Half of American renters are cost-burdened. And the money they overspend on housing costs is equivalent to a year’s supply of gas and groceries combined.
The data is clear — the country needs more affordable housing.
Housing is a basic human need, but stable housing is out of reach or hard to keep for too many people.
Let’s be clear: This is a policy choice, not an economic inevitability. We can solve homelessness if we address the gap between incomes and rent. https://t.co/AclsPAZ7hO
Inbox: 2024 HOPE survey results are in, showing 4,140 people experienced unsheltered homelessness on the night of Jan. 23
That's compared to 4,042 the year before (+2ish%)
In 2022, the count was 3,439
Who is down with #FFB! The Biden Administration is! TY for indefinitely continuing this successful #affordablehousing financing program! NYC has done over 10k units using it & with this extension we look forward to using it for many years to come!
Thank you @POTUS, @HUDGov, @USTreasury, & @OMBPress for indefinitely extending #FFB! This will provide us with cost-effective ways to finance more affordable housing for years to come, and allow more HFAs to participate in this critical program!
https://t.co/fMf759MXJw
Thank you @POTUS, @HUDGov, @USTreasury, & @OMBPress for indefinitely extending #FFB! This will provide us with cost-effective ways to finance more affordable housing for years to come, and allow more HFAs to participate in this critical program!
https://t.co/fMf759MXJw
The FFB Risk Share program has helped to finance over 10k affordable housing units in NYC alone. TY to our Congressional leaders for calling for the permanent extension of this successful program!
Federal action now could mean an infusion of critical resources & temporary flexibility in helping us fund #affordablehousing in NYC. The legislative package is before congressional members right now, but the window is finite - let them know you want to see this get done!
As Congress weighs enacting a tax package, two of the deal’s proposals could produce an additional 4,400 affordable homes in New York City, and over 200,000 nationally.
The House will vote on both this evening at 8pm: https://t.co/RMvclxXa9e
As Congress weighs enacting a tax package, two of the deal’s proposals could produce an additional 4,400 affordable homes in New York City, and over 200,000 nationally.
The House will vote on both this evening at 8pm: https://t.co/RMvclxXa9e
Petition to create a daily housing segment on @NY1 Mornings on 1?!
With so much happening at @NYCHousing@NYCPlanning@NYCHA, there’s certainly enough to talk about!
New Yorkers: Do you know about the federal resources that NYC uses to build more #affordablehousing? We rely on a wide variety of federal programs, especially #HOME, #CDBG, #Section8, #FFB and #LIHTC to finance our affordable housing development citywide. 🧵
We spent the morning at @HUDgov HQ w/ Deputy Secretary Adrianne Todman & GDAS Dominique Blom to discuss our shared priorities, including protecting critical HUD funding and enacting policies that will help more New Yorkers with vouchers secure stable and permanent housing.
In the afternoon, we met w/ White House OMB to brief them on our federal funding priorities, as well as advocate for improvements to several programs and financing tools that we rely on to house more New Yorkers.
NYC’s housing agencies will continue to advocate and fight for the tools we need to chip away at the housing crisis. We look forward to continuing to work together to push the needle to make this a #CityofYes for all of our neighbors.
Our final meeting of the day was catching up w/ @RitchieTorres, where we briefed him on our Congressional legislative agenda – notably our advocacy to pass the #AffordableHousing Credit Improvement Act – that will significantly expand our production of more affordable housing!
HPD & HDC had a fruitful trip to DC this week! Commissioner Adolfo Carrion, Ahmed Tigani, Ruth Moreira, Jessica Facciponti, & Brian Daaleman had the opportunity to speak with our federal partners about tools needed to incentivize the creation & preservation of #AffordableHousing.
❗️White House out w/new analysis of House Republicans’ reckless budget bill. At a time of increasing rents & homelessness, the bill would *eliminate* rental assistance for 800,000+ families!
Take action NOW, tell Congress #CutsHurt: https://t.co/mRJp75RcPo
Grateful for the foresight of the amazing research team at @NYChousing to collect data on NYers’ experience of the first year of COVID, knowing it may be the 1st major survey to collect such info. Better info will always help us prepare for whatever comes next.
Congress still has time to tweak the Low Income Housing Tax Credit to unlock vital funding for the production/preservation of affordable housing: lowering the percentage of project costs that need to be covered by PABs from 50% to 25% @SenSchumer@RepJeffries@SpeakerPelosi