Mayor Announces FY20 Affordable Housing Statistics

Mayor’s affordable housing announcement appears more retrospective than optimistic. On August 5, 2020, The Mayor’s Press Office released a statement touting the amount of affordable housing created in fiscal year 2020. The announcement states that the City preserved 23,520 homes and constructed 6,503 new units, totaling 30,023 affordable City financed homes. More than 50 percent of these homes serve families earning less than $52,000 and 3,600 people received voucher increases to ameliorate income lost from … <Read More>


City Announces Affordable Housing Tool Amid Gap in Capital Budget

NYC Housing Connect tool intends to make affordable housing searches a more user-friendly experience. On June 16, 2020, New York City Mayor Bill de Blasio announced the launch of “NYC Housing Connect,” an online tool for finding and applying for affordable housing. The new system provides upgrades from its predecessor through a collaborative effort by the Department of Housing Preservation and Development, user-design experts and collected public feedback.


Mayor de Blasio Opposes New Federal Housing Rules Based on Immigration Status

The federal government proposed a rule that would bar mixed-immigration status families from accessing rental subsidies. On July 9, 2019, the de Blasio Administration announced that it submitted formal comments to the federal government in opposition to a proposed rule that would result in eviction of thousands of New Yorkers from federally-assisted housing based on the tenants’ immigration status.


Vicki Been Appointed Deputy Mayor for Housing and Economic Development

The former HPD Commissioner will continue to work on affordability and economic opportunities for the City. On April 4, 2019, Mayor Bill de Blasio announced the appointment of former Department of Housing and Preservation Commissioner Vicki Been as the new Deputy Mayor for Housing and Economic Development. She succeeded Alicia Glen, who served in the position for five years.


Expecting to Meet Goals Two Years Ahead of Schedule, Mayor de Blasio Expands the Housing Plan Objectives

The de Blasio administration increases goal to building and preserving 300,000 affordable units by 2026. On October 24, 2017, Mayor Bill de Blasio announced that the administration is on track with meeting the goal of 200,000 units and is expected to meet the goal by 2022, two years ahead of the 2014 plan’s original date. Using the City’s new tools, programs and funding, the City will work to secure 25,000 affordable units annually by 2021. … <Read More>


Schneiderman Announces Indictment of NYC Landlord in $5 Million Mortgage Fraud Scheme

A New York City landlord was indicted for mortgage fraud scheme in Lower Manhattan, stemming from tenant harassment investigation. On April 6, 2017, New York State Attorney General Eric T. Schneiderman announced the indictment of Dean Galasso, a New York City landlord. Galasso was indicted on six felony charges in relation to an alleged scheme to fraudulently obtain a multi-million-dollar mortgage to finance the acquisition of a rental building. Galasso faces one count of Grand … <Read More>