Proposal to Create a Federal Renter’s Tax Credit Monday, October 1st 2012
On October 1, 2012, the Moelis Institute for Affordable Housing Policy convened a roundtable with leaders in New York City’s affordable housing industry to discuss the Center for Budget and Policy Priorities’ (CBPP) proposal for a new $5 billion federal tax credit for renters. After an overview of the proposal from Barbara Sard, Vice President for Housing Policy at CBPP, participants engaged in a thoughtful exchange about whether or not the credit could work with LIHTC and other financing tools, potential issues with implementing the credit, and challenges small owners would face in claiming the credit. Notes from the roundtable can be found here. This roundtable was an opportunity for New York City affordable housing practitioners to hear about emerging policy ideas in DC. We hope this will be the first of a series of discussions of early-stage federal affordable housing policy proposals.
Opportunities for Affordable Housing Preservation: Strategies for the Future Thursday, September 8th 2011
On September 8, 2011, the Institute for Affordable Housing Policy gathered leaders from across government, community-based non-profits, private firms and academia for a roundtable discussion to address the future of affordable housing in New York City. The Furman Center and Institute’s Subsidized Housing Information Project (SHIP) was launched on the morning of September 8, 2011 and served as the focal point of the roundtable discussion. The SHIP database provides extensive information on nearly 235,000 subsidized affordable housing units in New York City, consolidating information from 50 separate public and private data sources into one searchable website. This critical new resource will enable policymakers to make informed decisions and help ensure the continued availability of subsidized rental properties for low- and moderate-income New Yorkers.
Driving a Hard Bargain: Parking Requirements for Residential Development Wednesday, April 27th 2011
On Wednesday April 27, The Institute for Affordable Housing Policy convened over eighty leaders from government, academia, community-based groups, and the private sector to debate the importance of private off-street parking for new residential housing developments. Our panelists discussed the benefits and drawbacks of New York City’s minimum parking requirement for residential development, and how the requirements interact with the city’s sustainability and affordability goals.
Free Parking? Managing the Public Parking Supply Friday, April 8th 2011
Owned and managed by the city, on-street parking is the single largest source of parking in the city. On Friday April 8, the Institute for Affordable Housing Policy convened leaders from government, academia, community-based groups, and the private sector to debate the importance of on-street parking for residents and businesses in New York City.
Panelists discussed the challenges of optimizing curb use in New York City’s diverse neighborhoods, the correlation between available on-street parking and car ownership rates, and potential conflicts between parking policy and the city’s sustainability and affordability goals. The panelists also debated the viability and desirability of potential reforms to the city’s existing on-street parking policies, including residential parking permits, car-sharing programs, and demand-based pricing.
Navigating Uncertain Waters: Mortgage Lending in the Wake of the Great Recession Friday, February 4th 2011
On February 4, 2011, the Furman Center’s Institute for Affordable Housing Policy hosted an invitation-only Roundtable, “Navigating Uncertain Waters: Mortgage Lending in the Wake of the Great Recession.” The event aimed to assist government, corporations, academics and non-profits address the challenge of mortgage credit need and availability by promoting informed discussion and providing objective research and analysis. The roundtable included three robust discussion sessions and presentations on the current state of housing finance and recommendations for reform.
Housing Middle Income Households in High-Cost Cities: Is there a Role for Government? Monday, December 6th 2010
In partnership with NYU Abu Dhabi, the Furman Center’s Institute for Affordable Housing Policy co-sponsored “Housing Middle Income Households in High-Cost Cities: Is there a Role for Government?” on December 6. Dozens of researchers, practitioners, policy analysts and students joined this discussion about the growing affordability crisis in high cost cities. This panel was the first of a two-part series on middle income housing; the second panel will take place in Abu Dhabi in spring 2011.
New Solutions for Housing Extremely Low Income Households Tuesday, November 16th 2010
On November 16, the Furman Center’s Institute for Affordable Housing Policy hosted its second policy breakfast in a two-part series, The Challenge of Housing Extremely Low Income Households in High-Cost Cities. Over 120 leaders from across New York City came together to explore innovative approaches to meeting the housing needs of the very poor.
Housing Extremely Low Income Households: How Can Current Programs and Resources Better Meet Needs? Friday, October 15th 2010
On October 15, the Furman Center’s Institute for Affordable Housing Policy hosted a policy breakfast that brought together practitioners, developers, researchers and government officials to examine how existing programs and resources can best meet the housing needs of extremely low income households. As the recession persists, many families in New York City have seen dramatic reductions in their incomes. Meanwhile, evidence suggests that rents for the most affordable apartments have fallen only minimally, leaving a growing number of families facing extremely high rent burdens and even homelessness.
New York State Housing Programs Roundtable Wednesday, July 28th 2010
As a part of the Executive Budget, the Governor has directed nyhomes and DHCR to integrate senior management to improve service delivery and achieve operational efficiencies. Brian Lawlor, Commissioner of DHCR and President/ CEO of “nyhomes,” asked the Furman Center’s Institute for Affordable Housing Policy to convene a meeting to discuss the integration of the State’s housing programs. We brought together a select group of current and former leaders of City, State and Federal Housing Agencies and leading housing scholars to examine the opportunities the integration presents, and to provide counsel as to what could be improved in the design and operation of Agency programs.
The Power and Potential of the Community Reinvestment Act Wednesday, April 14th 2010
The Power and Potential of the Community Reinvestment Act was designed to bring together key practitioners, researchers, government officials and banking leaders to examine the role that regulation can play to promote responsible lending and investment in underserved communities. Some contend that the Community Reinvestment Act is neither successful nor necessary. But even those who see it as having been a major force in generating private capital for housing, economic and community development, question its effectiveness and relevance in today’s financial climate, and worry about its low status as a public priority.
Opportunities and Challenges Facing Affordable Housing in New York City Monday, February 22nd 2010
The Institute’s inaugural event was co-sponsored with the City’s Department of Housing Preservation and Development, and featured a speech by Mayor Bloomberg announcing the City’s updated New Housing Marketplace Plan, followed by a small, closed-door roundtable. The roundtable was broken into two panel discussions, Multifamily Housing in NYC: Opportunities and Challenges and More Than Subsidies: Housing Affordability through Innovation, Leverage and Partnership, featuring an impressive group of framers to get the conversation going, including: Jim Buckley, Executive Director, University Neighborhood Housing Program; Rafael Cestero, Commissioner, NYC Department of Housing Preservation and Development; Andrew Ditton, Managing Director, Citigroup Global Markets; William Frey, Senior Vice President and Eastern Regional Manager, Enterprise Community Partners; Erika Poethig, Deputy Assistant Secretary, Policy Development and Research, U.S. Department of Housing and Urban Development; and Doug Shoemaker, Director, Mayor’s Office of Housing, City of San Francisco.