The nine-member Rent Guidelines Board (RGB) voted Tuesday to raise rents by 3.25 percent on one-year leases and by 5 percent on two-year leases, the highest increase for rent-stabilized…
The Department of Homeless Services (DHS) is re-evaluating its guidelines for sheltering older homeless adults and people with significant health problems that make them especially vulnerable to COVID-19, who can…
One big problem with Community Benefits Agreements (CBAs), experts say, is that they’re not laws, but rather private contracts between a developer and community groups. And if those groups aren’t…
“Having housing and a place to call home gives one hope and stability, which is essential, especially when you grew up in a system that gave you neither.”
The new budget directs $2.4 billion to homeless services in the coming fiscal year, invests billions more in housing over the next decade and funds an increase to rental assistance…
When COVID-19 hit, policymakers saw an opportunity: The city had interconnected affordable housing and homelessness crises; the city also had hundreds of empty hotels hemorrhaging cash. But a year after…
“The very forces contributing to a worsening housing emergency are also impacting the workers tasked with solving that crisis. Those who work to find permanent and safe apartments for the…
Non-profit developers and tenants rights advocates have also been sounding the alarm on the need to create more income-restricted apartments across the five boroughs and to keep existing renters stably…
” We propose a new hybrid financing model that would combine a land value tax (LVT) and community land trusts (CLTs) to address New York’s changing fiscal environment as well…