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Newsfeed Category: Funding

The Network’s Statement on the Conceptual State Budget

Apr.28.2023

The governor and state lawmakers have missed an important opportunity to address the mounting crisis in the state’s supportive housing system, failing to invest in sorely needed funding to shore up an aging housing infrastructure and programs that are stretched to the limit. 

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The Network’s Statement in Response to Mayor Adams’ PEG Directive

Apr.12.2023

The Supportive Housing Network of NY (the Network) issued the following statement on Mayor Adams’ directive that all city agencies cut their budgets by 4 percent for the coming fiscal year:

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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.

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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.

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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.

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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.

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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:

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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.

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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.

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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.

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