Affordable Housing
Poughkeepsie’s Housing Fiasco
Poughkeepsie’s Housing Fiasco A recent study in Poughkeepsie confirmed that they are experiencing the same thing happening across New York State: a significant housing crisis. With a vacancy rate of under 4%, it’s correct to call this situation a housing emergency; a healthy city has a vacancy rate of around 10%, and anything less than 4%…
Read MoreBuilders, affordable housing groups demand repeal of N.Y. Scaffold Law this session
Builders, affordable housing groups demand repeal of N.Y. Scaffold Law this session Builders, contractors and New York affordable housing experts Wednesday could not name a housing proposal in Gov. Kathy Hochul’s State of the State they disliked, but said they will push for additional policy changes to improve supply across the state, including repealing the…
Read MoreABC Reacts: 2024 State of the State Address
ABC Reacts: 2024 State of the State Address The Following Statement Regarding Governor Hochul’s State of the State Address is Attributed to ABC Empire State Chapter President Brian Sampson: “The Associated Builders & Contractors Empire State Chapter is pleased to hear again Governor Hochul commit to improving our infrastructure, expanding broadband, constructing more affordable housing,…
Read MoreABC Reacts: Gov. Hochul Signs 3 Affordable Housing Bills
ABC Reacts: Gov. Hochul Signs 3 Affordable Housing Bills The following statement is attributed to Associated Builders & Contractors, Empire State Chapter President Brian Sampson Reacting to Gov. Hochul’s Signature of Three Affordable Housing Bills: “We support the new J-51 tax incentive that will help property owners navigate the high construction costs in New York…
Read MoreNew York’s PLA Addiction & The Impact on Affordable Housing
New York’s PLA Addiction & The Impact on Affordable Housing Governor Hochul has announced multiple large-scale housing developments. One major announcement was the 1200 new housing units being built at 5 World Trade Center in New York City, where one-third will be affordable housing. ABC applauds the Governor for her commitment to relieving the housing…
Read MoreFix the PLA Problem Before Bailing Out NYCHA
Fix the PLA Problem Before Bailing Out NYCHA The newly appointed New York City Housing Authority (NYCHA) CEO has requested a $500M bailout. Common sense change must be made before even a penny of this enormous bailout is forced on taxpayers. NYCHA must stop using expensive Project Labor Agreements (PLAs) on their construction projects as…
Read MoreBringing Back 421-A Is a Good Start to Fixing Housing Crisis
Bringing Back 421-A Is a Good Start to Fixing Housing Crisis Leaders in Albany have correctly identified that New York has a housing crisis. It is even more frustrating that they have chosen to do nothing about that crisis. Without the correct changes, there is no way that the state will reach its goal of…
Read MoreAlbany’s Policies Inhibit Creation of Affordable Housing
Albany’s Policies Inhibit Creation of Affordable Housing It’s clear that addressing the housing crisis by building more affordable housing units in New York is a top priority for Governor Hohcul and leaders in the legislature. ABC and our members applaud this idea, but there are some obstacles standing in the way of achieving this goal.…
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