Press release for IBO's report "How Much Has the City Spent on One-Time Homelessness Prevention Payments for Rental Arrears." Contains a link to the report and a summary of key findings.
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.
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.
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.
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.
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
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).
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.