As more than half of all renters statewide are struggling to afford their homes and more than 80,000 New Yorkers are still homeless, slashing the budget of the federal Department of Housing and Urban Development would make our state’s already urgent housing crisis worse that it has ever been before. Read More
President Trump’s budget request to Congress was released today and it provides $6.2 billion in cuts as per the “skinny” budget but this is actually $7.4 billion in housing cuts compared to current 2017 levels. The budget increases defense spending by $52 billion by slashing non-defense programs such as HUD assistance, food stamps, TANF and […] Read More
The New York State Legislature passed a $153 billion FY 2017-2018 budget on April 9th. The spending plan appropriates $2.7 billion for affordable housing including $2.5 billion for a new 100,000-unit, state-wide, 5-year housing plan. NYHC would like to again thank Governor Cuomo, Speaker Heastie, and Majority Leader Flanagan for funding the 5-year housing plan […] Read More
The New York Housing Conference Advisory Board yesterday hosted the New York Congressional Delegation for a strategy session to protect affordable housing from looming challenges. Rep. Yvette Clarke, Rep. Hakeem Jeffries and Rep. Nydia Velázquez joined us along with staff from other offices includes Senator Schumer’s. Following presentations from the leadership at HPD, HDC, NYCHA and […] Read More
Buoyed by Senator Schumer’s support last week, the #NoCuts Coalition organized a rally protesting $6 billion in proposed housing funding cuts in the Trump administration’s skinny budget last Thursday. The rally offered boisterous support from Congresswoman Velázquez and culminated in the arrest of Councilman Ritchie Torres and organizing leaders after blocking traffic on Broadway in […] Read More
We’ve broken down the astounding cuts proposed by the White House to federal housing programs and the impact on New York State. The continuing resolution expires on April 28th. We are hoping for another CR at the same funding level but it is unclear how the budget will be resolved. President Trump is asking Congress […] Read More
This weekend, the New York State Legislature passed a $153 billion spending plan for 2017-2018. In addition to affordable housing programs funded through annual appropriations and the Mortgage Insurance Fund, the budget includes $2.5 billion for a 5-year statewide housing plan proposed by Governor Cuomo. Making good on a year-old promise to launch a new […] Read More
Our Young Leaders hosted HPD Commissioner Maria Torres-Springer in the finale of its “Thought Leaders” series this week. The Commissioner praised the holistic approach the city applies to housing policy that incorporates economic and workforce development and looks forward to building on HPD’s continuing work in this effort. She advised younger professionals in the industry […] Read More
Rachel Fee, Executive Director, New York Housing Conference, and Judi Kende, New York market leader at Enterprise Community Partners, argue in this op-ed that “it has been nearly a year since state leaders committed $2 billion for affordable housing across the state through a Memorandum of Understanding (MOU), but they have yet to release the […] Read More
“We’re not opposed to incentives for the construction of rental housing and we’ve supported 421A in the past, but in Albany, tying these things together makes it very difficult to make progress on affordable housing,” NYHC’s Rachel Fee. “At this time of federal uncertainty we need local progress and local investment so we’re relying on […] Read More
