Housing

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: communications@fiscalpolicy.org, 518-786-3156 (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 hurt families, local communities, and the state. With the state [...]

2024-12-18T12:24:40-05:00April 29th, 2019|Housing, Press Releases, Social Policy|
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The rent is too high! Rochester housing advocates rally for rent reforms

April 11, 2019. This article covered a demonstration highlighting local support for rent regulation by the Rochester Housing Coalition, members of the City-Wide Tenant Union, the Rochester Homeless Union, VOCAL-NY, House of Mercy, and St. Joseph's House of Hospitality participated in the event, which began at the Liberty Pole and ended at the former Hotel Cadillac, where numerous low-income tenants were evicted last year so building owners DHD Ventures could renovate the property. Legislation has been introduced in Albany that strengthen tenant protections  allow cities across the [...]

2024-12-18T12:24:40-05:00April 12th, 2019|FPI in the News, Housing|
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Rod Watson: Report Underscores Need to Mandate Affordable Housing

The analysis from the Fiscal Policy Institute, based on Census Bureau data, looks at affordability in the state’s six largest cities. It shows that 38 percent of Buffalo’s renters spend more than 30 percent of their income on housing, with a quarter of the city’s renters spending more than 40 percent. The federal government sets 30 percent as the upper limit for housing that’s deemed "affordable," meaning more than a third of Buffalo’s residents can’t really afford the rental housing they are living in. That [...]

2024-12-18T12:26:13-05:00April 19th, 2018|FPI in the News, Housing, Social Policy|
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New York’s Rent Affordability Crisis Hits Families of Color the Hardest

The United States and New York are in the midst of an affordable housing crisis. Nearly 11 million American households pay over half of their income in rent despite the fact that the Department of Housing and Urban Development (HUD) defines “affordable housing” as housing costing below 30 percent of a family’s income for rent. If a family pays more than 30 percent of their income on rent, they are considered “rent burdened.” In New York State, the affordable housing crisis is particularly severe, especially [...]

2024-12-18T12:26:14-05:00April 11th, 2018|Blog, Fact Sheets, Housing, Social Policy|
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