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.
Search Results for: Affordable Housing
Comptroller’s Report Shows Scope of City’s Affordable Housing Crisis
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 … <Read More>
Comptroller Audit Finds that HPD Review of Affordable Housing Sponsors Was Effective
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, … <Read More>
Comptroller’s Report Finds NYCHA Miscalculated Rent at Red Hook Houses
NYCHA miscalculated rent increases for one in five tenants at Red Hook Houses, overcharging some and undercharging others. On June 7, 2023, City Comptroller Brad Lander announced that the New York City Housing Authority (The Authority, or NYCHA) miscalculated sampled rent adjustments at the Red Hook East and Red Hook West developments in the Red Hook neighborhood of Brooklyn.
Comptroller Releases Post-COVID-19 Transit Policy Recommendations
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.