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Nearly half of all New York renters burdened by housing cost

May 2, 2019. The article makes the impact of rent burdens clear across the state. Locally, “Nearly half of all minority renter households in Albany, and 35 percent of white, non-Hispanic renters are rent-burdened, according to a report published by the left-leaning Fiscal Policy Institute. Across New York state, 46 percent of all families pay over 30 percent of their income on rent, and a quarter of all families pay over 50 percent of their income on rent. In Albany, … (read more)

Report: Nearly Half of New York Renting Families Are Rent-Burdened

April 29, 2019. Families should pay no more than 30 percent of their income for rent according to housing advocates. Many public agencies set their support levels to meet this standard. Unfortunately, we find that across New York State, and in some of its major cities, significant shares of families are paying more than 30 percent of their income in rent. This is especially true among families of color. Severe rent burdens can badly reduce families’ ability to pay for … (read more)

Press Release: Families Lack Affordable Housing Statewide, Rent burdens leave families and communities without a firm foundation

 

For Immediate Release: April 29, 2019

Media contact: Fern Whyland, Communications Director, whyland@fiscalpolicy.org, 315-436-0558

(Albany, NY) Today the Fiscal Policy Institute released a new report “Nearly Half of New York Renters Are Rent Burdened” (add link) showing a majority of renting families statewide are “rent-burdened” meaning that they pay over the recommended standard of 30% of their income in rent – and for families of color that percentage climbs even higher. FPI cautions that the effects of rent burdens … (read more)

New Proposal Gives Needed Boost to New York’s Working Families

For Immediate Release: April 10, 2019

Media Contact: Fern Whyland, Communications Director, whyland@fiscalpolicy.org, 315-436-0558

New Proposal Gives Needed Boost to New York’s Working Families

(Albany, NY) New York’s Fiscal Policy Institute welcomed Senator Chuck Schumer and Senator Kirsten Gillibrand’s sponsorship of the Working Families Tax Relief Act– legislation that would begin to fix our tax laws to help working people with low-wage jobs make ends meet as they work to support themselves and their families. Introduced today the … (read more)

Fiscal Policy Institute Response to the 2019-2020 Adopted Budget

For Immediate Release: April 9, 2019

Contact: 

Ron Deutsch, Executive Director Fiscal Policy Institute 518-469-6769 (cell)

 

Fiscal Policy Institute Response to the 2019-2020 Adopted Budget

Revenues

This year’s budget raises revenues from a number of different areas, and does so through a number of well-founded approaches. The Fiscal Policy Institute supports the newly enacted luxury real estate tax, which makes property taxes more progressive. We support congestion pricing, which will raise needed revenues for the transit system while reducing … (read more)

Fiscal Policy Institute Releases Analysis in Support of Proposed Pied-à-Terre Tax

For Immediate Release: March 26, 2019

Contact:

Jonas J.N. Shaende PhD, Chief Economist, Fiscal Policy Institute – 212.721.5624 | jshaende@fiscalpolicy.org Ron Deutsch, Executive Director, Fiscal Policy Institute – 518.469.6769 | deutsch@fiscalpolicy.org

 

Fiscal Policy Institute Releases Analysis in Support of Proposed Pied-à-Terre Tax

Report and Analysis here. A PIED-À-TERRE TAX IS A TAX ON HIGH-VALUE LUXURY RESIDENTIAL PROPERTY that is not used by its owners as a primary residence. This type of tax has become increasingly common around the world … (read more)

Press Release: Legislators, Fiscal Watchdog, Children and Social Justice Advocates and Faith Leaders Urge NY to Take Real Steps To Address Child Poverty and Provide Tax Relief to Low Income Families by Strengthening NY’s EITC and Child Tax Credit

For Immediate Release: March 11, 2019

Media Contact:

Dede Hill, Director of Policy, Schuyler Center for Analysis and Advocacy – (518) 879-6616 | dhill@scaany.org Ron Deutsch, Executive Director, Fiscal Policy Institute – (518) 469-6769 | deutsch@fiscalpolicy.org Pete Nabozny, The Children’s Agenda – (518) 929-1264 | pete@thechildrensagenda.org

 

 

Legislators, Fiscal Watchdog, Children and Social Justice Advocates and Faith Leaders Urge NY to Take Real Steps To Address Child Poverty and Provide Tax Relief to Low Income Families by Strengthening NY’s… (read more)

Groups Lobby for Changes to State Budget to Help Low- and Middle-Income People

March 4, 2019. As New York lawmakers struggle over the proposed 2020 state budget, these are some of the issues that have prompted two organizations to partner for an awareness campaign that’s taking them throughout the state. Ron Deutsch, executive director of the Fiscal Policy Institute, Latham, and the Rev. Peter M. Cook, executive director of the state Council of Churches, are on a three-week tour of communities, large and small.

“We believe things have been askew,” Mr. Deutsch said. (read more)

Reworking New York State’s Family Tax Credits

March 8, 2019. The human costs of child poverty are staggering. Experiencing poverty as a child – even for short stints – can impair brain development, physical and mental health, and academic achievement, and increase the possibility of child welfare involvement.  And the impacts can last a lifetime.  Childhood poverty is the single best predictor of adult poverty.

Child poverty also imposes extraordinary economic costs to the state.  A report just issued by the National Academies of Sciences, Engineering, and … (read more)

Panel Urges Albany to Allow Undocumented Immigrants Access to Driver’s Licenses

March 3, 2019. FPI’s Deputy Director, David Dyssegaard Kallick, joined New York State Assemblywoman Catalina Cruz, Christina Goldbaum from the New York Times, Pamela Chomba of FWD.us, Ydanis Rodriguez, NYC Councilman Chairman for the transportation committee, Steve Choi, Executive Director of the New York Immigration Coalition, Jon Lentz, Editor-in-Chief at City & State NY, Zach Ahmad from the New York Civil Liberties Union, Natalia Francisco Lopez of Nobody Leaves Mid-Hudson, and many others in a panel to urge New … (read more)