Two studies confirm that NYC is loosing its affordable housing stock at an increasingly rapid pace notwithstanding Mayor Blumberg's to both preserve existing stock and add substantially to it. Section 8 and Mitchell-Lama programs were studied.
"A study to be released today (May 27) by the Community Service Society of New York found that nearly a quarter of the roughly 121,000 apartments built under federal and state subsidy programs dating from the 1960's and 1970's left those programs from 1990 to 2005. The rate of withdrawal grew in the late 1990's and hit its highest level last year.
Another study, released on Thursday (May 25) by the Office of the New York City Comptroller looked largely at losses from the state's Mitchell-Lama program, and found that more than 25,000 units have been withdrawn or have begun that process since 2004. That number is greater than the 24,000 units pulled out in all the years before 2004, the study said.
Both reports suggested that the losses may soon outweigh the effects of Mayor Michael R. Bloomberg's efforts to build and preserve 165,000 units of low- and moderate-income housing by 2013. But city officials said the 56,000 units that they say the administration has already financed significantly exceeds the number of units lost.
According to city figures, there are about 250,000 units of government-assisted housing in the city, developed through low-income housing tax credits, the Mitchell-Lama program and various federal subsidy programs. Under Mitchell-Lama and similar programs, in return for the government aid, building owners were required to keep rents affordable to low- and moderate-income people for a time, often 20 years, before they could leave the programs."
FULL STORY: Lower-Priced Housing Is Vanishing at a Faster Pace
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
San Francisco's School District Spent $105M To Build Affordable Housing for Teachers — And That's Just the Beginning
SFUSD joins a growing list of school districts using their land holdings to address housing affordability challenges faced by their own employees.
The Tiny, Adorable $7,000 Car Turning Japan Onto EVs
The single seat Mibot charges from a regular plug as quickly as an iPad, and is about half the price of an average EV.
Engineers Gave America's Roads an Almost Failing Grade — Why Aren't We Fixing Them?
With over a trillion dollars spent on roads that are still falling apart, advocates propose a new “fix it first” philosophy.
The European Cities That Love E-Scooters — And Those That Don’t
Where they're working, where they're banned, and where they're just as annoying the tourists that use them.
Map: Where Senate Republicans Want to Sell Your Public Lands
For public land advocates, the Senate Republicans’ proposal to sell millions of acres of public land in the West is “the biggest fight of their careers.”
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.
Borough of Carlisle
Smith Gee Studio
City of Camden Redevelopment Agency
City of Astoria
Transportation Research & Education Center (TREC) at Portland State University
City of Camden Redevelopment Agency
Municipality of Princeton (NJ)