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Testimony of NYU Furman Center Senior Fellow Mark Willis Before the Rent Guidelines Board

The Stoop (NYU Furman Center)

With the importance of preserving the city’s existing affordable housing stock, Willis outlined the challenge facing the RGB when looking to settle on annual increases due to a conflict between two legislative mandates that can be difficult to reconcile in the face of inflation. The first, maintaining affordability (e.g.,

Housing 52
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Revisiting the Community Land Trust: An Academic Literature Review

Community and Economic Development Program of UNC

CLTs offer reliable stewardship of community land assets and a long-term promise of affordable housing (Davis 2010). One-time investments in CLT properties can keep those properties affordable as long as the CLT exists, ensuring affordability for far longer (Institute for Community Economics 1982, Jacobus and Brown 2010, White 2011).

Housing 93
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Supply Skepticism Revisited: What New Research Shows About the Impact of Supply on Affordability

The Stoop (NYU Furman Center)

Historically, the development of new housing in the city has been unevenly spread across neighborhoods, with the lowest-density community districts adding housing at only half the rate of the city overall between 2010 and 2020. Housing supply-oriented legislation has been difficult to pass in New York’s current political environment.

Housing 115
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Nonbank Mortgage Servicers: Proposing a Better Path to Reduce Their Risk to Financial Stability

The Stoop (NYU Furman Center)

Overview of the FSOC Report The FSOC was created in 2010 as a federal interagency committee primarily to identify threats to financial stability and recommend actions to avoid them. A focus on MBS securitized through the smaller Ginnie Mae can follow later, as legislation would likely be required.)

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A Law Ignored “To a Startling Degree”

Barrett & Greene

New Jersey tried to do this in 2007 with legislation that added a $15,000 cap to the amount of sick leave that could be accumulated for senior employees, a rule that was extended in 2010 to all employees hired after May 1 of that year. Over the years, governments have passed various laws that attempt to limit this liability.

Laws 52
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New Report on Ten Years of Land Banking in New York Offers Compelling Metrics of Success, Useful Lessons, and a Lot of Inspiration

Center for Community Progress

Then, I heard that New York was exploring legislation to allow municipalities and counties to create land banks. After New York passed this landmark land bank-enabling legislation, I worked with County and local officials to help establish the Broome County Land Bank in 2012, one of the first land banks in the state. I wondered.

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Divided by Design? Urban Renewal’s Long-term Impact on Poverty and Income by Race

The Lowe Down

I test this idea using Collins and Shester’s methodology to analyze economic outcomes from three decades (1990, 2000, 2010) disaggregated by race (Black or White). Using “years under enabling legislation” helped me predict each city’s funding. All results were significant at a 95% level.