#housing-policy

#housing-policy

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Cuomo who only moved into New York City in September 2024 after living in Westchester, a suburban community north of the city has promised to build over the next decade half a million new apartments, two-thirds of which will be affordable. The plan offers tax incentives to private developers to build more residential developments. It also says it will loosen zoning laws to promote office-to-residential conversions.

My father, a proud Naval Academy graduate, served two tours in Vietnam, flying A-4s off aircraft carriers. He raised me with a strong sense of patriotism, a commitment to service, and a belief in community - a community that includes everyone: rich and poor, black and white, gay and straight, left and right, young and old, Jews, Muslims, Christians, and everyone in between.

This week we posted three videos on our short video channels, two of which focused on providing less-than-a-minute summaries on two news stories. The other re-debunked some fake news from the summer because the misinformation was repeated this week by President Donald Trump. On Monday, we posted the TikTok version of our legislative update, the text version was also published on Monday.

George Osbourne launched LISAs in his 2016 Budget. The idea was to help people save for their first home or retirement, but the product itself is not fit for that purpose and now costs the Government £3bn a year. The LISA allows the user to put in a maximum of £4,000 of savings a year, with the Government then adding a further 25% for every £1 contributed, thus giving a maximum saving of £5,000 a year.

In the four years since I took office, one of my foundational beliefs has been the importance of the office of New York governor working hand in hand with the mayor of New York City for the betterment of the 8.3 million residents we both represent. The question of who will be the next mayor is one I take extremely seriously and to which I have devoted a great deal of thought. Tonight I am endorsing Assemblyman Zohran Mamdani.

would put a wide range of land use decisions in the hands of mayoral appointees.

Senate Bill 79, one of the more ambitious state-imposed housing density efforts in recent years, is now a final Senate concurrence vote and a Gov. Gavin Newsom signature away from taking effect. The bill was introduced in March by Sen. Scott Wiener (D-San Francisco), who stresses that the state needs to take immediate action to address California's housing shortage. It paves the way for taller, denser housing near transit corridors such as bus stops and train stations:

A housing emergency declaration could be in the nation's near future, according to one of President Trump's top cabinet officials. Donald Trump is considering making such a declaration in the fall, Bloomberg reported. Treasury Secretary Scott Bessent said as much in a comment to the Washington Examiner, a move that would likely raise the profile of the country's housing market as a key point in the 2026 midterm election.

New York is a very different city from when Mayor Ed Koch was faced with upwards of 100,000 properties having been foreclosed on for property tax arrears but current rates of delinquency are on the rise. Multifamily owners are squeezed by limitations on rent increases baked into the 2019 Housing Stability and Protection Act, rising interest rates, and costs for insurance, among other things.

The city will open a new Office of Homelessness Solutions to head Oakland's response to one of its most entrenched issues the thousands of people who live in town without permanent housing. When it opens, the new office will focus on preventing nearly 2,500 people from becoming homeless each year, spending money to rehouse people quickly and build new shelter beds in a city that frequently finds itself short of them.

Councils across the country have been running out of funding for the tenant-in-situ scheme, which is designed to keep tenants who are at risk of eviction in their homes. Introduced by the Government in March 2023 as the eviction ban was lifted, the tenant-in-situ scheme enables local authorities and the Housing Agency to buy rental properties where the owner wants to sell up. The tenant then pays rent to either the council or the Housing Agency.

A one-size-fits-all mandate from Sacramento is not safe, and it's not responsible,

The province has approved a plan for Toronto to allow higher and denser buildings near transit stations, which will enable the creation of 1.5 million homes over 25 years.

More than 11,000 households in England have had their homes repossessed by bailiffs following a no-fault eviction process since last year when the Labour government came into power.

San Jose must transition to higher densities thoughtfully, with our residents' voices leading the way, as exemplified by the development on the Pleasant Hills Golf Course.

In Los Angeles, thousands of families face long commutes due to unaffordable housing, spending over $14,000 annually on transportation while red tape obstructs housing development near transit.

Thatcher's right-to-buy scheme has cost UK taxpayers almost 200bn and contributed significantly to the housing crisis by reducing the stock of affordable housing.

Our administration is taking an important step toward unlocking thousands of safe, legal homes for New Yorkers. Ancillary dwelling units are a solution to our city's housing crisis that allow homeowners to create new homes for family members or renters while keeping our neighborhoods vibrant and livable.