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Data Updates
Data Update: Analysis Of Renters At Risk As Eviction Moratorium Expires
To detail the more immediate implications of the expiring eviction moratorium we summarize key data that offer insight into the volume and nature of eviction cases, explain how eviction cases have proceeded through the courts to the stage where tenants have outstanding warrants for eviction, and review the current status of the three principal tenant protections.
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Data Updates
Rent Payments in Affordable Housing During the Pandemic: The Role of Rental Subsidies and the Safety Net
As members of the Housing Crisis Research Collaborative, the NYU Furman Center and the Terner Center for Housing Innovation at UC Berkeley conducted an analysis of rental payments during the pandemic among a set of primarily affordable portfolios and compared the size and frequency of rent arrears for households that receive housing subsidies that adjust with income (like Housing Choice Vouchers) and unsubsidized households. The comparative analysis suggests that nonpayment rates increased for both groups after the start of the pandemic. Landlords with subsidized tenants benefitted from the protective effects of the subsidy portion which lessened the economic impact of the pandemic.
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Data Updates
Exploring Variations in ERAP Application Rates Across New York State
According to the most recent Household Pulse Survey, a quarter of renters in New York State—nearly 1 million individuals—are behind on rent payments and have rental arrears. Of these renters, 38 percent predict that they are somewhat or very likely to be evicted sometime in the next two months. After a slow start in New York relative to states that did not use a legislative process to create new rental assistance programs, recent reports indicate an acceleration of obligations and disbursements of Emergency Rental Assistance Program (ERAP) funds. Landlord outreach and participation remain crucial in turning obligated funds, which are earmarked once a tenant applies and is determined eligible, into payments, which are only made once landlords are aware of and complete their portion of the application.
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Data Updates
Data Driven Insights to Kickstart Local Housing Strategy Planning
Before a policymaker, practitioner, or community leader can start building a housing strategy, it is imperative to understand local housing needs. That is why Local Housing Solutions developed the Housing Needs Assessment in partnership with PolicyMap. The tool compiles and visually displays publicly available national data sources, such as the US Census, American Community Survey (ACS), and the US Department of Housing and Urban Development (HUD).
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Data Updates
Data Update: Rental Assistance Need and Federal ERA Allocation in New York State
Last December’s stimulus package from the federal government provided much-needed federal resources for rental assistance, however the method for allocating the funding across states and cities is key for ensuring a fair distribution of the limited funds. The stimulus package extended the eviction moratorium for one additional month, and provided $25 billion in rental assistance to states and localities through the Emergency Rental Assistance Program. Localities with populations of at least 200,000 can apply to the Treasury Department for direct assistance, which will be allocated according to a formula based on population share. However, direct assistance is limited to 45 percent of the localities’ population share, well short of potential need.
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News & Events
Policy Breakfast: Reforming State Zoning for Affordability, Integration, and Growth
The NYU Furman Center hosted a two-part virtual policy breakfast series reviewing efforts across the country to tackle exclusionary zoning, and discussing the lessons these initiatives hold for New York.
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Data Updates
Data Update: Eviction Filings in NYC Since COVID-19
The economic fallout from COVID-19 has led to fears of a “tsunami” of eviction filings, with an estimated 735,000 households having lost employment income in New York City as of early June. In this post, we summarize key data that provide insights into recent trends in eviction filings in New York City housing courts. Since March, a combination of federal, state, and local orders has limited the eviction process, and prevented the worst-case scenario thus far.
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Data Updates
2019 Data on New York City’s Housing Stock
During 2019, the City of New York permitted the highest number of housing units since 2008, with the exception of a spike in 2015. Despite this recovery, permitted production was short of pre-recession levels.
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Data Updates
What are the Housing Costs of Households Most Vulnerable to Job Layoffs? An Initial Analysis
As the COVID-19 public health crisis grows in New York City and across the United States, there is significant concern about the economic effect the crisis will have on workers in occupations susceptible to mass layoffs. Workers in a number of sectors face significant income loss due to closures, reduced hours, and cancellations. While a $2.2 trillion stimulus bill that expands unemployment benefits was signed into law last Friday, not all affected workers will have access to the expanded aid. In an effort to understand the scale of the issue and disparities when examining potential impacts by race, we reviewed pre-crisis incomes and housing costs of New York City residents who work in occupations that are more vulnerable to income loss (“vulnerable occupations”).
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Data Updates
New York’s Housing Insecurity By The Numbers
U.S. Congress, New York State, and New York City policymakers are in the process of developing a financial package with programs that will provide emergency housing assistance to address the impacts of the COVID-19 crisis on housing stability and the housing market. To help inform these efforts we’ve outlined the following key information about New York City and New York State households and provides context for New York’s unique housing market.