NYC Housing Tracker
NYHC Federal Housing Housing Advocacy
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Last month, Mayor Mamdani released his FY 2027 preliminary budget. The housing budget was mostly unchanged while his team develops his housing plan. NYHC testified about housing issues and needs at four City Council hearings. Housing and Buildings Committee: NYHC testified highlighting three issues: ensuring sufficient capital resources for affordable housing production; the distressing CRISIS […] Read More
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There is a growing crisis of distress in affordable housing. A recent study by Enterprise Community Partners and LISC found more than half of the 428 projects in their portfolios (totaling 37,130 units) have negative cash flow. There are many causes for the growing distress and while this problem has been slowly brewing since 2020, […] Read More
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NYHC testified about the preliminary housing budget, focusing on three main issues: ensuring sufficient capital resources for affordable housing production; the distressing CRISIS in affordable housing we are witnessing; and the pressing need for reforms to improve efficiency in housing production. First, while we look forward to the Mamdani Administration’s new affordable housing plan later […] Read More