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The latest news and analysis from the NYU Furman Center.
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Research & Policy
Rent Regulation for the 21st Century
A primary goal of rent regulation is to protect low-income renters from unexpected spikes in their monthly housing costs. As a solution to housing instability, however, rent regulation has several potential drawbacks: it can reduce the overall supply or quality of rental housing; it can create a two-tiered system that leaves tenants in unregulated housing unprotected; and it often benefits higher-income, rather than lower-income households. The policy brief instead recommends pairing broad-based anti-gouging rent regulation paired with targeted subsidies as the best way to stabilize low-income renters while avoiding the drawbacks of strict, broad rent regulation and means testing.
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Research & Policy
Bolstering the Housing Safety Net: The Promise of Automatic Stabilizers
In a new paper published by the Brookings Institution’s Hamilton Project, Robert Collinson, Ingrid Gould Ellen, and Benjamin J. Keys propose three stabilizers that build on the lessons of the Great Recession and COVID-19 pandemic to backstop housing before the next crisis hits.
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Rent Payments in a Pandemic: Analysis of Affordable Housing in New York City
One of the most pressing housing policy questions in the wake of COVID-19 is how rent payment rates have changed during the pandemic. In a new report, we analyzed rental payments from over 18,500 primarily below-market rate units from New York City to understand how renters’ payment rates and rental arrears evolved during the health crisis.
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Research & Policy
Advancing Racial Equity in Emergency Rental Assistance Programs
To explore inequities in housing insecurity and inaccessibility of housing assistance faced disproportionately by Black, Latino, and Native American renters—issues that existed prior to and have been exacerbated by the COVID-19 pandemic—the NYU Furman Center, The Housing Initiative at Penn, and the National Low Income Housing Coalition collaborated on a research brief: “Advancing Racial Equity in Emergency Rental Assistance Programs.”
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Learning from Emergency Rental Assistance Programs Lessons from Fifteen Case Studies
The NYU Furman Center together with the Housing Initiative at Penn (HIP), and the National Low Income Housing Coalition (NLIHC) surveyed 220 rental assistance programs and conducted hour-long interviews with program administrators of 15 select programs. A year into the pandemic, we summarize some of the key takeaways necessary to craft and implement efficient, responsive, and equitable emergency rental assistance.
