Comptroller Stringer announces plan to address City’s growing affordable housing crisis. Image Credit: Susan Watts/Office of New York City Comptroller
Universal Affordable Housing would require 25 percent permanently low-income affordable housing in all new development with ten or more units. On January 29, 2020, New York City Comptroller Scott M. Stringer announced a citywide housing strategy to fundamentally realign the City’s approach to the housing crisis. The strategy, coined Housing We Need, will include a universal requirement for 25 percent permanently low-income affordable housing in all as-of-right developments with at least ten units. (more…)
The report closes in on housing needs for low- and extremely low-income households and proposes four initiatives on how to provide affordable housing for these households. On November 28, 2018, New York City Comptroller Scott M. Stringer released its NYC for All: The Housing We Need report showing the scope of the City’s affordable housing crisis. According to the report, the city’s population grew nearly half a million between 2009 and 2017 and city employment increased by over 800,000 jobs. While the city has experienced population and job growth, the growth of residential units has failed to keep the pace with a net increase of only 100,000 residential units for the 500,000 people. (more…)
NYC Comptroller Scott Stringer. Image credit: Office of the New York City Comptroller
Comptroller audit finds that HPD’s controls to ensure that housing incentives were rewarded to qualified applicants were largely effective. On June 27, 2017, the Office of the city Comptroller Scott Stringer released a report of an audit of the Department of Housing Preservation and Development. The audit sought to evaluate whether HPD had adequate controls to ensure that its housing incentive projects were properly awarded to property owners and developers that qualified for the program, had the ability to create or preserve the required affordable units and had a satisfactory record of performance to assure the business’ integrity. (more…)
Comptroller Lander, Committee members and residents join for the announcements of two new resident-advised NYCHA audits. Image Credit: Office of the New York City Comptroller.
On February 22, 2023, Comptroller Brad Lander joined New York City Housing Authority (NYCHA) residents to announce two new NYCHA-related audits. The first audit targets NYCHA’s repair process and the second targets eviction rates at certain developments. (more…)
Image Credit: Office of the Comptroller
Recommendations include increasing affordable housing near subway stations and increasing service on subway routes and high-ridership bus routes. On October 10, 2021, Comptroller Scott Stringer released “Beyond Rush Hour: COVID-19 and the Future of Public Transit,” a new report reviewing changes in public transit ridership due to the pandemic. (more…)
