New York Governor Andrew Cuomo released his $152.3 billion executive budget proposal Tuesday night. The Governor’s briefing materials point out that the increase in this year’s proposal is once again less than 2% – and we note that this is accomplished in part by funding programs such as Rural Preservation “off budget”. RPC base funding of $3.539 million is provided by sweeping “excess revenues” from the Mortgage Insurance fund included in an Article VII bill rather that including it in one of the five regular appropriations bills. The MIF funding for RPC will be supplemented by the RPC’s share of the final $6 million installment of JP Morgan Chase settlement funds. Budget negotiations in 2016 resulted in $2 million in additional funds for RPC/NPC. Advocates will be working to have supplemental funds included in this year’s budget as well.
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!
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.
Thursday, March 10th
SUNY Polytechnic Institute
College of Nanoscale Science and Engineering
257 Fuller Road
Albany, NY 12203
Wednesday, April 27th
Binghamton University’s Innovative Technologies Complex
85 Murray Hill Road
Vestal, NY 13850
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
To join the online meeting (Now from mobile devices!)
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:
To join the audio conference only
1. Provide your number when you join the meeting to receive a call back. Alternatively, you can call one of the following numbers:
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
“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)
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.