Every unit of affordable housing built or preserved with city-backed financing creates a benefit for the public. The level of benefit created by the affordable housing for the City and its local neighborhoods varies on who can access these units and whether they are being created for New York City’s most vulnerable populations.
This report investigates how New York City maximizes public value in city-financed affordable housing through an analysis of Local Law 44 data.
The CRA is one of the most important laws we have to bring banks to the table to reinvest in our neighborhoods. ANHD produces this report each year to help communities, banks, legislators, bank regulators and allies understand the impact of the Community Reinvestment Act (CRA) at a local level. Quality bank reinvestment has the potential to impact all the work ANHD does to build and preserve affordable housing, support equitable economic development, increase access to homeownership, support small businesses, and increase access to banking.
Over the past year, ANHD engaged nearly 100 immigrant small business owners from the Lower East Side, Jackson Heights, and Kingsbridge with the help of our non-profit partners Cooper Square Committee, Chhaya CDC, and Northwest Bronx Community & Clergy Coalition. Through interviews, focus groups, and surveys, we empowered participants to share the challenges they face as commercial tenants in rapidly changing neighborhoods. We are now excited to release a report of the key findings and policy recommendations garnered from this program.
Good paying jobs are growing in every borough of the city, but many New Yorkers, especially low wealth New Yorkers of color, remain disconnected from those jobs.
While 57% of jobs in the City are good paying jobs, they are less likely to go to local residents of color. Communities of color are not only excluded from the City’s economic boom, they are at greater risk of displacement as housing costs rise and access to good paying jobs remains limited.
Three years since the Industrial Action Plan announcement, the Industrial Jobs Coalition grades the Administration’s progress on the 10-point agenda.
On the heels of our 8th Annual Community Development Conference—where Governor Lael Brainard, from the Federal Reserve Board delivered our keynote address, the Association for Neighborhood and Housing Development (ANHD) is pleased to release The State of Bank Reinvestment in New York City: 2017.
This history was reconstructed and written by Bonnie Brower, through piecing together dusty, old files and probing the rusty memories of available old-timers.
Co-authored with the NYC Comptroller assessing code enforcement policy and laying out recommendations for change.
An in-depth analysis of existing data sources reveals that the neighborhoods with the most severe housing problems are receiving the worst housing code enforcement.
Comprehensive assessment of the landscape for affordable housing production
An evaluation of the impact of the Homeownership Stabilization Initiative