E.g., 12/22/2024
E.g., 12/22/2024

The ANHD Blog raises the profile of our issues, and educates our member groups, city decision makers, and the general public on our core issue areas. The ANHD Blog offers sharp, timely and effective commentary on key public policy issues, as well as our work and the work of our member groups.

All of our blogs are sorted based on the issues, projects, special tags, and dates they are associated with, and you can use the dropdowns below to filter through our blogs based on these tags. Additionally, you can do a general search through our blog, using the search bar the right. If you can’t find what you are looking for, email comms@anhd.org.

ANHD in NY Times - Championing City Policy for Non-Profit Development

By:

October 21, 2013

In today's Room for Debate section of the New York Times, ANHD Policy Director Barika Williams discusses the Bloomberg administration's shift toward paying for-profit developers to build affordable housing, instead of working with non-profit Community Development Corporations (CDCs). However, skilled, mission-driven non-profit developers create the greatest benefit for the community and make the best use of the taxpayer investment - including keeping housing permanently affordable.

Most for-profit affordable housing deals come with an expiration date, often just 30 years.   Unlike non-profit CDCs, for-profit developers count on reaping the benefits of market rate rents after affordability restrictions expire. Meanwhile, taxpayers are providing most of the equity for these developments. Our tax dollars should result in more than just short-term benefits and bricks and mortar. CDC.'s include a comprehensive community perspective in their planning, and the commitment to ensure that our neighborhoods stay vibrant places affordable to a wide range of New Yorkers -- not just in this generation, but for the future as well. Please click this link to read Nonprofit Developers Stabilize Neighborhoods by Barika Williams in today's New York Times.

Sign up Form