HUD Announces Continuum of Care Awards
Mar.29.2023
On March 28th, HUD announced the Continuum of Care awards for the FY 2022 competition, totaling $2.8 billion nationally. In New York State, 23 CoCs received $268 million, a 3% increase over the prior year. NYC won $145 million, a 2% increase. Most of the funding supports existing permanent supportive housing rental assistance programs, so the funding increases largely support increased Fair Market Rents. Congrats to all CoCs and funded programs. Please contact spiasecki@shnny.org with details about this funding, as we gear up for another federal budget year.
Continue Reading …Assembly and Senate Release One-House Budgets
Mar.16.2023
The New York State Assembly and Senate released their SFY 2024 one-house budget resolutions yesterday. Below is a summary on how both proposals compare to the Governor’s proposed budget.
Continue Reading …The Network’s Statement in Response to Governor Kathy Hochul’s 2023-24 Executive Budget Proposal
Feb.06.2023
Governor Hochul’s budget proposal continues New York’s historic investment in expanding supportive housing statewide, recognizing that the combination of on-site services with affordable housing is a powerful and proven approach to combatting chronic homelessness.
Continue Reading …Governor Hochul Releases SFY 2024 Budget
Feb.02.2023
The Governor released the SFY 2024 $221.6 billion Executive Budget yesterday. It continues the state's full commitment to the Empire State Supportive Housing Initiative, a 15-year plan to develop 20,000 units of supportive housing. The budget also advances funding for year two of the five-year affordable housing plan to create and preserve 100,000 affordable homes.
Continue Reading …The Network’s Statement in Response to Governor Kathy Hochul’s 2023 State of the State Speech
Jan.10.2023
The Supportive Housing Network of NY (The Network) released the following statement today in response to Gov. Kathy Hochul’s 2023 State of the State speech:
Continue Reading …New York State HCR Announces Winter 2022 9% Awards
Aug.02.2022
New York State Homes and Community Renewal announced the Winter 2022 9% awards on July 8th, 2022.
Continue Reading …FY 2023 NYC Executive Budget
Apr.29.2022
On April 26, Mayor Eric Adams released his FY 2023 Executive Budget. The expense budget totals $99.7 billion, a $1.2 billion increase over February’s Preliminary Budget. The Network has done a preliminary review of the budget and will be following up if more details emerge.
Continue Reading …Final State Budget Released This Weekend
Apr.11.2022
The Governor and Legislature came to an agreement on a final $220 million state budget late last week and passed it this weekend. For supportive housing, the final budget is largely reflective of the Executive budget that was proposed in January. Below is the Network’s first glimpse of the budget. We will update our members as we learn more details.
Continue Reading …President Biden’s FY 2023 Budget Released
Apr.04.2022
President Biden released his FY 2023 budget request on Monday, March 28. The request would add $6.2 billion to last year’s HUD budget, putting the total at $71.9 billion. Additionally, the proposed budget also includes $50 billion in other federal investments in affordable housing including:
Continue Reading …HUD announces Continuum of Care Awards
Apr.01.2022
Last month, HUD announced the Continuum of Care Awards for the FY 2021 competition, totaling $2.6 billion nationally. In New York State, 24 CoCs received $261 million, a 6% increase over the prior year. NYC won $145 million, a 5% increase. Most of the funding supports existing permanent supportive housing rental assistance programs, so the funding increases largely support increased Fair Market Rents. Congrats to all CoCs and funded programs. Please contact spiasecki@shnny.org with details about this funding, as we gear up for another federal budget year.
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