State Budget Update – Assembly “one house”

The folks at the State Capitol got yesterday off due to the snow storm and therefore, things seem to be running a little behind.  Both houses of the legislature were due to release their proposed changes to Governor Cuomo’s budget executive budget as “one house” bill on Monday.  As of this morning, the Assembly has published a pretty comprehensive summary of their proposed changes to the budget.

The Assembly:  the Assembly is proposing several changes to the Education, Labor and Family Assistance, Article VII bill.  The Assembly would fund RPC/NPC at $22.2 million which would be a $4 million increase over what the Governor has proposed.  This amount would be $3.3 million more than last year’s enacted budget – enough to provide a $15k per group increase over last year’s funding level.  The Assembly would also provide “carve out” for the housing coalitions but they do not specify an amount for them.

The Assembly would include $10 million in MIF funding for foreclosure prevention services for the coming year.  They would also commit $20 from unspecified settlement funds to provide foreclosure services next year.

The Assembly would reduce Governor Cuomo’s proposed funding for the Rural and Urban Community fund by $8.7 million bringing the proposed appropriation for the program to $27.3 million.

The Assembly proposes to make substantial changes to the Governor’s proposal for the $2 billion House NY 2020 program.  The Assembly would add $400 million for the NYC Housing Authority bringing the total appropriation for NYCHA to $500 million.  They would get the $400 by reducing several other components of the program.  They would zero out the Governor’s proposed $45 million for the Rural and Urban Community Fund; They would zero out the $150 million middle income rental program; reduce multi-family new construction by $125 million; multifamily preservation would be reduced by $100 million to $77 million; Small projects would be reduced by $30 million to $32.5 million.  The Assembly would add $50 million under House NY 2020 to fund Housing for the Developmentally Disabled.

The Senate:  we have yet to see anything is writing from the Senate but we have been told that they will propose a million dollar increase for both the NPC and RPC programs and they would carve out $250K for the Rural Housing Coalition.  We also understand that the Senate intends to provide $10 million for foreclosure prevention services.

More news as it develops

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Advocacy Day a Great Success

Thanks to all who took the time from their frantic schedules to meet with legislators and leadership to explain the conditions in  your community and the need for affordable housing.  Remember to follow up with thanks and requests for updates and reports of all the good work you do in the district.  One house bills expected very shortly and then negotiations on the final budget begins.  Remember, this doesn’t work without your participation!

MWBE community meetings scheduled

Two New York State’s Disparity Study Community Meetings, a component of the State’s Disparity Study have been scheduled upstate in Albany and Binghamton. These meetings, led by Mason Tillman Associates, will inform the local community and businesses about the Study, which assesses the policies related to maximizing MWBE participation and outreach, its methodology and legal standard. For more information regarding the Disparity Study and statewide community meetings click here.

Capital Region
Thursday, March 10th
SUNY Polytechnic Institute
College of Nanoscale Science and Engineering
257 Fuller Road
Albany, NY 12203

Southern Tier
Wednesday, April 27th
Binghamton University’s Innovative Technologies Complex
85 Murray Hill Road
Vestal, NY 13850

MWBE Webinar rescheduled

New York State Homes & Community Renewal (HCR) has created a “primer”,  NYSHCR MWBE Program for Not-For-Profit Organizations to assist  compliance with AHC processes and practices on MWBE Utilization. Submit  questions and/or comments to the Office of Economic Opportunity and Partnership Development at Econ.Opportunity@nyshcr.org

In order to provide guidance on the appropriate implementation of this effort within your organization, the Office of Economic Opportunity and Partnership Department is hosting a webinar on Tuesday, March 8th, 2016 at 10 am.

Information on how to access the webinar is listed below:

Topic: NYSHCR MWBE Program for Not-For-Profit Organizations
Date: Tuesday, March 8, 2016
Time: 10:00 am, Eastern Standard Time (New York, GMT-05:00)
Meeting Number: 645 853 077
Meeting Password: nCBHWTE4

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To join the online meeting (Now from mobile devices!)
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1. Go to https://meetny.webex.com/meetny/j.php?MTID=mbda3aa4be60734075c61a4a507d6288a
2. If requested, enter your name and email address.
3. If a password is required, enter the meeting password: nCBHWTE4
4. Click “Join”.

To view in other time zones or languages, please click the link:
https://meetny.webex.com/meetny/j.php?MTID=m1148cf4ea8cbf67921640058ffb2b8ff

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To join the audio conference only
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1. Provide your number when you join the meeting to receive a call back. Alternatively, you can call one of the following numbers:
Local: 1-518-549-0500
Toll Free: 1-844-633-8697
Alternate Toll Free – (For callers not able to call the 844 Toll Free Number): 1-866-776-3553
2. Follow the instructions that you hear on the phone.
Your Cisco Unified Meeting Place meeting ID: 645 853 077

Morgan Stanley settlement means $550 million for NY

The settlement… includes $400 million in relief for New York consumers and $150 million in cash. The relief includes loan reductions to help New Yorkers avoid foreclosure and money to help build more affordable housing…. Morgan Stanley will be required to provide a minimum of $400 million in creditable consumer relief directly to struggling families and communities across the state. The settlement includes a menu of options for consumer relief to be provided, and different categories of relief are credited at different rates toward the bank’s $400 million obligation. Creditable dollars will go toward the creation and preservation of affordable rental housing, land banks, code enforcement, communities purchasing distressed properties, and principal reductions for homeowners.” (source: Albany Times Union)

M/WBE Compliance

Meeting your M/WBE contract obligations, reporting, and waiver requests will be covered in a webinar presented by the Office of Economic Opportunity in partnership with NYS Affordable Housing Corporation, NYS Rural Housing Coalition and NYS Rural Advocates, scheduled for Wednesday, Feb 24, 2016 at 10 AM. Watch your email for details.