Capital Project Update
Although last month the NYS Division of Budget released a Budget Bulletin B-1223 “pausing” all existing supportive/affordable projects, last week the DOB approved all OTDA HHAP and HCR 9% capital projects that have award letters to move toward closing. It is unclear at this time how future projects will be impacted.
Network Executive Director Laura Mascuch, along with a number of our member agencies, testified about proposed cuts to HPD’s capital budget at the City Council Subcommittee on Capital Budget and Finance hearing May 21st.Continue Reading
On May 20, 2020, the Office of the Comptroller of the Currency (OCC) issued a final rule to change the regulations implementing the Community Reinvestment Act (CRA), notably without support from the Federal Deposit Insurance Corporation (FDIC) or Federal Reserve.Continue Reading
House Speaker Pelosi announced a $3 trillion stimulus bill, HEROES Act on May 15th. This comprehensive package embraces all of our top priorities, including:Continue Reading
During COVID-19, Doctors Without Borders (DWB) has been partnering with supportive housing providers across the city to extend advice on infection protection and control and isolation strategies, to think through safety protocols for symptomatic tenants and to field other heath related questions.Continue Reading
The Network partnered with fellow social service coalitions and supportive housing providers to advocate for nonprofit and worker-friendly changes to recent city council legislation surrounding essential workers. In a letter to Speaker Johnson and Chair Miller, the Network and partners urged City Council to consider the impact these bills would have on nonprofits, citing that the proposed legislation could hamper service delivery to New York’s highest risk populations in this challenging time.
Dear Supportive Housing Community:
We want to express our deepest thanks and admiration: to our members who are working tirelessly to keep their tenants, their staff and their organizations safe; to our government partners who are working 24/7 to provide flexibility, guidance and support to our nonprofit community, to the foundations and financial institutions who are offering financial and material support, and to the individuals and groups who, seeing a desperate need in New York are reaching out to offer assistance. We would also like to extend our sympathies to all of you who have been impacted by the COVID-19 pandemic. As a community, we have suffered many losses to this shockingly lethal virus in an unthinkably short period of time.Continue Reading
In response to increasing concerns regarding staffing shortages related to COVID-19, the background check process required of authorized OMH programs has been temporarily modified. OMH posted guidance that outlines the following:Continue Reading
As you probably know, all low-income individuals are eligible for a $1,200 stimulus check ($2,400 for joint returns, $500 for each qualifying child) known as Economic Impact Payments.
Any low-income individual who has filed a tax return in the past two years and cannot be claimed as a dependent will receive the monies automatically.Continue Reading
Voting remotely, the NYS Legislature has passed the SFY 20-2021 budget, which mostly mirrors what the Governor proposed in January for supportive housing. This is an unprecedented time with the state facing a great deal of uncertainty about future revenue and COVID-19-related costs. Given our current circumstances, we are grateful to the state for maintaining existing supportive housing service and development funding levels.
We also understand this budget could change over the next few weeks as lawmakers determine how much federal aid will be coming into the state and if they can maintain the existing revenue projections. If the state doesn’t have enough revenue to cover expenses, the Division of Budget is authorized to make across the board cuts.
Here is our analysis of the various budget areas important to the supportive housing community that is included in the final budget.