The New York City Independent Budget Office (IBO) is announcing the publication of our report Exemption vs Abatement. This report provides policymakers with insights into the tax liability implications of these two different ways of structuring any new 421-a replacement program.
The focus on the city’s housing supply challenge. One of the primary drivers of high rents is an excess of demand over supply—or, put more simply, a supply shortage.
New York City’s housing challenges have shifted from abandonment and disinvestment to gentrification and skyrocketing rents – the NYC Department of Housing Preservation and Development has financed the development and preservation of hundreds of thousands of affordable homes
LL220 of 2019 requires the Mayor’s Office of Criminal Justice to report on a quarterly basis certain information relating to “inspections of nightlife establishments overseen by” the Office of Special Enforcement (OSE).
Among the greatest challenges facing New York City’s economy is the availability and affordability
of housing. Economic growth and stability in NYC depend upon the ability for workers and others
wishing to move into or within the city to find housing they can afford.
The New York City Independent Budget Office just released its City Fighting Homelessness & Eviction Prevention
Supplement (CityFHEPS) explainer! Learn more about the program's history, its challenges, and funding by reading our explainer today.
This report includes descriptive statistics by field operations location, on the size and demographics of the client population; levels at which financial assistance and social services are requested and granted; time frames for the provision of services; and data on case closings and re-openings.
Executive Order No. 38 is being submitted as the Establishment of the Task Force, establishing an interagency Housing at Risk Task Force, dated December 6, 2023. This order shall take effect immediately.
the DOE is choosing to base the new weight allocation for students experiencing homelessness on enrollment as of December 31, 2022. If this decision stands, schools will not receive funding this school year for changes in STH enrollment that have occurred since then.
Monthly statistics regarding utilization of and applications for multi-agency emergency housing assistance, exits from city-administered facilities and the financings, starts and completions of permanent housing for those exiting city-administered facilities as required by Local Law 79 of 2022.
LL220 of 2019 requires the Mayor’s Office of Criminal Justice to report on a quarterly basis certain information relating to “inspections of nightlife establishments overseen by” the Office of Special Enforcement (OSE).
Monthly statistics regarding utilization of and applications for multi-agency emergency housing assistance, exits from city-administered facilities and the financings, starts and completions of permanent housing for those exiting city-administered facilities as required by Local Law 79 of 2022 amend
On January 9, 2022, New York City adopted Local Law 18, also known as the Short-Term Rental Registration Law. Local Law 18 established two new provisions of law: 1) Chapter 31 of Title 26 of the Administrative Code of the City of New York, and 2) Chapter 32 of the Administrative Code of NYC.
September 5, 2023 letter regarding the Department of Housing Preservation and Development (HPD)’s contract with Rapid Reliable Testing NY, LLC, commonly known as DocGo.
Contract #20248801671, is an emergency procurement for
$432 million for services provided by Rapid Reliable Testing NY LLC, commonly known as DocGo Inc.
(the “Vendor,” or “DocGo”), was reviewed by my Office, and is being returned to the HPD without approval.
Monthly statistics regarding utilization of and applications for multi-agency emergency housing assistance, exits from city-administered facilities and the financings, starts and completions of permanent housing for those exiting city-administered facilities as required by Local Law 79 of 2022 amend
his report includes descriptive statistics by field operations location, on the size and demographics of the client population; levels at which financial assistance and social services are requested and granted; time frames for the provision of services; and data on case closings and re-openings.
With concerns about rent stabilized apartments sitting vacant making headlines, the New York City Independent Budget Office (IBO) today released its study of apartment vacancies using New York State Homes and Community Renewal (HCR) data from 2017 through 2022.
To find out how many rent stabilized apartments are vacant, NYCIBO released its study of NYSHCR data from 2017-2022. On average, less than five percent of rent stabilized apartments were vacant, and of those, the majority were rented within a year.
Monthly statistics regarding utilization of and applications for multi-agency emergency housing assistance, exits from city-administered facilities and the financings, starts and completions of permanent housing for those exiting city-administered facilities as required by Local Law 79 of 2022 amend
LL220 of 2019 requires the Mayor’s Office of Criminal Justice to report on a quarterly basis certain information relating to “inspections of nightlife establishments overseen by” the Office of Special Enforcement (OSE).
Monthly statistics regarding utilization of and applications for multi-agency emergency housing assistance, exits from city-administered facilities and the financings, starts and completions of permanent housing for those exiting city-administered facilities as required by Local Law 79 of 2022 amend
The 2022 CAPER reports on New York City’s one-year progress (January 1, 2022, to December 31, 2022) in using its annual entitlement grants award to address the priority needs and goals articulated in the City’s Consolidated Five-Year Strategic Plan for plan years 2021-2025.
The 2023 Proposed Consolidated Plan One-Year Action Plan (the “Proposed Action
Plan”) is the City of New York’s annual application to the United States Department of
Housing and Urban Development (HUD) for the four Office of Community Planning and Development entitlement programs.
The Department of Homeless Services (DHS) had limited success in convincing the homeless individuals encountered during the sweeps[1] of homeless encampments to enter temporary shelters.
Letter Report on the Review of the New York City Housing Authority’s Calculation of Rent Increases for Public Housing Tenants at the Red Hook East and Red Hook West Developments
Monthly statistical report from different agencies, with a focus on temporary emergency housing assistance for low-income families. Under Local Law 37, agencies are required to submit a monthly statistical report on temporary emergency housing assistance for low-income families.
This report includes descriptive statistics by field operations location, on the size and demographics of the client population; levels at which financial assistance and social services are requested and granted; time frames for the provision of services; and data on case closings and re-openings.
Executive Order No. 31 shall take effect immediately. Chapter 225 provides the Public Housing Preservation Trust be governed by Board of Trustees, Chief Housing Officer of the City of New York, performs the duties and powers commensurate to a Deputy Mayor in areas of public policy, and housing.
Report including but not limited to: 1. the number of complaints received by the office and a description of such complaints; 2. the average time taken to respond to such complaints; 3. a description of efforts made to communicate with tenants; and 4. the number of recommendations made to the commis
Monthly statistical report from different agencies, with a focus on temporary emergency housing assistance for low-income families. Under Local Law 37, agencies are required to submit a monthly statistical report on temporary emergency housing assistance for low-income families.
Monthly statistical report from different agencies, with a focus on temporary emergency housing assistance for low-income families. Under Local Law 37, agencies are required to submit a monthly statistical report on temporary emergency housing assistance for low-income families.
Monthly statistical report from different agencies, with a focus on temporary emergency housing assistance for low-income families. Under Local Law 37, agencies are required to submit a monthly statistical report on temporary emergency housing assistance for low-income families.
Announced by Mayor de Blasio in June of 2015, an interagency Three-Quarter Housing (TQH) Task Force reviews the use of three-quarter houses in New York City and promotes structural stability, fire safety, and tenant protections. The interagency Task Force includes DOB, FDNY, HPD, HRA and Law Dept.
Announced by Mayor de Blasio in June of 2015, an interagency Three-Quarter Housing (TQH) Task Force reviews the use of three-quarter houses in New York City and promotes structural stability, fire safety, and tenant protections. The interagency Task Force includes DOB, FDNY, HPD, HRA and Law Dept.
In this report, IBO explores the potential roadblocks to the Trust’s success, and its benefits and risks, as well as other operational reforms contained in NYCHA’s greater reform plan, A Blueprint for Change.
Announced by Mayor de Blasio in June of 2015, an interagency Three-Quarter Housing (TQH) Task Force reviews the use of three-quarter houses in New York City and promotes structural stability, fire safety, and tenant protections. The interagency Task Force includes DOB, FDNY, HPD, HRA and Law Dept.
Monthly statistical report from different agencies, with a focus on temporary emergency housing assistance for low-income families. Under Local Law 37, agencies are required to submit a monthly statistical report on temporary emergency housing assistance for low-income families.
Report including but not limited to: 1. the number of complaints received by the office and a description of such complaints; 2. the average time taken to respond to such complaints; 3. a description of efforts made to communicate with tenants; and 4. the number of recommendations made to the commis
New York City has a long history of organizing for fire prevention and tenant protections to address the longstanding prevalence and devastating effects of residential fires. Unfortunately, under-resourced code enforcement has hamstrung the effectiveness of housing and buildings standards since the
Monthly statistical report from different agencies, with a focus on temporary emergency housing assistance for low-income families. Under Local Law 37, agencies are required to submit a monthly statistical report on temporary emergency housing assistance for low-income families.
Monthly statistical report from different agencies, with a focus on temporary emergency housing assistance for low-income families. Under Local Law 37, agencies are required to submit a monthly statistical report on temporary emergency housing assistance for low-income families.
A transcript about New York City Mayor Eric Adams signing two bills to provide support for survivors of domestic and gender-based violence in New York City.
New York City Mayor Eric Adams releases a statement after the New York City Council Subcommittee on Zoning and Franchises voted unanimously to approve the Innovation Queens and Innovative Urban Village affordable housing projects.
New York City Mayor Eric Adams unveils his administration’s vision for the next phase of the transformation of the Willets Point community in Queens with partnership with 2021 Major League Soccer (MLS) Cup champions.
To inform the City’s rulemaking process, the Office of the New York City Comptroller reviewed how emissions calculations and the use of Renewable Energy Credits should be best structured to maximize LL97’s climate, environmental, economic, and health benefits.
New York City Mayor Eric Adams announces a package of major new housing reforms that will help New Yorkers exit the shelter system and move more quickly into permanent affordable housing.
A transcript about New York City Mayor Eric Adams taking initiatives to help new Yorkers access high-quality housing more quickly, moving from the streets to permanent homes.
Monthly statistical report from different agencies, with a focus on temporary emergency housing assistance for low-income families. Under Local Law 37, agencies are required to submit a monthly statistical report on temporary emergency housing assistance for low-income families.
Report including but not limited to: 1. the number of complaints received by the office and a description of such complaints; 2. the average time taken to respond to such complaints; 3. a description of efforts made to communicate with tenants; and 4. the number of recommendations made to the commis
New York City Mayor Eric Adams and New York Governor Kathy Hochul announces the completion of a $62 million affordable housing development in the Morrisania section of the Bronx.
The 2021 CAPER reports on New York City’s one-year progress (January 1, 2021, to December 31, 2021) in using its annual entitlement grants award to address the priority needs and goals articulated in the City’s Consolidated Five-Year Strategic Plan for plan years 2021-2025.
Emergency Executive Order No. 224, dated October 7, 2022, as it relates to State of Emergency. A state of emergency is hereby declared to exist within the City of New York based on the arrival of thousands of individuals and families seeking asylum, to be extended for five (5) days.
A transcript about New York City Mayor Eric Adams appearing on 'Inside City Hall' with Errol Louis to discuss current event issues such as asylum seekers and affordable housing.
New York City Mayor Eric Adams today celebrated the New York City Council Land Use Committee’s vote to approve the Bruckner Boulevard rezoning, an affordable housing project that will create 349 homes in the Bronx.
Monthly statistical report from different agencies, with a focus on temporary emergency housing assistance for low-income families. Under Local Law 37, agencies are required to submit a monthly statistical report on temporary emergency housing assistance for low-income families.
New York City Mayor Eric Adams celebrates the New York City Council’s passage yesterday of Halletts North, a major affordable housing project that will create 1,340 homes.
Between August 30 and September 8, 2022, Comptroller’s Office Audit Bureau staff visited 262 NYCHA developments and conducted a review of building entry door security. This report delivers findings and recommendations.
New York City Mayor Eric Adams and New York City Comptroller Brad Lander announces that the city will issue approximately $400 million of taxable general obligation social bonds in October 2022.
New York City Mayor Eric Adams announces several significant achievements over the last fiscal year in the multiagency effort to get New Yorkers into safe, high-quality, affordable homes.
New York City Mayor Eric Adams, the New York City Department of Parks and Recreation (NYC Parks), and the New York City Housing Authority (NYCHA) today announced a pilot program to re-imagine and invest in nearly three acres of NYCHA open space across Queens, the Bronx, and Brooklyn.
New York City Mayor Eric Adams and Adams administration officials is joined by labor unions, advocacy groups, and Bronx community partners in support of a proposed affordable housing project.
Monthly statistical report from different agencies, with a focus on temporary emergency housing assistance for low-income families. Under Local Law 37, agencies are required to submit a monthly statistical report on temporary emergency housing assistance for low-income families.
This report proposes the State adopt legislation that creates a new “Basement Resident Protection Law” to provide immediate physical and tenant protections to New Yorkers living in basement units, with clear rights and responsibilities for basement owners and dwellers...
Report includes information on supportive housing contained within the coordinated assessment and placement system (CAPS) for the preceding fiscal year.
New York City Mayor Eric Adams celebrates the New York City Council’s passage yesterday of The Lirio through the Uniform Land Use Review Procedure (ULURP), paving the way for 112 new affordable homes with a preference for long-term survivors of HIV/AIDS.
The New York City Housing Authority regularly passes its five-year operating budget with funding gaps, which in last year’s plan exceeded $300 million in most years. IBO examines changes in NYCHA’s budget, including the subsidies the city provides to NYCHA, and looks at challenges ahead.
Report including but not limited to: 1. the number of complaints received by the office and a description of such complaints; 2. the average time taken to respond to such complaints; 3. a description of efforts made to communicate with tenants; and 4. the number of recommendations made to the commis
Monthly statistical report from different agencies, with a focus on temporary emergency housing assistance for low-income families. Under Local Law 37, agencies are required to submit a monthly statistical report on temporary emergency housing assistance for low-income families.
Monthly statistical report from different agencies, with a focus on temporary emergency housing assistance for low-income families. Under Local Law 37, agencies are required to submit a monthly statistical report on temporary emergency housing assistance for low-income families.
While 421-a Affordable New York has expired, talks on the future of the city’s largest tax expenditure continue. IBO examined how many affordable units it created since its start through June 2021, what incomes they serve, and how many received other subsidies.
The Department of Finance (DOF) is responsible for administering the Senior Citizen Homeowners’ Exemption (SCHE) Program which provides a partial property tax exemption for senior citizens who own one, two, or three family homes, condominiums, or cooperative apartments in New York City (the City).
New York City Mayor Eric Adams signs two pieces of affordable housing legislation, extending the city’s critical rent stabilization protections and strengthening data collection and reporting on a critical eviction prevention program.
The 2022 Proposed Consolidated Plan One-Year Action Plan (the “Proposed Action Plan”) is the City of New York’s annual application to the United States Department of Housing and Urban Development (HUD) for the four Office of Community Planning and Development entitlement programs.
New York City Mayor Eric Adams continues efforts to provide New Yorkers with affordable housing options by opening 183 deeply affordable units on the former site of the Spofford Juvenile Detention Center
New York City Mayor Eric Adams releases 'Housing Our Neighbors: A Blueprint for Housing and Homelessness,' his comprehensive blueprint to tackle New York City's affordable housing crisis and get New Yorkers in the safe, high-quality, affordable homes.
New York City Mayor Eric Adams releases ‘Housing Our Neighbors: A Blueprint for Housing and Homelessness,’ his blueprint to tackle New York City’s affordable housing crisis and get New Yorkers in the safe, high-quality, affordable homes.
A transcript about New York City Mayor Eric Adams delivering remarks at Governor Hochul's signing of legislation to convert hotels into affordable homes.
New York City Mayor Eric Adams today celebrated the state Legislature’s passage of the New York City Housing Authority (NYCHA) Public Housing Preservation Trust legislation.
Monthly statistical report from different agencies, with a focus on temporary emergency housing assistance for low-income families. Under Local Law 37, agencies are required to submit a monthly statistical report on temporary emergency housing assistance for low-income families.
New York City Mayor Eric Adams today laid out a plan to use the city’s zoning tools to support small businesses, create affordable housing, and promote sustainability.
A transcript about New York City Mayor Eric Adams outlining his vision for "City of Yes," Plan to promote citywide zoning initiatives to support small businesses, create new housing, and promote sustainability.