$466 Million in Affordable Housing Funding Restored After Advocacy Effort

On October 23rd Mayor Bill de Blasio announced that the city will restore $466 million in fiscal year 2021 capital cuts to continue to advance New York City’s Housing Plan.

LiveOn NY was proud to join the New York Housing Conference led advocacy effort calling on the City to restore capital funding for the City’s affordable housing program in the FY21 budget. This #NoCapitalCuts Campaign brought together stakeholders from a broad spectrum of housing providers, including the Supportive Housing Network of New York, NYSAFAH, Enterprise Community Partners, and more. The campaign also included sign ons from a number of LiveOn NY member organizations, including, Ascendant Neighborhood Development Corporation, Elmcor Youth and Adult Activities, RiseBoro Community Partnership Inc., and Selfhelp Realty Group.

Thank you to City Council for their support of this effort and to our partners in advocacy, particularly the New York Housing Conference, which put together this important policy brief that helped pave the way for this victory for tenants.

LiveOn NY also thanks Mayor Bill de Blasio, Deputy Mayor for Housing and Economic Development Vicki Been, and New York City Housing Preservation and Development Commissioner Louise Carroll for committing to this restoration of funds to ensure that New York’s important affordable housing efforts can continue in earnest.