Old rental assistance programs will be combined into one. On July 18, 2018, the de Blasio Administration announced the new City Fighting Homelessness & Eviction Prevention Supplement (CityFHEPS) program, which will replace the Living in Communities, the Special Exit and Prevention Supplement, and the City Family Eviction Prevention and Exit Plan Supplements programs, creating one unified rental assistance program. The new CityFHEPS program will simplify the rental assistance process making it easier for New Yorkers … <Read More>
Search Results for: Rental Assistance
Mayor’s Office Releases Blueprint for Future of Fair Housing
New Fair Housing Litigation Unit will use “secret shoppers” to test the housing market for discrimination and hold bad actors accountable. On January 7, 2020, the Office of the Mayor released the Where We Live NYC Draft Plan for public review. Where We Live NYC is a comprehensive plan to advance opportunity for New Yorkers by promoting fair housing and undo intentional policies and practices of segregation and inequity. The Draft Plan analyzes the state … <Read More>
421-a Property Tax Process Renewed
The revised Section 421-a offers new opportunities for affordable housing. The 421-a property tax exemption began in 1971 as an incentive for developers to develop badly needed housing in New York City. When the real estate market rebounded in the 80s, the program was amended to condition tax abatements on the construction of affordable housing units. The program expired in June 2016. In its place, the State Legislature passed the “Affordable New York” program in … <Read More>