WGXC-90.7 FM

Lack of affordable housing still an issue locally and throughout New York

Dec 05, 2023 1:03 pm

Bernadette Hogan reports for New York State of Politics that Gov. Kathy Hochul is reviving her plan for affordable housing that failed in the legislature last year. Some critics said her ambitious housing proposal to buil 800,000 new homes within 10 years was so big that it failed. But not enough is being done to actually build affordable housing locally or throughout the state. Zach Steinberg, Senior Vice President of Policy at trade association, the Real Estate Board of New York, said, “We were creating about 20,000 units a year over the last couple of decades.... And we think based on looking at data from the Department of Buildings and Building Congress…is that we’re on track for about 11,000 new housing units to get started this year.” Steinberg blames the legislature for not renewing or replacing 421a, the now-expired incentive program that got developers to build affordable units. He says, “The absence of this program has really led to a serious decline in the number of housing units we’re creating.” But some in the legislature disagree. State Sen. Jabari Brisport said, “I think we can do much better by directly having government invest in creating new affordable housing through, like, a social housing model.” Almost everyone agrees that the lack of affordable housing is a major problem, both locally, where only in Hudson is there even a discussion about building affordable housing, and throughout the state. Spokesperson for Gov. Hochul Avi Small said, “Like 73 percent of New Yorkers, Gov. Hochul believes housing affordability is a major problem. The housing crisis is pushing New Yorkers out-of-state to Connecticut and New Jersey that have built thousands more homes over the last decade than New York has." Read more about this story at New York State of Politics.

Wave Farm / WGXC Acra Contact Info
Mailing: PO Box 13 Acra, NY 12405
Main Office / Acra Studio
(518) 622-2598
WGXC Office
(518) 697-7400
WGXC Hudson Studio
(518) 828-0290
WGXC Feedback
(518) 212-7509 feedback@wgxc.org
Wave Farm / WGXC Acra Studio: 5662 Route 23 Acra, NY 12405
WGXC Hudson Studio: 369 Warren St. Hudson, NY 12534