2022 Housing Solutions Workshop Helps Small and Midsize Cities Address Local Housing Challenges
October 6th 2022
The NYU Furman Center’s Housing Solutions Lab, Abt Associates, and the Lincoln Institute of Land Policy announced the five cities and counties selected to participate in the second annual Housing Solutions Workshop, an intensive training program to help small and midsize cities and counties address housing challenges through the development of local housing strategies. The selections include Arvada, Colorado; Billings, Montana; Gresham, Oregon; Lancaster County, Pennsylvania; and New Haven, Connecticut.
Donald H. Layton to Join NYU Furman Center as Senior Visiting Fellow
June 21st 2022
The NYU Furman Center announced today the appointment, effective July 1, of Donald H. Layton as Senior Visiting Fellow from Practice. Layton brings decades of financial experience to the Furman Center. Most recently, he served as a Senior Industry Fellow at Harvard’s Joint Center for Housing Studies, where he wrote extensively about the Government Sponsored Enterprises (GSE) of Freddie Mac and Fannie Mae and more broadly on housing finance.
New York Built 185,000 Units of Multifamily Housing from 2010-2020
June 6th 2022
The NYU Furman Center released The State of New York City’s Housing and Neighborhoods in 2021 today, an annual analysis of the city’s demographics, housing markets, renters, and 59 community districts. This year, the report’s Focus Chapter explores the Geography of Housing Development over the last decade, mapping market-rate construction and subsidized affordable housing that has been built across the city.
Housing Solutions Lab Announces Peer Cities Network Selections
March 24th 2022
The NYU Furman Center’s Housing Solutions Lab announced today the selection of nine city teams to participate in the 2022 Peer Cities Network — a national program for small and midsize city leaders to develop innovative and equitable local housing solutions.
Report Quantifies a Decade of Housing Production Under 421-a
February 3rd 2022
New York - A new report from the NYU Furman Center provides a detailed picture of the housing produced under the contentious 421-a tax exemption, including how trends shifted when the program was last reauthorized. The Data Brief shows the exemption was used for 68 percent of all completed new housing in buildings of 4 or more units across the city between 2010 and 2020. More than 117,000 units qualified for the tax break during the period studied, with production peaking between 2017 and 2018.
Housing Solutions Workshop Participants Announced
October 20th 2021
New York, NY — The NYU Furman Center’s Housing Solutions Lab, Abt Associates, and the Lincoln Institute of Land Policy announced today that five localities have been selected to participate in the Housing Solutions Workshop — a program to help small and midsize communities develop and implement comprehensive local housing strategies.New York, NY — The NYU Furman Center’s Housing Solutions Lab, Abt Associates, and the Lincoln Institute of Land Policy announced today that five localities have been selected to participate in the Housing Solutions Workshop — a program to help small and midsize communities develop and implement comprehensive local housing strategies.
NYU Furman Center Launches National Effort to Address Housing Needs of Small and Midsize Cities
June 15th 2021
NYU Furman Center launches national effort to address the housing needs of small and midsize cities. The Housing Solutions Lab will focus on building evidence to advance housing policy solutions in cities across the country
More of New York City’s Low-Income Renters Facing “Extreme” Arrears Over $10,000
May 26th 2021
According to The State of New York City’s Housing and Neighborhoods in 2020, there was a dramatic increase in the share of households in “substantial” (owing over $3,000) or “extreme” arrears (owing over $10,000), based on the rent rolls in a sample of mostly affordable housing properties. Households facing these levels of rental debt are less likely to catch up, according to industry experts, putting them at risk of housing instability and bankruptcy. With federal rental relief making its way to landlords and renters, this newest data suggests many low-income households and owners of buildings that house them are still struggling relative to their positions in 2019. Read The State of New York City’s Housing and Neighborhoods in 2020.
Report Finds Increased Household Rent Debt in Sample of New York City Affordable Housing
March 15th 2021
Data from over 18,500 units show a 43% jump, despite generally high payment rates
NYU Furman Center to Co-Host First Televised 2021 New York City Mayoral Candidate Forum
March 5th 2021
Eight Democratic Primary Mayoral Candidates to Discuss Policy Platforms Related to New York City’s Growing Housing and Homelessness Crisis
Nearly 40,000 Upstate Renter Households At Risk of Housing Instability from Pandemic Job Losses
October 16th 2020
New research from the NYU Furman Center suggests that renters in Albany, Buffalo, Rochester, Syracuse, and Yonkers are at risk of housing instability after losing income as a result of COVID-19. Using data from the federal Bureau of Labor Statistics, the analysis estimates how much rent households in these five critical regional anchors owe, and how many households have been affected by the economic repercussions of the global pandemic.
New York City Eviction Filings Decline Dramatically Through 2019
June 16th 2020
New York, NY — A new report from the NYU Furman Center shows that eviction filings in New York City continued their dramatic decline over the last two years and are down nearly 30 percent from 2013. Researchers point to a strengthening economy and state and local policies protecting renters as likely factors contributing to the drop. They also note the possibility of a spike in filings later this summer due to the economic shock of COVID-19. At the neighborhood level, areas with disproportionate shares of Black and Hispanic residents see 2019 filing rates nearly seven times higher than those in whiter areas.
New York City Residential Eviction Filings Decline
November 18th 2019
The NYU Furman Center released a brief today showing an overall decline in residential evictions filed in New York City Housing Court between 2010 and 2017. The analysis draws on records from New York State’s Office of Court Administration, and provides new insight on landlord-initiated cases filed in housing court, revealing trends for eviction filings, judgments (including settlement agreements), and executed warrants. The report also explores geographic disparities in eviction filings across New York City’s neighborhoods, noting that rates in certain areas remain relatively high. Read the data brief, Trends in Housing Court Eviction Filings.
Leading Housing Researchers Challenge Proposed Fair Housing Rule Change
October 17th 2019
The NYU Furman Center and the Terner Center for Housing Innovation at U.C. Berkeley submitted public comments today arguing that a proposed rule from the U.S. Department of Housing and Urban Development (HUD) ignores the demonstrated harms inflicted by segregation, fails to account for the basic structure of local zoning and land-use decisions, and imposes obligations on fair housing plaintiffs inconsistent with the basics of social science. In light of these major flaws, the university researchers urge HUD to withdraw the proposed rule. Read the joint public comments.
NYU Furman Center and Abt Associates Announce Inaugural Cities Selected for Local Housing Solutions
July 17th 2019
The NYU Furman Center and Abt Associates announced today the cities of Atlanta, Minneapolis, Philadelphia, and San Antonio as the first cohort selected to participate in the inaugural Local Housing Solutions Institute, a program to help cities and counties refine and strengthen their housing strategies to promote housing affordability and other locally defined housing goals. Senior officials from key housing and other agencies and organizations will take part in the Institute, designed by leading housing experts. The competitive application process generated over 20 proposals to participate from cities and counties across the country.
Report: Uneven Progress in School Diversity as New York City’s Neighborhoods Experience Change
May 28th 2019
A new report from the NYU Furman Center, The Diversity of New York City’s Neighborhoods and Schools, examines the racial and ethnic diversity of the city’s public elementary schools and the neighborhoods where they are located.
The Challenges of Balancing Rent Stability, Fair Return, and Predictability
May 24th 2019
As policymakers consider changes to the state’s rent regulation system, a new fact brief from the NYU Furman Center, The Challenges of Balancing Rent Stability, Fair Return, and Predictability under New York’s Rent Stabilization System, details the tradeoffs between balancing affordability for tenants with a reasonable rate of return for owners. The authors suggest that changes to New York’s system need to strike the right balance between affordability and fair return and should make the system more predictable and transparent. Read The Challenges of Balancing Rent Stability, Fair Return, and Predictability under New York’s Rent Stabilization System.
Report: Public Housing is a Key Element in Sustaining New York City’s Racial and Ethnic Diversity
April 30th 2019
New York, NY— A new fact brief published by the NYU Furman Center outlines the critical role that the public housing plays in preserving racial, ethnic, and economic diversity in the city’s gentrifying and higher-income neighborhoods. The brief builds on previous work by the NYU Furman Center outlining NYCHA’s outsized role in housing the lowest-income New Yorkers. That crucial role in the affordable housing landscape combined with the geographic distribution of public housing developments in gentrifying areas means that many of the city’s neighborhoods owe their diversity to NYCHA’s public housing developments. Read How NYCHA Preserves Diversity in New York’s Changing Neighborhoods.
NYU Furman Center Names Matt Murphy Executive Director
March 21st 2019
The NYU Furman Center announced today the appointment of Matt Murphy as its new Executive Director. He will join the Furman Center on April 15 after an eight-year stint in City government, where he currently serves as Deputy Commissioner for the Office of Policy and Strategy with the New York City Department of Housing Preservation and Development (HPD).
Newly Published Article Addresses Concerns about Housing Development
January 31st 2019
A newly published paper, “Supply Skepticism: Housing Supply and Affordability,” co-authored by NYU Furman Center faculty directors, discusses the rising concerns about whether new housing development contributes to the displacement of low- and moderate-income residents. Reviewing the arguments raised by those who question the wisdom of new housing (“supply skeptics”) as well as existing research, the paper concludes that new construction can help to moderate price increases and alleviate housing cost burdens for low- and moderate-income families. But the paper argues that a balanced approach – adding new market-rate supply while also building and preserving subsidized affordable units – is critical to produce and sustain economically diverse cities. The article was published in a special January edition of Housing Policy Debate. Read Supply Skepticism: Housing Supply and Affordability.