS Budget Proposals

The New York State Senate and Assembly each released their budget bills today with major implications for affordable housing. The Legislature will negotiate with Governor Cuomo to come to agreement on a budget by April 1st. We are grateful to Assembly Speaker Carl Heastie, Senate Leader Andrew Stewart-Cousins and Housing Chairs Steven Cymbrowitz and Brian […] Read More

Preliminary Analysis of Trump Budget’s Impact on Affordable Housing in New York

President Trump’s FY 2020 budget proposal entitled “A Budget for a Better America: Promises Kept. Taxpayers First” was released today highlighting the Administration’s top priorities, of which housing definitely is not one. This budget includes $2.7 trillion in spending cuts—higher than any other administration in history and reduces non-defense discretionary spending. The administration requests $44.1 billion in funding […] Read More

NYHC Opposes New State Prevailing Wage Requirements

NYHC opposes two bills that have been introduced in the State Legislature this session to establish a new requirement for prevailing wages on construction projects developed with public subsidies. A1261/S1947-Bronson/Ramos- Prevailing wages for all construction workers on City-funded development projects, with the exception of housing where 75%+ of building is 60% or below AMI. Annual […] Read More

Federal Budget Shows Support for Housing Including New Mobility Funding!

Congress and the President were able to pass a budget bill package to avoid another costly and dangerous government shutdown. The FY 2019 HUD and USDA spending bills needed to fund programs through September were included in the package. The strong Congressional support for HUD programs in last year’s spending bill has been maintained into FY 2019 […] Read More

Mayor’s Budget and Call to Action to #SaveNYCHA

On February 7th, the Mayor released his preliminary budget totaling $92.2 billion dollars, including $3 billion in new spending. He also set a savings goal of $750 million, which will be achieved in part by deepening the City’s partial hiring freeze and implementing his Administration’s first Program to Eliminate the Gap (PEG). The Mayor started […] Read More