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Tackling New York City’s Housing Crisis is a ‘Shared Responsibility’

The Stoop (NYU Furman Center)

Top New York City officials urged state leaders in Albany to provide the necessary funding and legislative support to build additional housing as the city contends with its worst housing crunch in over 50 years. "We The framework aims to enshire fair housing into law to ensure that every New Yorker has equal and fair housing.

Housing 114
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Revisiting the Community Land Trust: An Academic Literature Review

Community and Economic Development Program of UNC

Housing costs and supply are dominating the news at the moment. Housing is the highest monthly bill typical Americans face, reaching an average of $1674 a month in 2021. Housing prices have increased far faster than incomes (Miller 2015), making affordable homeownership inaccessible for many aspiring homeowners (Hackett et al.

Housing 91
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Exploring Variations in ERAP Application Rates Across New York State

The Stoop (NYU Furman Center)

After a slow start in New York relative to states that did not use a legislative process to create new rental assistance programs, recent reports indicate an acceleration of obligations and disbursements of Emergency Rental Assistance Program (ERAP) funds. An additional 48,109 applications (26.4 We use the U.S.

Housing 52
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Current GSE Guarantee Fees Are Too Low to Be Consistent with Regulatory Capital: Does This Mean a Large Increase Is Coming?

The Stoop (NYU Furman Center)

The average guarantee fee (G-fee) of Freddie Mac and Fannie Mae, the two government-sponsored enterprises (GSEs), who currently finance about half of the nearly $13 trillion of outstanding first-lien single-family mortgages in the country, 1 is among the most closely-watched numbers by housing finance policymakers and the mortgage lending industry.

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How to Evaluate the Likelihood of GSE Reform in the Next Presidential Administration: Six Questions to Ask

The Stoop (NYU Furman Center)

on Treasury and Federal Housing Finance Agency Action to Protect Financial Markets and Taxpayers” announcing that the GSEs had just been placed into conservatorship, in which he referenced “…the inherent conflict and flawed business model embedded in the GSE structure…” See [link]. Paulson, Jr.