Showing entries tagged with: affordable-housing
May 23, 2016
On Friday, May 20th, 2016, the New York City Water Board approved the lowest rate increase in 16 years, but the big news for affordable housing is that they also created a credit of $250 per apartment for affordable multifamily housing. The New Multi-Family Water Assistance Program will provide a total of $10 million of assistance to properties serving as many as 40,000 units.
November 5, 2015
West Farms Social Services and UNHP were on the ballot this Election Day to offer a financial security workshop in the community room of the 8 building, 526 unit complex known as West Farms Square Plaza.
September 24, 2015
As part of our work to preserve affordable housing, UNHP developed the Building Indicator Project (BIP), a database that leverages public data to gauge physical and/or financial distress of multifamily properties in New York City. While the database is used to highlight the current conditions of multifamily housing, we also track the historical performance of each building. History is important – keeping a record of the past tells the story of the building.
June 29, 2015
Held at Fordham University's Lincoln Center Campus, UNHP's Cost of Water Forum was attended by 80 people interested in learning about and discussing equitable water rates, conservation strategies and UNHP's proposal to cap water rates for affordable housing.
April 29, 2015
Coinciding with the NYC 2015-16 Water Board Hearings, UNHP released Affordable Water for Affordable Housing: A Proposal for An Affordable Housing Cap for Water and Sewer Rates today. UNHP, a longtime advocate for water and sewer rate reform, is proposing a water and sewer rate cap for affordable housing.
April 14, 2015
There will be public hearings in each of the boroughs during the last week of April about the latest water and sewer rate increase proposal. Mayor de Blasio's administration is proposing a 3.24% increase to take effect on July 1, 2015. UNHP will be testifying against the rate increase at the Bronx Hearings. While UNHP acknowledges the increase is the lowest in 10 years, UNHP is calling for a freeze this year and a re-evaluation of how water rates are set for affordable housing next year.
March 9, 2015
Housing, especially rental housing in New York City, exists with two purposes: to provide homes for people and families, and to be bought, sold and rented as commodities. Today in Part Two, we focus on prices and profitability of housing from the investor side, and a huge surge (perhaps another bubble) in the market.
March 9, 2015
Housing, especially rental housing in New York City, exists with two purposes: to provide homes for people and families, and to be bought, sold and rented as commodities. Most of the battles around housing arise in the tension between these two purposes.
March 5, 2015
Our blog has been a little quiet in 2015 and no we have not been hibernating – we have been so busy preserving distressed multifamily housing and delivering a wide range of financial services in the Northwest Bronx that we have not had time to brag about it!
December 29, 2014
UNHP is currently working on a study of water and sewer costs in Bronx multifamily buildings and plans to use the information to jump start a conversation about rates and affordable housing in the New Year.