Affordability

Rep Yvette Clarke Introduces Bill to Fix Housing Eligibility

For years, housing advocates have argued that the federal Area Median Income (AMI) formula often fails to reflect the financial realities facing working families in high-cost cities like New York. As affordable housing developments continue to use AMI benchmarks to determine rents and eligibility, many residents find themselves earning too much to qualify for assistance but too little to comfortably afford market-rate housing. Congresswoman Yvette Clarke's newly introduced legislation seeks to address that disconnect by reevaluating how AMI is calculated and exploring reforms that could make affordable housing programs more accessible to the households they were originally designed to serve.

Jeffries Slams GOP Budget Over Affordability

House Democratic Leader Hakeem Jeffries joined House and Senate Democrats to oppose the Republican budget proposal, arguing it fails to lower the cost of living for working Americans while benefiting wealthy interests and enabling corruption. Jeffries called for policies focused on affordable healthcare, lower housing and grocery costs, humane immigration reform, and stronger economic protections for middle-class families, while criticizing Republican priorities on spending, immigration enforcement, and healthcare.

Jaime Williams Rejects Political Distractions

Assemblymember Jaime Williams is rejecting political distractions and misinformation while reaffirming her focus on affordability and quality-of-life issues impacting Southeast Brooklyn communities including Canarsie, Flatlands, Mill Basin, Bergen Beach, and Gerritsen Beach. Williams also highlighted her record supporting homeowners and renters by fighting against rising taxes, tolls, congestion pricing, and policies that could increase housing costs. She said she supports responsible development, affordable housing, and pathways to homeownership for working families.

NYC SPEED Report Targets Faster Affordable Housing

New York City officials have released the new SPEED Report, a sweeping plan designed to speed up the development and delivery of affordable housing across the five boroughs. The reforms aim to reduce delays tied to environmental reviews, permitting, financing, and the Housing Connect lottery system, cutting affordable housing project timelines by as much as two years for some developments. City leaders say the initiative will help move New Yorkers into affordable homes faster while reducing bureaucracy and improving government efficiency.

AARP NY Says NYC Budget Falls Short on Seniors

AARP New York is urging New York City leaders to strengthen investments in services for older adults, warning that the city’s Fiscal Year 2027 Executive Budget does not adequately address the growing affordability crisis facing seniors. The organization pointed to rising housing, food, and healthcare costs, along with a nearly 50 percent increase in poverty among older New Yorkers over the past decade. While AARP praised proposed investments in caregiver support, affordable housing, and expanded SCRIE and DRIE protections, the group said funding for home-delivered meals, Older Adult Centers, and aging services remains insufficient as demand continues to grow.