Newsroom

NYHC HOME Program Explainer

Congress is proposing cuts to the federal HOME program. Read our explainer about this critical housing program, which provides housing funding in New York and across the country. Find a pdf of the policy brief here and inserted below. Read More

NYHC Analysis: Congress Passes Budget Bills Rejecting President Trump’s Harmful Proposals

The House and Senate Appropriations Committees have each approved THUD budget bills that reject the deeply harmful cuts and policy changes proposed in the President’s Budget Request. The Senate bill would provide $73.3 billion for HUD, an increase of about $3.3 billion from FY25 while the House provides $67.8 billion — a decrease of $939 million from […] Read More

NYHC Releases New Policy Brief on HUD Cuts with Analysis Featured in WSJ

In a new brief featured in the Wall Street Journal, New York Housing Conference finds that if enacted, the President’s FY2026 budget request would wreak havoc on tenants, landlords and lenders, and Government Sponsored Enterprises (GSEs).  President Trump’s FY2026 budget request proposed a 44 percent cut to funding for the U.S. Department of Housing and Urban Development […] Read More

NYHC and 100 Partners Send Letter to Congress Opposing HUD Cuts

NYHC and 100 partners sent a letter to the NY Congressional Delegation opposing President Trump’s budget proposal for HUD cuts, block grants and term limits, while supporting full funding for federal housing programs. Thank you to our partners for showing strong and broad opposition and explaining how extensive the harm will be to renters, landlords […] Read More

Council Passes FY 2026 Budget

This week the City Council passed the FY 2026 city budget after Mayor Eric Adams and Speaker Adrienne Adams announced a budget agreement last week. The adopted budget totals $115.9 billion, and housing funding is largely unchanged from the executive budget proposal. The Council added discretionary funding, a normal part of the process for the city budget, including […] Read More

NYHC Comments on Water Rate Increase

New York City Water Board is holding public hearings and accepting written comments on their proposed water rate schedule. The Water Board is proposing a water rate increase of 3.7 percent. This proposed increase is half of what we expected, and the board has increased funding for the Multi-Family Water Assistance Program. It is important […] Read More

NYHC Comments on City FHEPS Rule Change to Increase Tenant Contribution to 40%

Mayor Eric Adams is proposing a rules change to the City FHEPS program that would change the tenant contribution from 30% to 40% for households in the program for six years or more and have earned income. NYHC opposes the proposed change because it will increase burdens of low income households while providing very little […] Read More

House Passes Reconciliation Bill Impacting Housing, Healthcare and Food Assistance

The bill, H.R. 1, known as the “One Big Beautiful Bill Act”, passed by a vote of 215 in favor, 214 opposed, with one member voting present this morning. LIHTC expansion is included in the bill, including reducing the 50% test which has been one of our top legislative priorities. While this is good news for building […] Read More

NYHC Report on the Impact of the Abrupt End of EHV

New York Housing Conference released a new analysis about the impact of the sudden cut to funding for the Emergency Housing Voucher Program. The Emergency Housing Voucher Program (EHV) was part of a package of COVID relief passed in the American Rescue Plan Act of 2021. $5 billion was appropriated to fund 70,000 rental assistance […] Read More