The selection of Shaun Donovan, to be HUD Secretary is good news for affordable housing and New York’s future partnership. Great pick!
Rural Advocates Adopt Three Point Platform
NYS Rural Advocates agreed to join other affordable housing organizations in New York State and adopt a common platform. It consists of a $500 million budget request to support affordable housing infrastructure, create jobs and leverage private investments, full funding for the non profit delivery system of affordable housing, the Preservation Program and opposition to expanding prevailing wage requirements to affordable housing projects. Joint meetings in Albany and in the Districts, to educate our legislators on these important points are currently being planned
Something completely different
Statement from Senate Democratic Leader Malcolm A. Smith
“Today I am announcing that the Democratic Members of the Senate have elected to cease negotiations on reorganization matters with all three Senators as discussed both in private and in the press. We are suspending negotiations, effective immediately, because to do so otherwise would reduce our moral standing and the long-term Senate Democratic commitment to reform and to change. Continue reading
Upstate moves farther from Albany
With the latest news from NYS Democrats, upstate Senators will hardly be in a good position to be making any deals in Albany next year. Senator Smith is to become Senate president pro tem, Espada majority leader, Kruger the Chair of the Finance Committee, and Diaz Chair of the Aging Committee.
With upstate Republican Senators suddenly talking about a coalition, there are only four Senators north of NYC in the majority party:
Neil Breslin, Bill Stachowski, Antoine Thompson, Darrel Aubertine and David Valesky
Still Time for Budget Cuts
The Senate will return to Albany to reconsider budget cuts for this fiscal year on December 15. The Assembly has not agreed to return, but we still have a few weeks until then – so draw down any pending funds, expedite contracts when possible and keep your budgets lean!
RPCs Stimulating the Economy
Preservation Companies sponsored many of the 2008 Main Street Awards, recently announced by NYS Division of Housing. Once again, it is the RPCs and NPCs that are the catalyst to local economic development in our upstate communities. Well done!
Financing Affordable Housing
Remember when a downturn meant more contractors and builders were available for affordable housing? This NYT Article points to a different perspective Affordable Housing Deals Are Stalling.
Our Governor has proposed Cuts
Governor Patterson has proposed to close his budget gap in part by reducing the Neighborhood and Rural Preservation Program by 2 million dollars and cutting an additional 2 million dollars next year. The legislature needs to pass this budget reduction measure when it meets on Tuesday. While some Senators have commented that they are interested in seeing next years budget before they agree to cuts for this year, an additional session has been mentioned for December.
What can Obama do for housing?
Some think, so far, not enough with his current plan. What policy changes would help affordable housing in your community?
Funding for affordable housing announced!
Now more than ever, we need the non profit delivery system to be strong and vibrant! Congrats to those who were funded in the latest AHC round: Continue reading
