Mayor Eric Adams (D) made housing one of his main priorities at his 2023 State of the City speech along with jobs, care, and safety and quality of life.
During the State of the State, Governor Kathy Hochul announced the New York Housing Compact, a statewide strategy to increase housing supply and combat exclusionary zoning, with the goal of producing 800,000 new homes over the next decade.
Mayor Eric Adams announced new proposals to address the housing crisis and set a “moonshot” goal of meeting the need for 500,000 new homes over the next decade.
New York State announced the Climate Friendly Homes Fund (CFHF), which will provide $250 million in funding for electrification retrofits of affordable multifamily housing developments in the state.
New York State Homes & Community Renewal is offering $250 million via its Climate Friendly Homes Fund to electrify or partially electrify 10,000 units of multifamily housing that serve economically disadvantaged communities.
Mayor Eric Adams (D) released his housing plan, which included in one plan NYCHA, homelessness, affordable housing production, health and safety, and reducing administrative burdens.
Governor Kathy Hochul (D) and the Legislature reached an agreement last week on the FY2023 Budget, which includes a new $25B, five-year statewide affordable housing plan, some funding for NYCHA, and much-needed aid to renters still facing the financial instability brought by the COVID-19 pandemic.
A new report from the NYU Furman Center provides a detailed picture of the housing produced under the contentious 421-a tax exemption, including how trends shifted when the program was last reauthorized.
HUD’s most recent “In Depth” article highlights a New York state ordinance that expands protections for renters.
New York City Mayor Eric Adams announced his housing leadership team. He named Jessica Katz the chief housing officer at City Hall.
In her State of the State address, Governor Kathy Hochul (D) proposed a new $25 billion, 100,000-unit, five-year housing plan (SOTS page 125).
New York Gov. Kathy Hochul (D) convened a special session of the New York state legislature, which then voted to extend the eviction moratorium until Jan. 15, 2022 and implement certain changes to the moratorium to address two recent Supreme Court decisions that blocked portions of the State’s moratorium and the larger Federal moratorium.