In New York City, accumulating wealth is many times more difficult for Latino and Black New Yorkers, according to a recent report by the Robin Hood Foundation.
By proactively targeting landlords who neglect their properties to turn a profit, a revamped Third Party Transfer program that prioritizes community ownership could help break the cycles of disinvestment, speculation, and displacement, supporters of the legislation say.
Beyond their big-ticket campaign promises, the next president could have substantial impact on housing in New York, from shaping tax incentives that make it easier to build new homes to federal resources for NYCHA and code enforcement programs.
“Our lives were here, all of our close friends, everything we had done for years and years,” said former New York City resident and veteran Ramond Curtis. “We absolutely would have stayed if we could have invested in our home in some way, even if it was a co-op, even if it was affordable rent options.”
City Limits rounds up the latest housing and land use-related events, public hearings and affordable housing lotteries that are ending soon.
City Limits rounds up the latest housing and land use-related events, public hearings and affordable housing lotteries that are ending soon.
“It is time Albany meets the urgency of this moment and comes together with a real plan that will meet and sustain the housing needs of all New Yorkers, across every income level, and throughout every corner of our city and state.”
Housing and land use-related events taking place in the week ahead, as well as affordable housing lotteries that are ending soon.
Housing and land use-related events taking place in the week ahead, as well as affordable housing lotteries that are ending soon.
The governor’s proposed budget did not include funding for the state-run Homeowner Protection Program, or HOPP, a network of legal service providers and counselors aimed at preventing foreclosures. Program supporters say the omission ‘makes no sense’ as New York grapples with a housing crisis, which Hochul’s administration has centered as a policy focus this year.
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Support local, investigative journalism that has informed and empowered New Yorkers for 45 years.
Support local, investigative journalism that has informed and empowered New Yorkers for 45 years.
