Testimony: NYC Banking Commission
Unfortunately, the affordability of the city’s rent stabilized stock has been under attack for the past 30 years, with lenders playing a central role in enabling landlords’ irresponsibly speculative behavior.
Unfortunately, the affordability of the city’s rent stabilized stock has been under attack for the past 30 years, with lenders playing a central role in enabling landlords’ irresponsibly speculative behavior.
There's a deep mismatch between what we define as “affordable housing” and what many New Yorkers can actually afford.
New York State has long been an affordable housing champion and innovator. We built one of the first public housing developments in the United States—the First Houses—on the Lower East Side in the 1930s and pioneered a unique, statewide limited-equity homeownership program, known as
We honor the memory of all those who lost their lives to Covid-19, including our friend and colleague Tom Waters. Learn more about Tom’s work as a fierce advocate for low-income tenants.
One-third of NYC's voting-age citizens lives in a low-income household. Find out about the hopes and challenges of "The Unheard Third."