Eric Adams

New York City continues to promote cap options homelessness crisis increasingly affordable for low-income New Yorkers, and recently middle income, too. And this time the city administration has just announced an investment of $ 4 million to a pilot project of accessory housing units in the spaces available in buildings such as patios, basements or warehouses.

This was published this week Mayor Eric Adams after making sure the budget item will help homeowners pay expansion of your propertiesas well as generating new apartments for family members or for rent, which will stimulate additional income and generational wealth.

The money available for accessory homes will be used to build independent secondary housing units on the same property as a main home, while creating a “one-stop shop” to add out of bureaucracy to help people interested in the program.

“For our seniors struggling to stay in the neighborhoods they call home, or young people struggling to find a place to live, accessory living units can be a lifeline to sustainable housing , at a reasonable price,” said Mayor Adams, who insists that it is also urgent that the free call “City of Yes” project.which would create nearly 109,000 affordable homes over 15 years.

“For too long, our policies have lived in the past and ignored the present: we are facing a generational housing crisis. The only solution is to build more and make it easier, not harder, for homeowners to join the government in addressing this crisis,” said Adams, who called the accessory housing plan ” proven solution” to create essential housing. “Together, we can build our way to a better future, but that must include saying yes to the ‘Yes City’ and legalize accessory dwelling units.”

The City explained that the pilot program was provides up to $395,000 in funding for qualified homeowners through the Department of Housing and grant funds from New York State Housing and Community Renewal to build or convert accessory living spaces into buildings, thanks to the new funding announced, will allow up to 35 homeowners add or convert to a second home. They will also receive financial and technical assistance.

Beth Finkel, AARP New York State Director, which looks after adults of retirement age, said the news could be a boon to many New Yorkers struggling with the housing shortage in the Big Apple, which particularly affects older adults .

“Many older New Yorkers live on fixed incomes and struggle to pay rent. Without an increase in affordable housing options, it will be difficult for older New Yorkers and their caregivers, whose role it is to help older adults age and live to independent, to live in the city,” said Finkel. “As the city’s population ages, these concerns will likely increase. “Allowing accessory housing units will freedom for senior New Yorkers to downsize, supplement their income, and stay close to loved ones or caregivers.”

Maria Torres-Springer, Deputy Mayor for Housing, Economic Development and Workforceannouncing that provisions such as supportive housing, which is also included in the ‘City of Yes’ plan, would have several benefits for New Yorkers.

“From seniors struggling to age in place to young families struggling to pay their mortgage, adding a small backyard or basement can be life-changing,” she said. We make it easier for homeowners to earn extra income or accommodate multi-generational families.And by providing full government support to homeowners who add a new housing unit to him, “We’ll give New York families even more opportunities to own homes and generate intergenerational wealth.”.

Adolfo Carrión Jr., Commissioner of the Department of Housing Preservation and Development (HPD) of New York City, defending accessory housing as an innovative, safe and smart solution to the housing crisis.

“Our work on ADUs (accessory housing) stands out as a good tool to create more houses in each neighborhood,” said Carrión. “HPD’s pilot loan program supports homeowners to build a few more houses into their home. “Along with new flexibility zoning, pre-approved plans, and a one-stop resource center, these tools will help all New Yorkers, from seniors in place to young adults and families who want to stay in the town “

Data

• An additional $4 million will be invested in the program
• The maximum amount of support for each owner is $395,000
• 35 new owners who join the program will benefit from the money

The lack of inexpensive housing and the rise in the price of lease, which can take impact subsequent October, stays considerations of hundreds of New Yorkers not solely low revenue but in addition center revenue, which is crying out for the implementation of options that assure inexpensive housing.

And though town administration has obtained harsh criticism and assaults from numerous teams that deny that there aren’t any efficient plans scale back the price of housing and rushing up the connection of homeless individuals with everlasting roofs, this Monday Mayor Eric Adams toannounce that, within the final fiscal 12 months, Metropolis companies have totally funded de 28,944 items of public and inexpensive housing, on account of development and conservation initiatives.

Contained in the achievements that the administration Advocating to handle homelessness, the Metropolis ensures that in fiscal 12 months 2024, “the Metropolis will construct the most important variety of homeless supportive housing and flats in historical past,” growing the manufacturing of homeless items by 15% Homeless New Yorkers who stay on the streets, subways and in shelters have been a precedence to assist them connect with secure and everlasting housing, in accordance with the mayor.

Additionally, they guarantee that 9,550 items had been accepted for a brand new housing lot, hooked up to 3,990 homeless households with inexpensive housing and 315 housing tons had been marketed by way of the Housing Join programme. The Division of Housing Preservation and Improvement (HPD) says it exceeded expectations by greater than 40% with 21,159 inexpensive flats.

However, the Division of Social Companies revealed that 16,902 households helped to depart shelters and transfer into everlasting housing throughout fiscal 12 months 2024. Of that quantity,12,526 households had been positioned in everlasting housing backed, 20% greater than fiscal 12 months 2023, with a rise in beneficiary engagement CityFHEPS rental help vouchers.

“For years in a row, our administration has confronted the housing disaster by constructing and connecting extra New Yorkers than ever earlier than with inexpensive housing. These file years are the results of a number of Metropolis companies coming collectively to make sure that all New Yorkers, from those that had been homeless, to households getting ready to poverty, to those that are struggling to make ends meet, on secure and secure housing,” mentioned the native chief, stressing that this achievement has been rising consecutively.

The Mayor took the chance to ask his critics in regards to the referred to as the ‘Metropolis of Sure’ plan, an initiative accepted by the Metropolis Council, which is presently below investigation by the Metropolis Planning Division, which seeks to create almost 109,000 new properties, will assist them. Adams acknowledged that extra items are urgently wanted to higher handle the homelessness disaster.

“Whereas we rejoice our progress in the present day, tomorrow we return to work and intention even increased.” That’s one other instrument we have to ship the greater than 108,000 new properties our metropolis wants and deserves over the following 15 years.” mentioned the Warden. “At present, I’m asking all of our companions in authorities to return collectively and say ‘sure’ to assist town get out of this disaster.”

The municipal administration added as town faces a generational housing scarcity and years-long value disaster, the Metropolis has additionally transformed 3,678 New York Metropolis Housing Authority (NYCHA) flats into renovated residences.

“As New Yorkers proceed to face unprecedented housing demand, our dedication to creating high quality, inexpensive and inexpensive housing stays unwavering,” mentioned the Prof. New York Metropolis Division of Housing Preservation and Improvement (HPD) Commissioner Adolfo Carrion Jr. “At present’s announcement demonstrates our efficient efforts to handle that problem with innovation, creativity and compassion.

Rising rents have exacerbated the housing disaster. Photograph by Edwin Martinez

Director of the New York Metropolis Division of Planning (DCP), Dan Garodnick, which, along with the board of that group, should determine whether or not they need to adjust to the creation of greater than 108,000 housing items with the “Metropolis of Sure” mission, or whether or not modifications must be made, warning that the rise in lease, accepted one after the opposite in the course of the Adams administration, towards earlier years, once they had been even frozen, the disaster worsened.

“New Yorkers really feel the consequences of our housing disaster daily, with rising rents and restricted funding making it tough for residents to remain of their properties and communities. “That’s the reason we’re working to handle this disaster by making most investments in inexpensive housing and shifting ahead with essentially the most appropriate zoning proposal for housing in New York Metropolis historical past,” the official mentioned. “By working throughout authorities, we will create the properties New Yorkers want and guarantee inexpensive housing choices in each neighborhood.”

Information

• 8,944 extra public and inexpensive housing items promoted by the Metropolis in 2024
• Manufacturing and items for the homeless elevated by 15%
• 9,550 items for a brand new housing lot had been accepted
• 3,990 homeless households had been linked to inexpensive housing
• 12,526 households had been positioned in everlasting backed housing

Each time that fewer unemployed Latinos within the Huge Apple, and within the final two years the unemployment price was among the many Hispanic inhabitants actively working dropped from 9.1% to six.5%, with the creation of extra jobs in industries reminiscent of development, the place a big portion of the workforce is Latino.

This was revealed this Tuesday Mayor Eric Adams who delivered the excellent news with financial information that on the identical time exhibits a big discount in unemployment for black New Yorkers, whose unemployment charges had gone from 10.7% to 7.3%.

“The info is evident: New York Metropolis is not only going again to what it was earlier than, we’re going again,” he mentioned. Mayor Adamsdesires the Huge Apple right now the very best variety of jobs ever seen. “Now we have extra jobs and extra small companies than ever in our metropolis’s historical past, and Black and Latino unemployment is about 30 % decrease than after we took workplace. That is tens of 1000’s of hardworking New Yorkers who’re in a position to assist themselves and their households. However, we can’t cease there – we can’t cease creating alternatives for New Yorkers to succeed. “

Andrew Kimball, president and CEO of the Metropolis’s Financial Improvement Company of New York (NYCEDC), that the progress made by New York Metropolis in reactivating and producing jobs after the ravages attributable to the pandemic can’t be overstated, and famous that issues are on the -right means for communities just like the Hispanic. one.

“The outcomes communicate for themselves: the very best variety of whole and personal sector jobs, the very best labor drive participation price, and the very best variety of small companies. “We’re more than happy to see actual progress in decreasing the unemployment price of Black and Latino individuals and we are going to proceed to concentrate on working with the mayor on transformative initiatives,” mentioned the manager. “We generate high-growth, high-wage jobs from Willets Level in Queens to the North Shore of Staten Island, from Hunts Level within the Bronx to the Brooklyn Marine Terminal, and from SPARC Kips Bay in Manhattan to Broadway Junction in Brooklyn.”

The Metropolis’s Deputy Mayor for Housing, Financial Improvement and Workforce, Maria Torres-Spring He mentioned with nice fanfare that unemployment has reached the very best ranges within the metropolis, which helps entire households to higher meet their fundamental wants.

“The New York Metropolis financial system is robust and getting stronger each month, with June setting highs for whole jobs, non-public sector jobs, labor drive participation, and the bottom unemployment price since mid 2022,” the official mentioned. “Importantly, we see this progress mirrored within the information for Black and Latino New Yorkers and it exhibits how the Adams administration has centered, and the way which is able to hold them centered, on constructing a good, resilient and inclusive financial system.”

And though the town administration highlighted the info and reiterated that they’ve promoted varied applications and invested tons of of thousands and thousands of {dollars} within the creation of fine jobs in the private and non-private sectors, together with positions everlasting and short-term in development, which is able to generate greater than $ 100. thousand million in the long run in addition to well-paid job alternatives, no everybody has a smile from ear to ear.

Such is the case of the Colombians Fernando Rivera who works as a busboy in two Manhattan eating places, and mentioned that regardless of working, he needed to see “the inexperienced ones and the mature ones” because of the discount in actions his job and his earnings.

“I am not saying it is not true that there aren’t extra jobs, perhaps there are, however the issue is for people who find themselves solely in development within the bar and restaurant trade, that issues are getting tougher and tougher. I used to make about $1,000 per week working 5 shifts per week, now I do not even make $500 they usually hold chopping me off“mentioned the daddy of the household.

The Latino employee known as on metropolis authorities to advertise plans that can make extra clients go to eating places or promote incentives for individuals who make a residing in that enterprise.

“Ideas are getting smaller and smaller, and with fewer job strikes, one can say that one is employed however It’s half a job. They should do one thing to make this higher. It isn’t nearly displaying numbers,” mentioned the immigrant.

Information

• The present unemployment price amongst Latinos in NYC is 6.5%
• The height was 9.1% in 2022
• The present black unemployment price in NYC is 7.3%
• The speed in 2022 amongst that inhabitants was 10.7%
• There may be 0.8% extra unemployment amongst blacks than amongst Latinos