New York state budget greenlights more condo conversions, new housing vouchers, but no down payment assistance

… would need to agree to convert some newer large apartment buildings from rental to condo Its one of a handful of … $50 million in funding to help wouldbebuyers make a down payment despite both the state legislature and assembly … $1 billion to the City of Yes for Housing Opportunity a key commitment that helped get the landmark legislation …

By Celia Young |May 22, 2025 - 10:30AM
Delayed Section 8 payments could worsen discrimination against tenants, NYC attorneys warn

… on federally funded vouchers to pay part of their rent But for the past two months those subsidies were briefly held up … federal government on February 1st and March 1st and paid landlords on the third according to a spokesperson … change according to the spokesperson For years NYCHAs receipt and distribution of these funds was nearly …

By Celia Young |March 21, 2025 - 4:00PM
Zohran Mamdani wants more union-built housing and to expand rent stabilization in NYC

… building 200000 new housing units in New York City For current NYC tenants he wants to make the city more effective at … climate law Local Law 97 and new construction enabled by the City of Yes for Housing Opportunity plan  In short … NYCs shortterm rental restrictions and allowing small homeowners to rent out their properties for fewer than 30 days …

By Celia Young |March 3, 2025 - 3:30PM