The so-called Fair Housing Framework, sponsored by City Council Speaker Adrienne Adams and passed unanimously by the Council Thursday, will task city agencies with creating a housing plan every five years that includes production targets for each of city’s 59 community districts—though stops short of mandating development.
At a a recent hearing, members of the NYC Banking Commission heard from advocates who described redlining, predatory and discriminatory lending practices, and substantial investments in the fossil fuel industry by major banks applying to hold tens of millions of city dollars. Yet the commission promptly approved all of the nearly 30 banks that applied.
City Limits rounds up the latest housing and land use-related events, public hearings and upcoming affordable housing lotteries that are ending soon.
City Limits rounds up the latest housing and land use-related events, public hearings and upcoming affordable housing lotteries that are ending soon.
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 housed, especially in communities of color.
ANHD’s 2022 Housing Risk Chart highlights the compounding pressures, and risks, to affordable housing in dozens of neighborhoods. Indicators of speculation, gentrification, and displacement pressure are distributed throughout the city and show the necessity of tenant and homeowner counseling and support programs that defend affordability in every neighborhood.
“It’s easy to cast all opposition to developments as NIMBY, but this ignores crucial racial and economic differences between neighborhoods and disparities in who has the power to decide the future of their communities.”
‘If NYC’s leadership can commit to ending traffic deaths—not just to the tools they’ll use to achieve it but to the actual goal—then they should be able to do the same on the housing issues that shape our lives,’ housing advocates ANHD said in their analysis of the candidates’ written policies.
In 1945, near the end of the WWII, the city instituted commercial rent control as an emergency wartime measure, authorized by the state. Advocates are calling for a similar response to the COVID-19 crisis.
The Association for Neighborhood Housing and Development released its annual data graphic report Thursday, cataloging the risks to affordable housing in each of the city’s 59 community districts.
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