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Research & Policy
State of New York City’s Housing and Neighborhoods in 2016
Today, the NYU Furman Center released its annual State of New York City’s Housing and Neighborhoods in 2016 report, including a special report, Focus on Poverty in New York City.
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Research & Policy
The Effects of the Low-Income Housing Tax Credit (LIHTC)
A new research brief by the NYU Furman Center explores what we know about whom the Low-Income Housing Tax Credit (LIHTC) program serves and what research finds about the impact of the program.
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News & Events
Policy Breakfast Explores Permanent Affordability Requirement
On Tuesday, March 21st the NYU Furman Center hosted a policy breakfast entitled Requiring Permanent Affordability: Costs, Benefits, and Challenges to explore the benefits and challenges of a permanent affordability requirement for government-subsidized housing.
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Data Updates
Citywide Sales Volume Down in 2016 as Housing Prices Continue to Rise
In 2016, the number of property sales was lower in all five boroughs than in 2015, while prices continued to rise. Permits for new residential construction fell in 2016, following a spike the previous year. 2016 saw the highest number of residential units authorized for occupancy in the past five years.
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Research & Policy
The Dream Revisited: Race, Segregation, and Politics
The twenty-third discussion explores the impact of persistent racial segregation on political discourse and electoral outcomes in the United States.
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Research & Policy
Housing a Nation: The Low-Income Housing Tax Credit
The Low-Income Housing Tax Credit (LIHTC), established by the Tax Reform Act of 1986, is the nation’s largest subsidy for the construction of affordable rental housing for low-income households. This first installment of the NYU Furman Center’s Housing a Nation Policy Minute series summarizes timely research and sheds light on how these subsidies operate in jurisdictions across the U.S.
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Research & Policy
Report: The Latest Reform Proposal for the 421-a Program
A report released today by the NYU Furman Center analyzes the potential impact of the most recent reform proposal for the 421-a program on housing development in New York City, which is currently under consideration by the New York State Legislature.
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News & Events
Vicki Been, Katherine O’Regan Return to NYU Furman Center as Faculty Directors
The NYU Furman Center is pleased to announce today that Vicki Been and Katherine O’Regan will return to the NYU Furman Center leadership team from their government posts as HPD Commissioner and Assistant Secretary for Policy Development and Research at HUD.
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Research & Policy
2016 Research and Policy Roundup
2016 was a productive year for the NYU Furman Center. We celebrated our 20th anniversary; launched CoreData.nyc, our updated housing and neighborhoods data hub for New York City; released several reports on housing and neighborhoods; and published a number of academic research papers. As we embark on 2017, we are pleased to present highlights from our work in the past year.
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Data Updates
Mapping Affordable Housing Supported by the 421-a Tax Exemption Program
Of the residential properties in New York City that currently benefit from a 421-a tax exemption, we find that 14.8% have at least some on-site affordable units and another 4.4% supported off-site affordable housing.