A controversial but sweeping housing initiative in New York City, one of Mayor Bill de Blasio's signature initiatives, had a full head of steam before the coronavirus. Now it's facing drastic cuts.
In the wake of the fiscal impacts of the coronavirus, Mayor Bill de Blasio has "proposed momentous cuts to his signature 10-year plan to build and preserve 300,000 homes at less than market rate by 2026," reports Janaki Chadha. According to figures shared with Chadha, the mayor is proposing to cut "$583 million from the current fiscal year, which ends June 30, and another $456 million next year…"
An expert cited in the article says affordable housing financing will be very difficult during the downturn, and the need for affordable housing supply is only likely to increase.
"The 12-year housing plan, which has benefited from a booming city economy, was going so well de Blasio decided in 2017 to roughly double its capital budget to $16.9 billion and expand the goal from its original 200,000 homes to 300,000," according to Chadha. The city's financial commitment to affordable housing could be headed toward another reckoning in June, according to the article, when the city would typically close on a large share of financing deals involving tax-exempt bonds.
FULL STORY: De Blasio's signature housing plan poised to take big hit from coronavirus
Three Years of New York's Mandatory Inclusionary Housing Program
One of the more aggressive inclusionary zoning programs in the country has been in place long enough to evaluate for lessons regarding the effectiveness of the controversial affordable housing development tool.
Spiting Mandatory Inclusionary Housing to Save Mandatory Inclusionary Housing
The question of whether New York City's new mandatory inclusionary housing policy should apply to a 17-story project in Manhattan could have wide-ranging implications.
One Fourth of East Harlem Housing Set to Lose Affordability
The area could lose up to 500 units of affordable housing every year for the next 30 years if the city doesn't extend existing protections.
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
Canada vs. Kamala: Whose Liberal Housing Platform Comes Out on Top?
As Canada votes for a new Prime Minister, what can America learn from the leading liberal candidate of its neighbor to the north?
The Five Most-Changed American Cities
A ranking of population change, home values, and jobs highlights the nation’s most dynamic and most stagnant regions.
San Diego Adopts First Mobility Master Plan
The plan provides a comprehensive framework for making San Diego’s transportation network more multimodal, accessible, and sustainable.
Housing, Supportive Service Providers Brace for Federal Cuts
Organizations that provide housing assistance are tightening their purse strings and making plans for maintaining operations if federal funding dries up.
Op-Ed: Why an Effective Passenger Rail Network Needs Government Involvement
An outdated rail network that privileges freight won’t be fixed by privatizing Amtrak.
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
New York City School Construction Authority
Village of Glen Ellyn
Central Transportation Planning Staff/Boston Region MPO
Institute for Housing and Urban Development Studies (IHS)
City of Grandview
Harvard GSD Executive Education
Regional Transportation Commission of Southern Nevada
Toledo-Lucas County Plan Commissions