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Network 2022 State of the State Summary

Categories: New York State

Network 2022 State of the State Summary image

01.06.2022

Governor Hochul delivered her 2022 State of the State address today. We are thrilled to see that housing and homelessness are a large part of the administration’s agenda, including our collective advocacy ask for 10,000 units of supportive housing be included as part of a new 5 year affordable housing plan. In response to this news the Network has released the following statement:

Governor Hochul has rightly recognized the immediate need to address New York’s twin affordable housing and homelessness crises by laying out a far-reaching, $25 billion five-year plan that will not only create desperately needed new units but preserve those that already exist. Her pledge to add 7,000 more supportive housing units while preserving 3,000 others goes above and beyond previous commitments and heeds advocates’ calls for much-needed predictability for developers and service providers alike. We also commend the governor for her acknowledgement that affordable housing can be an important economic development tool that makes a positive impact on individuals and communities, and for seeking creative solutions to streamline the process for getting new units online. We look forward to seeing the details of the proposals Governor Hochul outlined today in her executive budget and look forward to working with her and the legislature to ensuring these ideas come to fruition in the final spending plan. 

Some of the highlights of the State of the State include:

The Network looks to have more information on the $10 billion investment once the budget is released. 

The Governor’s Executive Budget is expected to be released on January 18th.  We will send out a budget analysis when it comes out and look forward to continuing our collective advocacy work to ensure these critical programs are funded in the final budget on April 1.

Press Coverage:

Hochul Vows to Lift Economy, Lure Health Workers and Add a Transit Link

Hochul Rolls Out Five-Year Plan to Produce 100,000 Affordable Homes

 

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