Public Hearing - February 27, 2025

                                                                       1

 1  BEFORE THE NEW YORK STATE SENATE FINANCE
    AND ASSEMBLY WAYS AND MEANS COMMITTEES
 2  ------------------------------------------------------

 3          JOINT LEGISLATIVE HEARING

 4             In the Matter of the
            2025-2026 EXECUTIVE BUDGET
 5                  ON HOUSING
    
 6  ------------------------------------------------------

 7                              Hearing Room B
                                Legislative Office Building
 8                             Albany, NY
    
 9                             February 27, 2025
                               12:14 p.m.  
10  

11   PRESIDING:

12           Assemblyman J. Gary Pretlow
             Chair, Assembly Ways & Means Committee
13  
             Senator Liz Krueger
14           Chair, Senate Finance Committee 
    
15  PRESENT:

16           Assemblyman Edward P. Ra 
             Assembly Ways & Means Committee (RM)
17  
             Senator Thomas O'Mara
18           Senate Finance Committee (RM)
    
19           Assemblywoman Linda B. Rosenthal 
             Chair, Assembly Housing Committee
20  
             Senator Brian Kavanagh 
21           Chair, Senate Housing Committee 
    
22           Senator Pamela Helming
    
23           Senator Rachel May
    
24           Assemblyman Edward C. Braunstein
    

                                                                   2

 1  2025-2026 Executive Budget
    Housing
 2  2-27-25
    
 3  PRESENT:  (Continued)
    
 4            Senator Jabari Brisport
    
 5            Senator Robert Jackson
    
 6            Assemblywoman Dr. Anna R. Kelles
    
 7            Assemblyman Demond Meeks
    
 8            Assemblyman Chris Burdick
    
 9            Senator Cordell Cleare
    
10            Assemblywoman Grace Lee
    
11            Assemblywoman Dana Levenberg
    
12            Assemblyman Brian Manktelow
    
13            Senator Shelley B. Mayer
    
14            Assemblywoman Monique Chandler-Waterman
    
15            Assemblywoman Nikki Lucas
    
16            Assemblyman Steven Otis
    
17            Assemblywoman Chantel Jackson
    
18            Assemblywoman Emérita Torres
    
19            Senator Mark Walczyk
    
20            Assemblyman Michael Novakhov
    
21            Assemblyman Lester Chang
    
22  
    
23  
    
24  
    

                                                                   3

 1  2025-2026 Executive Budget
    Housing
 2  2-27-25
    
 3                     LIST OF SPEAKERS
    
 4                                       STATEMENT   QUESTIONS
    
 5  RuthAnne Visnauskas
    Commissioner & CEO
 6  New York State Homes and 
     Community Renewal                       10           16
 7  
    Jolie Milstein
 8  President and CEO
    NYS Association for 
 9   Affordable Housing
         -and-
10  William J. Simmons
    President
11  NYS Public Housing Authority
     Directors Association
12       -and-
    Erin Burns-Maine
13  Senior VP of Policy and
     Government Affairs
14  Community Preservation Corporation
         -and-
15  Mark Streb
    Executive Director
16  Neighborhood Preservation
     Coalition of NYS                       160        174
17  
    Rosalind Black
18  Citywide Housing Director
    Legal Services NYC                      217        221
19  
    
20

21

22

23

24


                                                                   4

 1  2025-2026 Executive Budget
    Housing
 2  2-27-25
    
 3                     LIST OF SPEAKERS, Cont.  
    
 4                                       STATEMENT   QUESTIONS
    
 5  Shakti Robbins-Cubas 
    Senior Policy Analyst 
 6  New York Housing Conference
         -and-
 7  Michael Barrett
    CEO 
 8  Habitat for Humanity of NYS
         -and-
 9  Bria Donohue
    Government Affairs Manager
10  American Institute of Architects
     New York
11       -and-
    Annemarie Gray
12  Executive Director
    Open New York                            
13       -and-
    Emily Goldstein
14  Director of Organizing and
     Advocacy
15  Association for 
     Neighborhood and Housing 
16   Development (ANHD)                     240        257
    
17  

18

19

20

21

22

23

24


                                                                   5

 1  2025-2026 Executive Budget
    Housing
 2  2-27-25
    
 3                     LIST OF SPEAKERS, Cont.  
    
 4                                       STATEMENT   QUESTIONS
    
 5  Rebekah Meyer
    Operational Manager
 6  Rochester-Monroe Anti-Poverty
     Initiative
 7       -and-
    Patrick Boyle
 8  Senior Director
    Enterprise Community Partners
 9       -and-
    Rashida Taylor
10  Project Manager
    Interfaith Affordable Housing
11   Collaborative and 
     Partnership for
12   Faith-Based Housing and
     Community Development                    275       286
13  
    Michael Borges
14  Executive Director 
    Rural Housing Coalition 
15   of New York
         -and-
16  April Ramadhan
    Director
17  New York State Rural
     Advocates                                294       301                                                                
18  
    
19

20

21

22

23

24


                                                                   6

 1  2025-2026 Executive Budget
    Housing
 2  2-27-25
    
 3                     LIST OF SPEAKERS, Cont.  
    
 4                                       STATEMENT   QUESTIONS
    
 5  Chris Mann
    AVP, Policy and Advocacy
 6  Win New York City
         -and-
 7  Eustacia Smith
    Director of Advocacy
 8  West Side Federation for
     Senior and Supportive 
 9   Housing
         -and-
10  Annalyse Komoroske Denio
    housing policy analyst
11  LeadingAge New York
         -on behalf of-
12  Selfhelp Community Services
         -and-
13  Bebhinn Francis
    Organizer 
14  National Union of the
     Homeless, Albany Chapter 
15       -and-
    Tracie Adams
16  Leader
    VOCAL-NY                                    305     322
17  
    Chelsea Diaz
18  Skadden Fellow
    New Economy Project
19       -and-
    Jared Young
20  Community Organizer 
    Housing Conservation 
21   Coordinators (HCC)
         -and-
22  Julian Morales
    Organizing and 
23   Advocacy Manager
    Fifth Avenue Committee                     334     344
24  


                                                                   7

 1                  CHAIRMAN PRETLOW:  Good afternoon.  

 2                  I'm Gary Pretlow, chair of the 

 3           New York State Assembly Ways and Means 

 4           Committee.  

 5                  Today is the 14th and final in a 

 6           series of hearings conducted by the joint 

 7           fiscal committees of the Legislature 

 8           regarding the Governor's proposed budget for 

 9           fiscal year '25-'26.  These hearings are 

10           conducted pursuant to the New York State 

11           Constitution and the Legislative Law.

12                  Today the Assembly Ways and Means 

13           Committee and the Senate Finance Committee 

14           will hear testimony concerning the Governor's 

15           budget proposal for Housing.

16                  I will now ask my Senate counterpart 

17           to introduce her members, since I've not been 

18           given a list of my members yet.

19                  CHAIRWOMAN KRUEGER:  Okay.  I see 

20           Senator Brian Kavanagh, our Housing chair; 

21           Senator Brisport; Senator Cleare; 

22           Senator Mayer; Senator Jackson; Senator May.  

23                  And in the absence of Tom O'Mara, I 

24           will allow Senator Helming to introduce the 


                                                                   8

 1           Republicans.

 2                  SENATOR HELMING:  Thank you, 

 3           Senator Krueger.  

 4                  Joining me is Senator Mark Walczyk.

 5                  CHAIRWOMAN KRUEGER:  I think that 

 6           covers the Senate.

 7                  CHAIRMAN PRETLOW:  And we have the 

 8           chair of the Housing Committee, 

 9           Assemblywoman Rosenthal.  We have with us 

10           Assemblypeople Burdick, Jackson, Lee, 

11           Levenberg, Meeks, Torres, Braunstein and 

12           Assemblyman Otis.

13                  And Assemblyman Ra will introduce his 

14           members.

15                  ASSEMBLYMAN RA:  Good afternoon.  We 

16           have with us our ranker on Housing, 

17           Assemblyman Novakhov, as well as 

18           Assemblymembers Chang and Manktelow.

19                  CHAIRMAN PRETLOW:  Okay, have to do 

20           the legal stuff.  

21                  These hearings are conducted pursuant 

22           to the New York State Constitution and the 

23           Legislative Law.  Today the Assembly Ways and 

24           Means Committee -- oh, I did that.


                                                                   9

 1                  CHAIRWOMAN KRUEGER:  That's okay.

 2                  CHAIRMAN PRETLOW:  It's been a late 

 3           night last night.  We were here till -- we 

 4           did a 12-hour day.

 5                  Time limits.  Governmental witnesses 

 6           have 10 minutes for their testimony, and the 

 7           chairs of the relevant committees have 

 8           10 minutes for questioning.  All other 

 9           members of the relevant committees have 

10           three minutes.

11                  I want to call everyone's attention to 

12           the clocks that are visible to both members 

13           and testifiers.  Those clocks are going to be 

14           strictly enforced.  When you see the yellow 

15           light flashing, that means there's 30 seconds 

16           left on your time.  Please sum up your 

17           question -- or if you're answering the 

18           question, please rush through it.  If you're 

19           asking a question, you're not going to get an 

20           answer if you don't finish before the buzzer 

21           goes off.

22                  With that, I want to start this 

23           hearing with our commissioner -- (pause).  

24                  COMMISSIONER VISNAUSKAS:  Hi, good 


                                                                   10

 1           afternoon.

 2                  CHAIRMAN PRETLOW:  Oh, okay.  I was 

 3           going to give your name, but go for it.

 4                  COMMISSIONER VISNAUSKAS:  Oh, sure.  

 5           Sorry.  

 6                  Good afternoon, Chairs Krueger and 

 7           Pretlow and members of the Legislature.  I am 

 8           RuthAnne Visnauskas, commissioner and CEO of 

 9           New York State Homes and Community Renewal, 

10           and it's an honor to testify today on 

11           Governor Hochul's 2025-2026 Executive Budget.  

12                  As we continue to address the housing 

13           crisis in New York State, Governor Hochul has 

14           once again put forth a series of proposals 

15           that demonstrate her commitment to addressing 

16           this problem and giving more New Yorkers the 

17           chance to succeed and to concentrate on doing 

18           more than just making ends meet.  

19                  This year's proposals build upon last 

20           year's momentous achievements when we passed 

21           a budget and a package of reforms that 

22           included new property tax incentives to 

23           stimulate housing production across the 

24           state; $500 million to build up to 15,000 


                                                                   11

 1           homes on state-owned land; and an enhanced 

 2           Pro-Housing Communities Program to help 

 3           ensure municipalities that share our housing 

 4           goals were given exclusive access to more 

 5           than $600 million in state discretionary 

 6           funding.  

 7                  And in New York City -- even before 

 8           they became the "City of Yes" -- the state's 

 9           efforts to spur affordable housing 

10           development in the five boroughs were boosted 

11           by last year's budget.  This included 

12           approval of the 421-a extension, which 

13           resulted in 71,000 units in stalled projects 

14           applying for the benefit, and creation of the 

15           new 485-x property tax abatement.  

16                  Before I get into the details of the 

17           Governor's 2026 plan, I want to provide 

18           updates on some of HCR's programs that 

19           address the need for housing and community 

20           investment.  

21                  I'm pleased to report that the 

22           Governor's five-year Housing Plan has 

23           surpassed the halfway point:  We've created 

24           and preserved more 55,000 affordable homes 


                                                                   12

 1           toward our goal of 100,000.  Included in this 

 2           number are 4,200 homes with support services 

 3           so that vulnerable individuals can live 

 4           independently.  It also includes 5,700 

 5           mortgages that we made to first-time 

 6           low-income homebuyers.

 7                  We made our first awards under the 

 8           Vacant Rental Improvement Program, which will 

 9           provide $40 million to help restore vacant 

10           units and underutilized buildings into 

11           affordable housing outside of New York City.  

12                  We expanded our Resilient Retrofit 

13           Program by making an additional $17 million 

14           available to homeowners so they could make 

15           proactive flood mitigation and 

16           energy-efficiency improvements.  This nearly 

17           doubled the program's initial $10 million 

18           allocation as part of our pilot in 2023.  

19                  And as of today, our Pro-Housing 

20           Communities Program includes 277 certified 

21           municipalities across the state.  Last month 

22           the Governor announced more than $100 million 

23           in state investments for projects located in 

24           certified Pro-Housing Communities, part of a 


                                                                   13

 1           total $123 million allocated through the 

 2           latest round of the state's Regional Economic 

 3           Development Council initiatives.  

 4                  Thanks to you and our partners, I 

 5           could spend a significant amount of my time 

 6           allotted here celebrating what we've 

 7           accomplished over the past year, and I'm  

 8           proud to talk about that.  But for today, 

 9           I'll put the focus on looking forward and how 

10           to keep up our momentum.  

11                  Governor Hochul's 2026 budget 

12           proposals build upon her commitment to 

13           increase affordability by addressing the 

14           housing shortage.  She is proposing new tax 

15           incentives to put homeownership opportunities 

16           within reach of many more people and taking 

17           strong actions to increase housing security 

18           and ensure affordability for more 

19           New Yorkers.  

20                  Embedded within the Governor's budget 

21           are creative new ideas to spur home 

22           developments, including additional funding 

23           for Pro-Housing Communities; new models to 

24           drive down costs in home construction; and 


                                                                   14

 1           down-payment assistance for first-time 

 2           homebuyers.  

 3                  I'm excited about enabling more 

 4           development upstate with a new revolving-loan 

 5           fund for mixed-income rental housing, and 

 6           expanding the availability of the state 

 7           Low Income Housing Tax Credit to help us fund 

 8           thousands of additional homes.  

 9                  To protect New Yorkers from economic 

10           abuse, we're proposing legislation to ban 

11           rent-fixing collusion; we're extending 

12           security deposit protections to 

13           rent-regulated tenants; we're reducing the 

14           tax burden for Mitchell-Lamas; promoting 

15           reduced insurance costs for affordable 

16           housing landlords; and expanding programs 

17           that help homeowners impacted by storms.  

18                  And we must ensure that homes for sale 

19           will be available for everyday New Yorkers.  

20           Owning a home has long been the foundation of 

21           the American dream -- providing stability, 

22           opportunity and the chance to build a better 

23           future for generations -- but for too many 

24           people that dream is out of reach.  


                                                                   15

 1                  We've seen examples of large investors 

 2           making instant cash offers that take homes 

 3           off the market before anyone else has a 

 4           chance to even bid.  The Governor's proposals 

 5           will level the playing field by instituting a 

 6           75-day waiting period before institutional 

 7           investors can make offers to buy one- and 

 8           two-family homes.  

 9                  I believe we're primed for growth and 

10           prepared to battle the headwinds to come. 

11           People are feeling very anxious about what 

12           lies ahead, and I want to assure the members 

13           of this committee that despite the 

14           turbulence, we are not making changes to our 

15           day-to-day services and operations or 

16           abandoning our work.  

17                  Should any federal action impact our 

18           vital mission, we will take our cues from the 

19           Governor and the Attorney General.  They are 

20           front and center defending New York's funding 

21           streams, our laws, and our programs.  

22                  In closing, I can confidently say that 

23           the Governor's initiatives, as expressed in 

24           her Executive Budget, cover our next- 


                                                                   16

 1           generation ideas for meeting the housing 

 2           needs of New Yorkers.  I'm fortunate to 

 3           travel the State listening to what 

 4           New Yorkers have to say, attending meetings, 

 5           seeing our work firsthand, and best of all, 

 6           welcoming people to their new homes.  Each 

 7           encounter makes such an indelible impression, 

 8           and I take heart in all that we continue to 

 9           accomplish.  

10                  I'm grateful to work with a Governor, 

11           a team at HCR, and members of the Legislature 

12           who recognize that housing is a basic human 

13           right.  By continuing to work together, we 

14           can transform lives by increasing the supply 

15           of quality homes, developing new pathways to 

16           homeownership, and investing in the types of 

17           programs that benefit individuals, families, 

18           and entire communities far into the future.  

19                  Thank you, and I'm ready to take your 

20           questions.  

21                  CHAIRMAN PRETLOW:  Thank you, 

22           Madam Commissioner.  Four minutes left on 

23           your time; I'm impressed.

24                  Assemblywoman Linda Rosenthal, for 


                                                                   17

 1           10 minutes.

 2                  ASSEMBLYWOMAN ROSENTHAL:  Thank you.  

 3           Maybe I can have those extra four minutes.

 4                  (Laughter.)

 5                  CHAIRMAN PRETLOW:  No.

 6                  (Laughter.)

 7                  ASSEMBLYWOMAN ROSENTHAL:  You know, 

 8           first-time chair, full of power.  Thank you, 

 9           Assemblymember Pretlow.  

10                  And good to see you, Commissioner.

11                  COMMISSIONER VISNAUSKAS:  Thanks.

12                  ASSEMBLYWOMAN ROSENTHAL:  So I have 

13           many questions, and I only have 10 minutes.  

14           So hopefully we can have a good dialogue.  

15                  At the last hearing, last year, I 

16           inquired about staff hiring for upstate 

17           New York TPUs.  And I know there were staff 

18           lines in the budget last year.  Can you 

19           elaborate on -- are there like six TPU 

20           offices?  Or what the status is, outside the 

21           city.

22                  COMMISSIONER VISNAUSKAS:  Sure.  I'm 

23           actually happy to say we also have a new head 

24           of the TPU division.  Our prior head left, 


                                                                   18

 1           and we recently had someone start about two 

 2           weeks ago who came from Brooklyn Legal 

 3           Services, and we're very excited to have new 

 4           leadership at TPU.

 5                  ASSEMBLYWOMAN ROSENTHAL:  And what's 

 6           the name?

 7                  COMMISSIONER VISNAUSKAS:  Her name is 

 8           Jooyeon Lee.  

 9                  We are -- per your question about sort 

10           of upstate, we are opening an office in 

11           Poughkeepsie.  We secured some space there.  

12           We have been having staff go up there and 

13           work both from ORA and TPU with communities 

14           up in that area.  

15                  But obviously having the office space 

16           there will make that happen even more.  Now 

17           that we have an office space, we will hire a 

18           director that will be based up there.  But 

19           we've just been having staff go up there very 

20           frequently to do the work that needs to be 

21           done.

22                  ASSEMBLYWOMAN ROSENTHAL:  Okay.  And 

23           other offices, like any others across the 

24           state?  


                                                                   19

 1                  COMMISSIONER VISNAUSKAS:  No, the 

 2           office in Poughkeepsie will cover all the 

 3           communities surrounding --

 4                  ASSEMBLYWOMAN ROSENTHAL:  So Buffalo, 

 5           for example?  

 6                  COMMISSIONER VISNAUSKAS:  We do not 

 7           have an office in Buffalo, no. 

 8                  ASSEMBLYWOMAN ROSENTHAL:  No, no, no, 

 9           I'm saying if people have questions and need 

10           help in Buffalo.  They would just call -- 

11                  COMMISSIONER VISNAUSKAS:  I'm sorry, 

12           we do have a -- HCR has a Buffalo office, 

13           yes.  And we have a Syracuse office and an 

14           Albany office. 

15                  ASSEMBLYWOMAN ROSENTHAL:  Okay.  Well, 

16           that's good to hear.  

17                  Last year HPD distributed 

18           $18.3 million in LIHTC over 11 projects to 

19           create 875 units.  Is there any way to 

20           forecast what steps we can take to manage the 

21           potential lack of funding on just that LIHTC 

22           for next year?

23                  COMMISSIONER VISNAUSKAS:  Sure.  

24           Sorry, the stats you gave, did you say they 


                                                                   20

 1           were for HPD?

 2                  ASSEMBLYWOMAN ROSENTHAL:  It was HPD 

 3           distributed 18.3 million last year.

 4                  COMMISSIONER VISNAUSKAS:  Sure.  So we 

 5           get --

 6                  ASSEMBLYWOMAN ROSENTHAL:  And also 

 7           what's in the budget.

 8                  COMMISSIONER VISNAUSKAS:  Sure, yes.  

 9                  So as the state we receive around 

10           $45 million in 9 percent Low Income Housing 

11           Tax Credit allocation to the state, and we 

12           suballocate to the city, and the HPD takes 

13           that portion, as you just mentioned.  

14                  And then we run a process to 

15           distribute the rest throughout the State of 

16           New York.  We're actually just about 30 days 

17           away or so from making the awards that we'll 

18           make through our portion of those funds.

19                  ASSEMBLYWOMAN ROSENTHAL:  Okay.  In 

20           terms of Mitchell-Lamas, the Governor's 

21           budget includes a reduction to just 

22           5 percent for shelter rent tax.  Can you tell 

23           us a breakdown of Mitchell-Lama developments 

24           based on the tax exemption level they 


                                                                   21

 1           receive?  And I don't expect you to recite 

 2           it, but that would be interesting to see.

 3                  COMMISSIONER VISNAUSKAS:  Sure.  So 

 4           there are about -- and you can tell me if 

 5           this is what you're looking for.  But there's 

 6           about 200 Mitchell-Lamas in the state that 

 7           are -- have supervised -- both New York City 

 8           and New York State have supervisory 

 9           responsibility over them.

10                  There are -- I think about 160 of them 

11           have Article 2 or Article 4 tax exemptions.  

12           Otherwise, many Mitchell-Lamas -- a subset of 

13           them have separate tax exemptions.  So this 

14           proposal, which we're very excited about, to 

15           reduce the shelter rent from 10 to 5 would 

16           impact over 160 Mitchell-Lamas.  That's if 

17           it's adopted by the localities.  

18                  ASSEMBLYWOMAN ROSENTHAL:  Okay.  And 

19           I'll send you more extensive questions about 

20           Mitchell-Lamas.  

21                  But we know that, you know, a lot of 

22           them are in precarious, I'd say, financial 

23           conditions.  So what do you think about the 

24           state investing more money in trying to 


                                                                   22

 1           stabilize them so they don't turn into 

 2           public-housing type where they're built and 

 3           then people walk away and then they 

 4           deteriorate and then we are in trouble?

 5                  COMMISSIONER VISNAUSKAS:  We care very 

 6           deeply about our Mitchell-Lama stock, as I 

 7           know that you do, and as I said are very 

 8           excited about actually the tax exemption 

 9           relieving pressure on both maintenance and 

10           rent increases for those buildings.

11                  We also, through our joint efforts in 

12           our five-year Housing Plan, invest 50 to 

13           $100 million of capital each year into 

14           Mitchell-Lamas.  We work with sort of a 

15           series of them each year, having them do 

16           physical needs assessments and making sure 

17           that we can provide funding for large capital 

18           investments that they need to do to -- 

19           exactly as you say, to make sure they can 

20           maintain their buildings up to the quality 

21           standards that we want them to.  

22                  So we look forward to continuing to do 

23           that work.

24                  ASSEMBLYWOMAN ROSENTHAL:  Okay.  Last 


                                                                   23

 1           year's budget included language allowing 

 2           landlords to claim larger IAIs.  Have any 

 3           applied for above-30,000 IAIs?  And where 

 4           would those be?  

 5                  COMMISSIONER VISNAUSKAS:  We opened up 

 6           that program in October of last year so 

 7           landlords could start the application 

 8           process.  We've received a few hundred 

 9           applications, which is --

10                  ASSEMBLYWOMAN ROSENTHAL:  A few 

11           hundred?

12                  COMMISSIONER VISNAUSKAS:  Mm-hmm.  

13           Which is about on track for where we were 

14           sort of historically with IAIs.

15                  ASSEMBLYWOMAN ROSENTHAL:  And were 

16           they all approved or you're still going 

17           through them, or how is that working?

18                  COMMISSIONER VISNAUSKAS:  No, 

19           they're -- they're -- these would just be the 

20           applications that have been submitted.

21                  ASSEMBLYWOMAN ROSENTHAL:  Okay.  For 

22           the -- okay, so we imposed a hefty fine on 

23           landlords and building owners that did not do 

24           their yearly registration of rent-regulated 


                                                                   24

 1           apartments.  So from what I understand, 

 2           that's been wildly successful.  

 3                  And I wonder if you'd describe the 

 4           difference between last year and this year, 

 5           et cetera, in terms of registrations of 

 6           stabilized apartments.

 7                  COMMISSIONER VISNAUSKAS:  Yes.  Would 

 8           certainly thank the Legislature for that 

 9           increased enforcement power that we had.  

10                  We saw many more on-time registrations 

11           than we had in previous years.  And also 

12           recently we launched a sort of dashboard 

13           that's now sort of an online tool that people 

14           can see the registrations.  And previously 

15           people could just register a year or two or 

16           three years late, and so the fine really 

17           helped us to get 100,000 or 200,000 more 

18           apartments to be able to be -- to register 

19           on-time, which is great.

20                  ASSEMBLYWOMAN ROSENTHAL:  And what -- 

21           so what will happen if they don't right now?

22                  COMMISSIONER VISNAUSKAS:  There have 

23           been some that have not, and we have levied 

24           fines and are going through that process.  


                                                                   25

 1           And that will continue to be a process as 

 2           people don't register year over year.

 3                  ASSEMBLYWOMAN ROSENTHAL:  And can you 

 4           estimate from that or from any other source 

 5           how many vacant apartments -- because I 

 6           continue to hear that there are vacant 

 7           apartments.

 8                  COMMISSIONER VISNAUSKAS:  Yes, there 

 9           absolutely are vacant apartments in the 

10           stock.  Right?  There are about a million 

11           regulated apartments in the City of New York.

12                  We see, through our data, landlords 

13           register the status of the apartment as of 

14           April 1st each year, vacant or occupied, and 

15           we see in the data that the level of vacant 

16           apartments on April 1st of this year is back 

17           to what we would say would be historic norms 

18           from prior to the pandemic.  

19                  There was a little bit of a spike in 

20           the pandemic over reported vacancies, but we 

21           are back now to the same level of vacancy in 

22           the system that we've had historically.

23                  ASSEMBLYWOMAN ROSENTHAL:  Can you 

24           extrapolate from this year's registration 


                                                                   26

 1           that an apartment that is listed as 

 2           rent-stabilized was not registered for the 

 3           past, let's say, four or five years?  And why 

 4           that was, and are there actions that HCR can 

 5           take to say:  Wait a minute, if you didn't 

 6           register it, maybe you were charging a market 

 7           rate, which you shouldn't have.

 8                  COMMISSIONER VISNAUSKAS:  What we saw 

 9           more in the data was that as people 

10           registered for this year, if they had missed 

11           last year, they went back and registered last 

12           year, not really gaps in registration but 

13           catching up in that registration.  

14                  So the tool I think helped us both to 

15           get people to register on-time and also, if 

16           they had had a lag from the prior year, they 

17           did both.

18                  ASSEMBLYWOMAN ROSENTHAL:  And what 

19           about more than one year?  

20                  COMMISSIONER VISNAUSKAS:  The same.  

21           You know, we had people, I think, who caught 

22           up.  But we -- so I think it encouraged 

23           people to fix their registrations year over 

24           year.


                                                                   27

 1                  ASSEMBLYWOMAN ROSENTHAL:  Mm-hmm.  But 

 2           maybe we can see -- could DHCR check what the 

 3           rent is?  Because perhaps during those 

 4           unregistered years the rent was higher than 

 5           it should have been.

 6                  COMMISSIONER VISNAUSKAS:  Most 

 7           certainly, as you know, the TPU unit looks at 

 8           the registration data and uses that as a 

 9           resource to look for anomalies or 

10           inconsistencies in registration, and then 

11           investigates those.  So for sure.

12                  ASSEMBLYWOMAN ROSENTHAL:  Okay.  I'll 

13           ask you a question that's on everybody's 

14           minds in terms of every area.  

15                  In the event that HUD no longer 

16           administers project-based, Section 8, any 

17           kind of Section 8 vouchers, any kind of help 

18           in terms of subsidies, grants -- and I know 

19           you mentioned in your testimony you will take 

20           the lead of the Governor, et cetera.  

21                  But how can DHCR tell people out there 

22           "Don't worry, you won't be kicked out on the 

23           street if the federal government ceases to 

24           perform its duties"?  


                                                                   28

 1                  COMMISSIONER VISNAUSKAS:  Certainly, 

 2           in addition to our day jobs -- I'm sure it's 

 3           for all of you as well -- we spend an 

 4           enormous amount of time planning for 

 5           large-scale changes at the federal level in 

 6           HUD and in other agencies where we receive -- 

 7           from which we receive resources.  

 8                  There is no great answer to if the HUD 

 9           ceases to exist or the programs go away.  

10           These are -- the Section 8 program, for 

11           example, right, has been in existence since 

12           1978 and it covers a large number of people 

13           in the State of New York.  And we would rely 

14           on the federal government to continue to fund 

15           that program.

16                  CHAIRMAN PRETLOW:  Thank you, Madam 

17           Commissioner.  

18                  ASSEMBLYWOMAN ROSENTHAL:  Thank you.

19                  CHAIRWOMAN KRUEGER:  Thank you.  

20                  Housing Chair Senator Brian Kavanagh, 

21           10 minutes.

22                  SENATOR KAVANAGH:  (Mic off.)  There 

23           we go.  Thank you.  

24                  It's great to have you here today.  


                                                                   29

 1           Thank you for your testimony.

 2                  I'm just going to ask a few -- a lot 

 3           of colleagues here you'll get, I think, a lot 

 4           of detailed questions about a lot of these 

 5           items.  I'm just going to ask a few kind of, 

 6           I don't know, overview questions about the 

 7           budget to start.  

 8                  First, the biggest item -- it's 

 9           mentioned in your testimony, the biggest 

10           item, the biggest new item in housing is the 

11           City of Yes.  It's 1.025 billion dollars of 

12           capital to support activities in New York 

13           City.  That was announced around the approval 

14           of the City of Yes by the Mayor and the 

15           City Council.  

16                  Can you just talk a little bit about 

17           sort of plans for that?  You know, there are 

18           a couple of broad categories that are 

19           mentioned in the budget that it would be used 

20           for.  Just can you talk a little bit about 

21           how -- the expectations that that will be 

22           used?  

23                  COMMISSIONER VISNAUSKAS:  Yes.  We're 

24           very excited to be able to have additional 


                                                                   30

 1           resources to invest in the City of New York.  

 2           The demand is great and the need is great.  

 3                  As we sort of outlined in the 

 4           appropriation language, we would predict that 

 5           we would work closely with the City of 

 6           New York to fund new construction rental, 

 7           home ownership, preservation of existing 

 8           housing, Mitchell-Lama, public housing, 

 9           really sort of what is essentially the suite 

10           of things that we often are funding in 

11           New York City.  And we will work closely with 

12           the city on their priorities to get that 

13           money out the door and into buildings.

14                  SENATOR KAVANAGH:  And do you expect 

15           that those conversations will come to some 

16           fruition during the course of our state 

17           budget process, or is it that sort of 

18           deciding how to divide that money up would be 

19           something subsequent, later in the year?  

20                  COMMISSIONER VISNAUSKAS:  Well, I 

21           can't divine what will happen in the rest of 

22           the budget process, but I would say that we 

23           work very closely with the City of New York 

24           on sort of their priorities and funding 


                                                                   31

 1           priorities.  

 2                  So I don't think -- how that sort of 

 3           funding source works out, we will really just 

 4           take it upon us to make sure it gets out the 

 5           door and spent.

 6                  SENATOR KAVANAGH:  Okay, great.

 7                  Another item that's new is a 

 8           significant commitment to a mixed-income 

 9           revolving loan fund.  Can you just describe a 

10           little bit about how that works, what the 

11           criteria would be for accessing that money?

12                  COMMISSIONER VISNAUSKAS:  Yes.  So 

13           we've heard from sort of going around the 

14           state and talking to people that there are a 

15           lot of projects that don't pencil out that 

16           are mixed -- there's a lot of mixed-income 

17           rental, a lot of rental projects, because 

18           interest rates are high and the capital needs 

19           are really great and capital's very -- 

20           equity's very expensive.  

21                  And so in order to sort of unlock what 

22           we think is sort of stalled development that 

23           would help the housing supply and also ease 

24           what -- the housing sort of crisis around the 


                                                                   32

 1           state, we proposed what would be a 

 2           construction loan, sort of second a mortgage 

 3           that would allow projects that aren't 

 4           penciling out right now to get into 

 5           construction.  Then, once complete, that 

 6           funding would come back and we would fund 

 7           additional projects.

 8                  We're really excited about this.  It's 

 9           not -- you know, as an agency we generally 

10           are funding 100 percent affordable projects, 

11           and these would be sort of more mixed-income.  

12           So it's sort of a new line of work for us, 

13           but we think really necessary to get housing 

14           jump-started.

15                  SENATOR KAVANAGH:  And I think 

16           Senator May is here and probably will have 

17           some follow-up questions on this.

18                  But just briefly, so it's a revolving 

19           fund so the money's in the budget this year, 

20           it's allocated to projects, and then it 

21           returns to the fund.  Can you talk a little 

22           bit about the time frame?  Like if 

23           $50 million is in this year's budget, is some 

24           of that available in next year, next fiscal 


                                                                   33

 1           year, or is there a longer time frame?

 2                  COMMISSIONER VISNAUSKAS:  Yeah.  I 

 3           mean, I think you never know how quickly it's 

 4           going to go until we launch it and see what 

 5           the sort of demand is for it.  But our 

 6           anticipation would be it would take us sort 

 7           of post-budget at least sort of six months 

 8           for money to actually get out the door as 

 9           projects come in and submit underwriting.

10                  Generally new construction projects 

11           take about two years to complete and convert 

12           to permanent financing.  So we would expect 

13           the dollars would come back sort of every 

14           24 months.  If they could come back sooner, 

15           that would be great.  And some may take 

16           longer.  But that it would revolve at about 

17           that pace.

18                  SENATOR KAVANAGH:  So if we were to 

19           fund it this year and fund it next year after 

20           that, we might just be working off the same 

21           funding recurring.

22                  COMMISSIONER VISNAUSKAS:  Yeah.  I 

23           mean, we would hope that it would be a great 

24           success, it would really revolve and provide 


                                                                   34

 1           a lot.  But -- so we'll see.

 2                  SENATOR KAVANAGH:  We'll see how it 

 3           goes.

 4                  And the Governor's proposal excludes 

 5           New York City.  In your experience, might 

 6           this be a useful tool in New York City as 

 7           well, were it funded?

 8                  COMMISSIONER VISNAUSKAS:  Yeah.  I 

 9           mean, look, New York City -- since last year 

10           we passed 485-x, which as we heard from many 

11           developers in New York City, was the key to 

12           sort of unlocking rental development there, 

13           and the rest of the state doesn't have that 

14           same -- we passed 421-p last year, which is a 

15           mixed-income tax exemption available to 

16           upstate cities, but not very many have taken 

17           it up.  

18                  So we really saw this as a tool that 

19           would help sort of jump-start rental housing 

20           outside New York City.

21                  SENATOR KAVANAGH:  Great.  I want to 

22           talk a little bit about the Lead Abatement 

23           Program, which is something that I know you 

24           worked to create a few years ago.


                                                                   35

 1                  The budget includes $20 million for 

 2           abatement for the capital costs.  It's run 

 3           jointly with the Health Department, which 

 4           manages this inspection program.

 5                  Can you talk a little -- do you have 

 6           kind of information on how many units -- how 

 7           many housing units have been affected by 

 8           that, either in the past year or over the 

 9           course of the program?

10                  COMMISSIONER VISNAUSKAS:  So we work 

11           with both counties and nonprofits to get that 

12           funding out into the landlord -- into the 

13           stock to get the units abated.  We have 

14           signed contracts to commit all of the funds, 

15           but it is sort of in the process of being 

16           spent down.

17                  I could get back to you with sort of 

18           exact numbers of where we think we're going 

19           to be.  But we certainly haven't spent a 

20           large portion of the dollars yet since --

21                  SENATOR KAVANAGH:  And the original 

22           program required that there be a cyclical -- 

23           basically that over the course of three years 

24           units be inspected.  There's an 


                                                                   36

 1           implementation date that's sometime in the 

 2           fall of this year.

 3                  COMMISSIONER VISNAUSKAS:  Mm-hmm.

 4                  SENATOR KAVANAGH:  Afterwards the 

 5           Health Department's supposed to report on the 

 6           status of that program.

 7                  Do you have any sense -- has there 

 8           been any progress in inventorying how many 

 9           units might be in need of abatement in -- you 

10           know, again, the program deals with 

11           high-impacted zip codes as defined by the 

12           Health Department.

13                  COMMISSIONER VISNAUSKAS:  I don't 

14           think we have a clear picture on that yet, 

15           but I think we will as maybe we get closer in 

16           the fall and we get a little further in the 

17           process.

18                  I'll be happy to circle back with you 

19           on that as well.

20                  SENATOR KAVANAGH:  Thank you.  Any 

21           data you can make available would be 

22           appreciated.  We can follow up.  

23                  There's a series of items that were in 

24           the adopted budget last year that were not 


                                                                   37

 1           in -- that are not in the Executive Proposal 

 2           this year.  I think that often is, you know, 

 3           the way this process works, and I think there 

 4           may be some expectation that the Legislature 

 5           will be coming forth with some proposals for 

 6           capital on certain items.

 7                  But just to go through a few of them, 

 8           there -- last year there was $215 million for 

 9           public housing capital.  I guess with each of 

10           these I just want to know, you know, is -- it 

11           may be that you're not putting new money in 

12           because the existing money is still available 

13           or it may be that you've spent the existing 

14           money and, you know, you could use some more 

15           if the Legislature and the Governor were to 

16           allocate it.

17                  But just on public housing capital, I 

18           guess the question is, is there kind of an 

19           ongoing need that's not met by existing 

20           funds?  And would you have a capacity to move 

21           money out the door if we were to allocate 

22           that?

23                  COMMISSIONER VISNAUSKAS:  Yes.  We 

24           work with public housing authorities across 


                                                                   38

 1           the state and have a -- certainly this year I 

 2           think we have Buffalo, Schenectady, Syracuse, 

 3           White Plains all lined up to get funding from 

 4           us.

 5                  So we continue to spend that money as 

 6           it gets put in by the Legislature and very 

 7           much well put to use in what is a very old 

 8           housing stock across the state.

 9                  SENATOR KAVANAGH:  Okay.  And the same 

10           with New York City Housing, NYCHA, which I 

11           know goes through a slightly different path, 

12           but --

13                  COMMISSIONER VISNAUSKAS:  Yes, it goes 

14           primarily through DASNY, not through us.

15                  SENATOR KAVANAGH:  There were two new 

16           programs that we funded last year, the Infill 

17           Housing Program and the program that became 

18           V-RIP, which we have to work on our acronym 

19           creation in New York.

20                  But can you just talk about -- it was 

21           40 million for each, I think we've had quite 

22           a bit of activity getting these up.  Can you 

23           just talk about the status of those and, 

24           again, whether there might be some use if 


                                                                   39

 1           there were more capital?

 2                  COMMISSIONER VISNAUSKAS:  Yes.  I 

 3           would think for both of those -- and this is 

 4           true for many of our programs that have sort 

 5           of legislative adds -- is that we consider it 

 6           a sort of startup program.  

 7                  So for -- in the case of V-RIP, it was 

 8           $40 million last year, I believe, and we have 

 9           fully contracted all that money out to the 

10           organizations and they will begin to -- they 

11           have two-year contracts to spend those funds 

12           down.  So we will continue to sort of monitor 

13           spending there.  But they're fairly early in 

14           their spend.

15                  SENATOR KAVANAGH:  Okay.  But if 

16           you -- I mean, there's quite a bit of -- I 

17           think more than $40 million worth of 

18           response.  Presumably they're -- if there 

19           were an additional round, would you expect 

20           there would be some additional ability and 

21           desire to spend that money around -- in 

22           various parts of the state?

23                  COMMISSIONER VISNAUSKAS:  Yes.  I 

24           mean,  I think for better or worse we are 


                                                                   40

 1           generally oversubscribed in many of our 

 2           programs, which is, you know, a good thing 

 3           and a bad thing.  

 4                  So we generally can deploy funds into 

 5           communities where the demand is.  So yes.

 6                  SENATOR KAVANAGH:  And Senator Hinchey 

 7           is not a member of this committee and is not 

 8           here today, but I'll just -- I'll ask -- the 

 9           Small Rental Housing Development Initiative, 

10           which is a great program that funds smaller 

11           buildings in rural and village areas, it was 

12           $7 million last year.  

13                  Is that a program where the money is 

14           moving along, and might there be some 

15           capacity to spend additional money on that?

16                  COMMISSIONER VISNAUSKAS:  Yes.  We 

17           love the Small Rental Program.  It is a tool 

18           that small developments can access, it 

19           doesn't require tax credits, doesn't require 

20           bonds, it's -- you know, they don't have to 

21           be giant projects.  It really is tailored to 

22           smaller places that are doing five- and 10- 

23           and 15-unit housing developments.

24                  So we also really appreciate the 


                                                                   41

 1           support on that program and I can get an 

 2           update to you as to where we are in our 

 3           spending, but we generally have a good uptake 

 4           in that project -- program as well.

 5                  SENATOR KAVANAGH:  And just more 

 6           generally, you mentioned that we're in the 

 7           midst of a five-year plan -- I've got 

 8           36 seconds left.  But the -- the majority of 

 9           those units are now kind of in process, and 

10           many completed.

11                  Do you track kind of starts and 

12           completions by program?  You know, we have 

13           myriad capital programs here.  Do you track 

14           internally, like how many units have started, 

15           how many have completed, what the sort of 

16           remaining capital is available in those 

17           programs?

18                  COMMISSIONER VISNAUSKAS:  Yes.  

19           Absolutely.

20                  SENATOR KAVANAGH:  Okay.  Is that data 

21           you could share by program?

22                  COMMISSIONER VISNAUSKAS:  Mm-hmm.

23                  SENATOR KAVANAGH:  And I'm not going 

24           to ask you now, but --


                                                                   42

 1                  COMMISSIONER VISNAUSKAS:  Yeah.

 2                  SENATOR KAVANAGH:  Okay, thank you.

 3                  COMMISSIONER VISNAUSKAS:  Absolutely.

 4                  SENATOR KAVANAGH:  That's my time, so 

 5           I appreciate it.

 6                  CHAIRMAN PRETLOW:  Thank you, Senator.

 7                  Assemblymember Novakhov, for five 

 8           minutes.

 9                  ASSEMBLYMAN NOVAKHOV:  Thank you.  

10                  Welcome, Commissioner.

11                  COMMISSIONER VISNAUSKAS:  Thank you.

12                  ASSEMBLYMAN NOVAKHOV:  Thank you.  

13                  I have a number of questions about the 

14           City of Yes.  So the Executive Budget 

15           proposes to contribute 1 billion to New York 

16           City's new City of Yes housing program.  How 

17           many units does the city plan to build, and 

18           how many will utilize state funding?

19                  COMMISSIONER VISNAUSKAS:  Well, the 

20           City of Yes, which was passed by the 

21           City Council, I think it was projecting to 

22           add 80,000 units through all the measures 

23           that they -- I think I have that number 

24           right -- through their efforts.  I think 


                                                                   43

 1           this -- and that's all types of housing.  

 2                  The funding in the billion dollars in 

 3           the budget is targeted towards affordable 

 4           housing, so that would go towards new 

 5           construction of rental housing, new 

 6           construction of homeownership, preservation 

 7           of existing housing, like Mitchell-Lamas or 

 8           senior buildings or public housing.  So it 

 9           would go to sort of the spectrum of the types 

10           of housing that we generally finance at the 

11           state agency, but for all affordable.

12                  ASSEMBLYMAN NOVAKHOV:  But there's no 

13           particular number of square footage or units 

14           to be utilized for the $1 billion, right?  

15                  COMMISSIONER VISNAUSKAS:  No.  It's 

16           just meant to be a flexible source of funds 

17           to be able to get affordable housing 

18           produced.  

19                  Both the city and the state have -- we 

20           run programs that have term sheets that have 

21           per-unit amounts and, you know, unit size 

22           restrictions on the things you're talking 

23           about.  So we would presume it would follow 

24           those same rules.


                                                                   44

 1                  ASSEMBLYMAN NOVAKHOV:  Okay, thank 

 2           you.  And do you know how much has the city 

 3           committed to spend on City of Yes?

 4                  COMMISSIONER VISNAUSKAS:  I believe 

 5           the city committed $2 billion as part of the 

 6           overall -- but they would be able to answer 

 7           that better than I can.

 8                  ASSEMBLYMAN NOVAKHOV:  Mm-hmm.  What 

 9           types of housing units will be built?  

10                  COMMISSIONER VISNAUSKAS:  Through the 

11           $1 billion?  

12                  ASSEMBLYMAN NOVAKHOV:  Yeah.

13                  COMMISSIONER VISNAUSKAS:  We would 

14           expect they would be funded as we do sort of 

15           typically in our projects for all affordable 

16           buildings that could be rental or home 

17           ownership or preserving Mitchell-Lamas or 

18           preserving, you know, other types of existing 

19           rental housing.  

20                  ASSEMBLYMAN NOVAKHOV:  Will the state 

21           be attaching any requirements for the city to 

22           utilize these funds?  

23                  COMMISSIONER VISNAUSKAS:  We would 

24           anticipate that the spend would align with 


                                                                   45

 1           the types of term sheets that we have now, 

 2           which require income testing to live in the 

 3           apartments, it requires long-term regulatory 

 4           agreements so those apartments stay 

 5           affordable far into the future.  

 6                  So yes, we would expect that the 

 7           funding would follow our typical procedures.

 8                  ASSEMBLYMAN NOVAKHOV:  Can the state 

 9           trust that the 1 billion will be properly 

10           spent considering existing uncertainties at 

11           City Hall?

12                  COMMISSIONER VISNAUSKAS:  Yes, we 

13           would expect that the funding would follow 

14           all the typical program guidelines that we 

15           have at the state, and we stand behind those.

16                  ASSEMBLYMAN NOVAKHOV:  And can the 

17           state trust that the new mayoral 

18           administration would continue with the City 

19           of Yes and that state funding would be 

20           necessary?  

21                  COMMISSIONER VISNAUSKAS:  I mean, I 

22           can't really speak to the city administration 

23           and how it will be, but I would assure that 

24           the funding that comes through the state that 


                                                                   46

 1           goes into affordable housing in the city will 

 2           absolutely be spent well.

 3                  ASSEMBLYMAN NOVAKHOV:  And will the 

 4           state require the city to build units in any 

 5           particular boroughs or neighborhoods despite 

 6           objections from neighborhood residents or 

 7           local community boards?  

 8                  COMMISSIONER VISNAUSKAS:  No.  I would 

 9           say that we -- generally both the city 

10           housing agency and the state housing agency 

11           have a very long pipeline of projects that 

12           have local approvals that are looking to get 

13           financed.  And so I would expect that the 

14           first projects that would, you know, sort of 

15           come through a funding source like that would 

16           be ones that have approvals.

17                  ASSEMBLYMAN NOVAKHOV:  And will the 

18           Governor be considering construction of units 

19           through the City of Yes as a part of the 

20           five-year affordable housing and homelessness 

21           initiative housing goals?  

22                  COMMISSIONER VISNAUSKAS:  I mean, this 

23           funding would be incremental, since the prior 

24           housing plan was already sort of approved.  


                                                                   47

 1           So we would think it would create additional 

 2           housing.  

 3                  ASSEMBLYMAN NOVAKHOV:  How will the 

 4           state provide this funding?  Will it require 

 5           the city to apply for reimbursement from the 

 6           state, like the current process for 

 7           reimbursement for migrant-related costs?  

 8                  COMMISSIONER VISNAUSKAS:  No, we would 

 9           expect that funding to flow through the state 

10           housing agency directly into projects in the 

11           city.

12                  ASSEMBLYMAN NOVAKHOV:  And the city 

13           has been pretty slow to request those 

14           reimbursement funds.  Would the city delay in 

15           the same way with the City of Yes funds?

16                  COMMISSIONER VISNAUSKAS:  We would 

17           expect the funding to flow through the state 

18           housing agency into projects, directly into 

19           projects in the city.

20                  ASSEMBLYMAN NOVAKHOV:  All right.  

21           Thank you so much, Commissioner.

22                  COMMISSIONER VISNAUSKAS:  Thanks.  

23                  CHAIRWOMAN KRUEGER:  Thank you.  

24                  Senator Rachel May.


                                                                   48

 1                  SENATOR MAY:  Thank you.

 2                  Thank you, Commissioner, for being 

 3           here.  And special thanks for including the 

 4           revolving loan fund in your budget proposal.  

 5                  I am hoping to beef that up so that we 

 6           may be able to add some of that as the 

 7           Legislature.  But I would love to hear your 

 8           ideas about what is the capacity for that and 

 9           how many projects would you expect could be 

10           funded with 50 million if we put -- if we 

11           doubled that or even did 200 million and 

12           included the City of New York?  How much 

13           could be done with that?  

14                  COMMISSIONER VISNAUSKAS:  We're really 

15           excited about it also.  And thank you for 

16           being a sort of thought partner on that 

17           front.

18                  I would say that we have talked to, as 

19           I'm sure you have as well, different 

20           developers in different parts of the state.  

21           And there are kind of projects of all shapes 

22           and sizes.  So I think that the exact unit 

23           count we would get would sort of depend on 

24           who's sort of most ready and how quickly we 


                                                                   49

 1           can get the money out the door and get it 

 2           back.  

 3                  And we would very much, obviously, 

 4           like to revolve as quickly as we can so that 

 5           we can sort of keep this going.  We feel, as 

 6           I know you do too, an enormous amount of 

 7           pressure in upstate to get housing 

 8           construction started so that people who are 

 9           coming to all the jobs that have been created 

10           have a place to live.

11                  So we don't have an exact sort of unit 

12           count yet.  Certainly if we doubled the funds 

13           we would -- ideally we would double the 

14           amount of production that we had.

15                  SENATOR MAY:  So you think there is 

16           capacity for more?  

17                  COMMISSIONER VISNAUSKAS:  Yes.  Yeah.

18                  SENATOR MAY:  Okay, great.  

19                  On the affordable housing 

20           preservation, the 4 percent tax credits were 

21           disallowed.  Is there another source of 

22           funding for that?  I know in Syracuse this is 

23           a big issue.

24                  COMMISSIONER VISNAUSKAS:  Yes, so 


                                                                   50

 1           we've been working with owners who want to 

 2           access tax-exempt bonds to have them utilize 

 3           conventional financing, and then we've been 

 4           providing state low-income housing credits 

 5           and subsidy to sort of make up the difference 

 6           of what would otherwise have been available 

 7           in the tax-exempt bonds, so we can then do 

 8           new construction with tax-exempt bonds and do 

 9           the preservation projects with these other 

10           resources so that we can get both done.

11                  So we continue in Syracuse to work 

12           with a series of owners on those approaches.

13                  SENATOR MAY:  Wonderful.

14                  And finally, the 50 million for 

15           modular housing.  Can you just sketch out how 

16           that's going to be used?  Are you looking at 

17           multifamily as well as single-family housing?  

18           Or any cost estimates --

19                  COMMISSIONER VISNAUSKAS:  Yes.  So we 

20           are very much looking to drive down the cost 

21           of infill housing, of small home development.  

22           It is very expensive for us to subsidize home 

23           ownership, but we would like to do more of 

24           that.


                                                                   51

 1                  We recently ran a pilot to get modular 

 2           homes on three Land Bank sites upstate, and 

 3           we are sort of hoping that will provide a 

 4           gateway to us understanding sort of a cost to 

 5           get a modular home sited on a Land Bank or 

 6           otherwise sort of small infill site.

 7                  So we would ideally use this funding 

 8           to really drive that process and get to 

 9           scale.

10                  SENATOR MAY:  Just single-family 

11           homes, though?

12                  COMMISSIONER VISNAUSKAS:  Ones, twos, 

13           threes.  I mean, we're thinking of it as sort 

14           of in smaller infill sites.

15                  SENATOR MAY:  Okay, great.  Thank you.  

16                  CHAIRMAN PRETLOW:  Thank you.  

17                  Assemblywoman Grace Lee.

18                  ASSEMBLYWOMAN LEE:  I thought I was 

19           last on the list, okay.  I have a bunch of 

20           questions, so let me go really quickly.  

21                  Just for some context, DHCR approved 

22           the sale of Knickerbocker Village, a historic 

23           rent-regulated housing complex in my 

24           district, a sale from Cherry Green Property 


                                                                   52

 1           to L+M Fund Management last April.  

 2                  And through that development project 

 3           it was promised that tenants would receive 

 4           capital improvements alongside annual rent 

 5           increase caps at 2.5 percent.  We've heard 

 6           from numerous -- along with some capital -- 

 7           $50 million of renovations and capital 

 8           improvements.

 9                  So we've heard from numerous 

10           Knickerbocker Village board members that L+M 

11           has had poor communication with tenants 

12           regarding the scheduling of capital 

13           improvements in individual units, and in many 

14           cases contractors have shown up unannounced, 

15           causing confusion and disruption for 

16           residents.

17                  Additionally, there are no quality 

18           checks on the contractors' work, leaving many 

19           tenants with subpar repairs and no clear way 

20           to request corrections.

21                  How is DHCR overseeing the planned 

22           $50 million in capital improvements to ensure 

23           these improvements are completed with 

24           high-quality standards and proper oversight?


                                                                   53

 1                  COMMISSIONER VISNAUSKAS:  Thanks for 

 2           the question. 

 3                  We were -- as you I'm sure know, that 

 4           project was sort of a very long time in the 

 5           sort of process of getting transferred to new 

 6           ownership so that renovations could be made, 

 7           investments could be made, and also a lot of 

 8           Section 8 could be brought into the project 

 9           to keep rents at levels affordable to the 

10           tenants.

11                  Certainly we stand behind all the 

12           transactions that we do.  I would be happy to 

13           meet with you separately and talk about sort 

14           of the ins and outs.  We'd be happy to bring 

15           the owner in -- 

16                  (Overtalk.)

17                  ASSEMBLYWOMAN LEE:  Can you just tell 

18           me about the oversight, what you've done --

19                  (Overtalk.)

20                  COMMISSIONER VISNAUSKAS:  So we 

21           approve -- when Mitchell-Lama housing 

22           companies take mortgages for capital 

23           improvements or take loans, we have oversight 

24           of that and we are approving looking at 


                                                                   54

 1           scopes of work.  Again, if -- as --

 2                  ASSEMBLYWOMAN LEE:  Are you checking 

 3           in on the progress of that work --

 4                  COMMISSIONER VISNAUSKAS:  We --

 5                  ASSEMBLYWOMAN LEE:  -- on a regular 

 6           basis?

 7                  COMMISSIONER VISNAUSKAS:  Go ahead, 

 8           sorry, I didn't mean to interrupt.

 9                  ASSEMBLYWOMAN LEE:  Yeah, that's the 

10           question.

11                  COMMISSIONER VISNAUSKAS:  We worked -- 

12           in the case of that building, they also have 

13           I think a first lender in place also, so we 

14           would coordinate both our funding and the 

15           first lender and the owner.

16                  So again, if things are not being done 

17           up to par, we would certainly be happy to 

18           sort of -- to step in and talk to the owner 

19           and meet with the tenant association and make 

20           sure we can get to resolution.

21                  ASSEMBLYWOMAN LEE:  Okay, great.

22                  The board has numerous concerns 

23           regarding oversight, and there is a BRD 

24           hearing scheduled for April 1st.  The 


                                                                   55

 1           Knickerbocker Village Board was only given 

 2           $6,000 to hire an outside accountant to 

 3           represent them.

 4                  This $6,000 is not -- does not give 

 5           them a lot of ability to hire someone at a 

 6           market rate who has experience.  So do you 

 7           think $6,000 is an appropriate number?  How 

 8           did it come about?  And is there ability to 

 9           expand that allowance?

10                  COMMISSIONER VISNAUSKAS:  Yeah, I'd be 

11           happy to talk to you about that.  I don't 

12           know the details of what the scope is that 

13           they want the outside counsel to do, but 

14           happy to talk and make sure we can get to a 

15           good outcome.

16                  ASSEMBLYWOMAN LEE:  Okay, great.

17                  And then -- well, that's all my time.  

18           thank you.

19                  CHAIRWOMAN KRUEGER:  Thank you.

20                  Ranker -- Acting Ranker Senator 

21           Walczyk.

22                  SENATOR WALCZYK:   Thank you, 

23           Madam Chair.  

24                  You mentioned the institutional 


                                                                   56

 1           investor proposal in your testimony.  How 

 2           many single- or two-family homes are owned by 

 3           institutional investors currently?  

 4                  COMMISSIONER VISNAUSKAS:  So there's 

 5           not really a database to track it, and I 

 6           think people sort of are following this.  The 

 7           issue is a much bigger one in the sort of Sun 

 8           Belt cities where sort of nationally there's 

 9           been a huge growth in investor-owned 

10           single-family homes.

11                  SENATOR WALCZYK:   So we don't know.  

12           Can you ballpark it?  

13                  COMMISSIONER VISNAUSKAS:  Yeah, well, 

14           I was -- yeah.  

15                  So we, however, have spoken to mayors 

16           in Albany, mayors in Rochester, and mayors in 

17           other cities who say that they definitely 

18           have investor owned -- have had institutional 

19           investors come in and buy hundreds, scales of 

20           hundreds in each of those cities, of investor 

21           homes, and have told us that those homes are 

22           often the ones that have the highest code 

23           violations, they have more sort of 911 calls 

24           than the sort of average -- 


                                                                   57

 1                  SENATOR WALCZYK:  So maybe in the 

 2           thousands statewide?  

 3                  COMMISSIONER VISNAUSKAS:  Could be, 

 4           yeah.  I don't think we have a great data set 

 5           on it.

 6                  SENATOR WALCZYK:  Do you have any data 

 7           on how often those homes are on the market 

 8           before they're picked up by an institutional 

 9           investor?  

10                  COMMISSIONER VISNAUSKAS:  So we have 

11           talked to many individuals, New Yorkers, who 

12           are trying to buy homes who find that when a 

13           building goes on MLS, it is gone either same 

14           day or one day later and they don't have the 

15           opportunity to go look at the house, to get 

16           an inspector, do the things a normal 

17           homeowner would do.  

18                  So we wanted to do this 75-day window 

19           to kind of level the playing field and let 

20           homeowners have a chance to go have the 

21           opportunity to buy the house before an 

22           institutional investor would buy it same day.

23                  SENATOR WALCZYK:  How about on the 

24           seller end, are the sellers generally -- are 


                                                                   58

 1           these vacant properties that are sellers that 

 2           are absentee?  Are they New Yorkers?  Do they 

 3           stay in New York after they're selling this 

 4           property to an institutional investor?  Any 

 5           concept there?  

 6                  COMMISSIONER VISNAUSKAS:  I think it 

 7           probably runs the gamut.

 8                  SENATOR WALCZYK:  Okay.  In ELFA 

 9           Part H, an algorithmic device is defined 

10           (reading) as any machine, device, computer 

11           program or computer software that on its own 

12           or with a human assistance performs a 

13           coordinating function.  

14                  Are we talking about a calculator?  

15           Could that be a calculator?  

16                  COMMISSIONER VISNAUSKAS:  I think we 

17           were talking about software that can figure 

18           out when a house comes on MLS in a day, that 

19           it fits the right categories for an 

20           institutional investor, and they make an 

21           all-cash offer that day.  I think that is 

22           what that is referring to.

23                  SENATOR WALCZYK:  So computer 

24           software -- are you talking about Excel?


                                                                   59

 1                  COMMISSIONER VISNAUSKAS:  I am not a 

 2           computer software expert, so I wouldn't  -- I 

 3           wouldn't assume it is Excel.  I would think 

 4           it's a piece of software that's --

 5                  SENATOR WALCZYK:  Would the algorithm 

 6           at Zillow count under this definition?

 7                  COMMISSIONER VISNAUSKAS:  I think this 

 8           would be about an investor using a software 

 9           of their choosing.  I don't know what they 

10           would use.

11                  SENATOR WALCZYK:  If a real estate 

12           agent or a leasing agent suggests to a new 

13           property owner their market rent should be -- 

14           is that considered a coordinating function 

15           under that definition?

16                  COMMISSIONER VISNAUSKAS:  I'm not 

17           sure.  I'd have to get back to you on that 

18           answer.

19                  SENATOR WALCZYK:  Okay.  Is the 

20           intention of the legislation essentially to 

21           prohibit people from using information out in 

22           the market to determine what prices should 

23           be?

24                  COMMISSIONER VISNAUSKAS:  I think the 


                                                                   60

 1           intent of the legislation is to give 

 2           New Yorkers who want to buy a home the 

 3           opportunity to do that and not to have houses 

 4           that come up on MLS get sort of cash offers 

 5           same day and turn into rentals, and then 

 6           people who want to buy and live in those 

 7           homes don't even get the chance to take a 

 8           look at them or walk inside.

 9                  SENATOR WALCZYK:  Okay.  Insurance 

10           rates, as I understand it, have gone up 

11           pretty significantly in New York City when 

12           you look at rent stabilization and rent 

13           increase caps from good cause eviction and 

14           those kinds of things that we've placed.

15                  How many -- how can owners mitigate 

16           the costs of those increases and improve 

17           their property?

18                  COMMISSIONER VISNAUSKAS:  Well, 

19           obviously in the case of private owners they 

20           can do that as they choose.

21                  In the case of owners who own 

22           rent-stabilized properties, they would 

23           utilize either the MCI, for a major capital 

24           improvement, or IAI, for an individual 


                                                                   61

 1           apartment, if they want to make investments 

 2           in the building and recoup a return.

 3                  SENATOR WALCZYK:  Are good-cause 

 4           eviction laws causing small property owners 

 5           to remove homes from the market or shift to 

 6           short-term rental?

 7                  COMMISSIONER VISNAUSKAS:  I have not 

 8           heard that.

 9                  SENATOR WALCZYK:  So there's a 

10           proposal for $1 billion for the Yes program, 

11           I think you mentioned it in your testimony.  

12           Is that for building new units?

13                  COMMISSIONER VISNAUSKAS:  It could be 

14           either construction of new units or 

15           preservation of existing affordable housing.

16                  SENATOR WALCZYK:  How many units do 

17           you think we'll bring online under $1 billion 

18           in the Yes program?

19                  COMMISSIONER VISNAUSKAS:  So we would 

20           coordinate with the City of New York on 

21           whatever the needs and sort of demand were 

22           across new construction and preservation, so 

23           I think that --

24                  SENATOR WALCZYK:  Can you give me a 


                                                                   62

 1           ballpark number how many we can expect?

 2                  COMMISSIONER VISNAUSKAS:  I think it 

 3           would really depend on how the funding gets 

 4           spent in terms of preservation and new 

 5           construction, so I don't think we could 

 6           give --

 7                  SENATOR WALCZYK:  How short on units 

 8           is New York City right now?

 9                  COMMISSIONER VISNAUSKAS:  I believe 

10           the mayor announced that he wants to build 

11           500,000 units in 10 years, is his moon shot.

12                  SENATOR WALCZYK:  And how short is the 

13           Adirondacks on units right now?

14                  COMMISSIONER VISNAUSKAS:  I don't know 

15           that the Adirondacks have published a number 

16           that they're short on.  But I -- there are 

17           housing pressures across the state for sure 

18           in every community.

19                  SENATOR WALCZYK:  Are they -- would 

20           the Adirondacks be eligible for the Yes 

21           program?

22                  COMMISSIONER VISNAUSKAS:  The funding 

23           for the City of Yes is going to New York 

24           City.  


                                                                   63

 1                  We certainly at HCR have funding 

 2           sources that we make available to every 

 3           community in the state.

 4                  CHAIRWOMAN KRUEGER:  Thank you.

 5                  Senate -- excuse me.  Assembly.

 6                  CHAIRMAN PRETLOW:  Assemblyman Ed Ra, 

 7           five minutes.

 8                  ASSEMBLYMAN RA:  Thank you.  

 9                  Commissioner, I want to follow up on 

10           something you discussed last year with 

11           Senator Martins.  You know, we have another 

12           round of funding for housing on state-owned 

13           properties.  And, you know, since that 

14           discussion last year, obviously some of the 

15           statutory language kind of fell off the table 

16           in the final budget, but the funding was 

17           there.

18                  So can you give me an update with 

19           regard to that program?  And in particular, 

20           what is being done to at least have some 

21           coordination with the surrounding 

22           municipalities where the state is pursuing 

23           building housing on state-owned lands.

24                  COMMISSIONER VISNAUSKAS:  And are you 


                                                                   64

 1           referring to the RUSH funding, is that what 

 2           you're referring to? 

 3                  ASSEMBLYMAN RA:  Yes.

 4                  COMMISSIONER VISNAUSKAS:  So the RUSH 

 5           funding is administered by ESD, so we -- it 

 6           doesn't come through my agency.  

 7                  We do work closely with ESD on 

 8           projects -- on all housing projects that are 

 9           developed on state-owned land, and where 

10           there is infrastructure need, ESD has a 

11           process they go through to get that funding 

12           to the projects so that the infrastructure is 

13           not the reason why the housing can't get 

14           built.  And then we are generally coming in 

15           behind that with housing subsidy.  

16                  ASSEMBLYMAN RA:  Okay.  So -- but I 

17           believe what you had told us last year was, 

18           right, there were those provisions for a few 

19           specific sites because a statutory change 

20           would have been needed to allow that to 

21           happen, but in most instances on state-owned 

22           land there wasn't a need for any type of 

23           statutory change.

24                  COMMISSIONER VISNAUSKAS:  In terms of 


                                                                   65

 1           sort of zoning, I think the state, the -- ESD 

 2           is using the general project plan process 

 3           where they need to make certain changes on a 

 4           state-owned site to facilitate either 

 5           residential or commercial, whatever type of 

 6           development is appropriate.

 7                  And they continue to do that on 

 8           several sites that have come out since I was 

 9           here last year.  

10                  ASSEMBLYMAN RA:  Okay.  And you did at 

11           the time, though, indicate that perhaps, you 

12           know, there might be some type of list of 

13           places that were targeted.  And I would 

14           reiterate if such a list exists of a place 

15           that is being looked at, if that is shared I 

16           think it would be helpful to both legislators 

17           and local municipalities.  

18                  I understand, you know, they're not 

19           subject to their zoning, but I do still think 

20           it's important that they're aware if a site 

21           is going to be developing housing.

22                  COMMISSIONER VISNAUSKAS:  Absolutely.  

23           I mean, my understanding is that ESD does 

24           reach out locally when they're doing RFPs.  


                                                                   66

 1           It takes quite a while to get an RFP in place 

 2           and in process.  But certainly happy to 

 3           continue that.

 4                  ASSEMBLYMAN RA:  Okay.  Another thing 

 5           that -- again, I understand that this is 

 6           being looked at within a different agency, 

 7           but it certainly very much deals with 

 8           housing.  

 9                  There's a proposal in the Department 

10           of State to mandate sprinkler systems in new 

11           one- and two-family homes.  Does your 

12           division have any opinion on that and what 

13           impact it might have on the development of 

14           housing?

15                  COMMISSIONER VISNAUSKAS:  We certainly 

16           would defer to the Department of State as the 

17           lead agency on that.

18                  I would say, sort of more writ large, 

19           we are always looking to both make sure 

20           housing is safe and as safe as it can be, and 

21           also as affordable, and not adding 

22           unnecessary construction costs.  I suspect 

23           this is an issue that challenges both of 

24           those.


                                                                   67

 1                  ASSEMBLYMAN RA:  Yeah.  I mean, we're 

 2           hearing from a lot of, you know, developers 

 3           that are saying that it's going to slow or 

 4           hinder their ability to build housing because 

 5           of the added expense that comes along with 

 6           it.  

 7                  And obviously safety is paramount; we 

 8           want, you know, our codes and everything to 

 9           keep safety paramount.  But I don't know if 

10           this is the best way to get it at it for, you 

11           know, single-family homes and two-family 

12           homes.

13                  With the minute and a half I have 

14           left, Pro-Housing certification.  I know I've 

15           spoken to some of my local villages who have 

16           been denied certification.  Is there a 

17           process where, you know, a municipality who 

18           has expressed an interest in becoming a 

19           Pro-Housing Community but gets denied for 

20           whatever reason -- to work with them to 

21           figure out what they need to do?  Or is it 

22           just, you know, starting from scratch like 

23           they're a new applicant trying to do it for 

24           the first time?


                                                                   68

 1                  COMMISSIONER VISNAUSKAS:  So we 

 2           haven't denied any applications because it's 

 3           really just a rolling process that once you 

 4           submit all the information to us, you get 

 5           certified.

 6                  I think we had one locality withdraw 

 7           its application.  But we -- and I really sort 

 8           of earnestly -- we work very closely with all 

 9           localities that are applying.  We want the 

10           process to be accessible and achievable.  We 

11           want as many Pro-Housing communities as we 

12           can get, so we aren't trying to make this 

13           something that people can't achieve.

14                  So would be happy to follow up with 

15           you also to -- if there's ways that we can 

16           make the process easier for localities, we 

17           want them to be certified.  We want them to 

18           have access to funds because we want them to 

19           build housing.

20                  ASSEMBLYMAN RA:  Okay.  I'm running 

21           out of time, but maybe I'll follow up offline 

22           regarding some of the other issues.  

23                  Thank you.  

24                  COMMISSIONER VISNAUSKAS:  Okay.  


                                                                   69

 1           Thanks.  

 2                  CHAIRWOMAN KRUEGER:  Thank you.  

 3                  Senator Jackson.

 4                  SENATOR JACKSON:  Thank you.  

 5                  Good afternoon, Commissioner.  How are 

 6           you?

 7                  COMMISSIONER VISNAUSKAS:  Good, how 

 8           are you doing?

 9                  SENATOR JACKSON:  Good.  I have three 

10           questions to ask you.  

11                  What is the relationship, working 

12           relationship with HCR and HPD?

13                  COMMISSIONER VISNAUSKAS:  We have a 

14           great working relationship with the city 

15           housing agencies.  We cofund a lot of 

16           projects together.  We, you know, generally 

17           are deferential to them as they're looking to 

18           achieve their housing priorities in the city.  

19           And we finance a number of projects in the 

20           city as well.

21                  So we work really closely with them.

22                  SENATOR JACKSON:  In looking at MCIs, 

23           major capital improvements, that goes to your 

24           office, is that correct?  As far as 


                                                                   70

 1           verification and/or if someone wanted to 

 2           appeal the MCI because it's not really what 

 3           the landlord is saying, is that within your 

 4           office or HPD?

 5                  COMMISSIONER VISNAUSKAS:  That's HCR, 

 6           and we review and approve MCI applications.

 7                  SENATOR JACKSON:  And would you -- if 

 8           I put in a freedom of information or ask you 

 9           for how many have you had within one year, 

10           would you be able to be give me that 

11           information?  

12                  COMMISSIONER VISNAUSKAS:  I don't have 

13           it off the top of my head, but we could 

14           certainly get it to you.

15                  SENATOR JACKSON:  Yeah, I'm talking 

16           about not now, yeah.

17                  COMMISSIONER VISNAUSKAS:  Absolutely.

18                  SENATOR JACKSON:  And then also I 

19           wanted to ask you about Amalgamated Housing 

20           in the Bronx.  It's like I'm getting my hair 

21           all gray about the issues and concerns that 

22           they have there.

23                  And I don't -- I was wondering why, in 

24           my opinion, that you, meaning your office, 


                                                                   71

 1           doesn't, you know, help them to stand on 

 2           their two feet overall?  Can you make them do 

 3           something, or do you have to ask them can 

 4           they do it?

 5                  COMMISSIONER VISNAUSKAS:  We have 

 6           supervisory authority over the 

 7           Mitchell-Lamas, but they are privately owned 

 8           and privately operated.  

 9                  And so we act as a support function 

10           for them as it relates -- especially for 

11           something like capital improvements and 

12           trying to make sure that they have access to 

13           consultants if they need to get banks on 

14           board, if they need to do capital needs 

15           assessments.  

16                  In the case of Amalgamated, we have 

17           been working with them very closely for quite 

18           some time to make sure that they can get a 

19           series of repairs that are, you know, very 

20           much needed in that building.  And I think 

21           we've come a long way from where we were a 

22           year or two years ago on that.  And, you 

23           know, hopefully those investments will get 

24           made soon and some of that gray hair will -- 


                                                                   72

 1           maybe will come down a little bit.

 2                  SENATOR JACKSON:  The billion dollars 

 3           that -- the billion dollars that you're 

 4           investing -- as far as a loan to Amalgamated, 

 5           could that come out of the money that the 

 6           state is allocating?  

 7                  COMMISSIONER VISNAUSKAS:  Yes.  We see 

 8           the City of Yes funding as very flexible and 

 9           that it could go into Mitchell-Lamas, it can 

10           go into 202s, it can go into existing rental 

11           housing.  And so absolutely.

12                  SENATOR JACKSON:  Thank you.  I'll 

13           follow up with your team.

14                  COMMISSIONER VISNAUSKAS:  Okay, 

15           thanks.

16                  CHAIRWOMAN KRUEGER:  Assembly.  

17                  CHAIRMAN PRETLOW:  Assemblyman Steve 

18           Otis.

19                  ASSEMBLYMAN OTIS:  Thank you, 

20           Commissioner.  Thank you for all you're doing 

21           and your frequent visits to Westchester when 

22           we have projects there.  Appreciate that very 

23           much.

24                  One issue that's been a challenge 


                                                                   73

 1           certainly since the pandemic has been 

 2           municipal housing authorities, and I'm 

 3           especially asking about municipal housing 

 4           authorities outside of New York City.  I have 

 5           a few in the district that I represent that 

 6           have been in discussions with the state 

 7           association.  

 8                  What is the state of play in terms of 

 9           the financial issues, still issues with 

10           arrears?  And I know we in last year's budget 

11           drove some additional money towards those 

12           housing authorities.  But if you could give 

13           us some update on that, that would be great.  

14                  COMMISSIONER VISNAUSKAS:  Yes, I would 

15           certainly thank the good leaders in 

16           Westchester for being very pro-housing and 

17           supportive.  We really have done an enormous 

18           amount there over the last five years.  

19                  And as with housing authorities, we 

20           have done a lot of work in Yonkers, in White 

21           Plains and many of the -- with many of these 

22           housing authorities in Westchester.

23                  Our primary interaction with them is 

24           around capital and making sure that we can 


                                                                   74

 1           facilitate investment into roofs and boilers 

 2           and mechanical systems that are often very 

 3           old in those buildings.  

 4                  And so year over year we probably have 

 5           four or five or six different Mitchell-Lamas 

 6           that -- I mean public housing authorities 

 7           that we're working with to make those 

 8           investments, and that would continue I think 

 9           for the ones in your district as well.

10                  ASSEMBLYMAN OTIS:  That's great.  

11           Well, just want to make sure that the upstate 

12           authorities are paid attention to.

13                  And, you know, on the individual 

14           level, a few years ago we had one of those 

15           boiler situations in one of the ones in the 

16           City of New Rochelle, and your folks were of 

17           tremendous help.  And so we got that solved, 

18           and it really in a sense saved the authority 

19           and the residents there their pocketbook, 

20           because we found a good solution through your 

21           staff.  And appreciate that very much.

22                  Thank you.

23                  COMMISSIONER VISNAUSKAS:  Thank you.  

24           Thanks.


                                                                   75

 1                  CHAIRMAN PRETLOW:  Senate?  

 2                  CHAIRWOMAN KRUEGER:  Senator Helming.

 3                  SENATOR HELMING:  Good afternoon, 

 4           Commissioner.

 5                  COMMISSIONER VISNAUSKAS:  Hi.

 6                  SENATOR HELMING:  In talking about the 

 7           Pro-Housing Communities -- and I mentioned 

 8           this at the first Senate Housing Committee 

 9           meeting of this year -- I have pro-housing 

10           communities that can't build housing because 

11           there's a lack of electric capacity.  

12                  What's being done to address that 

13           issue?  Is there -- do you recognize that 

14           that is an issue in upstate New York?  And 

15           are we going to back off of the all-electric 

16           mandates so that we can build these homes 

17           that we need.

18                  COMMISSIONER VISNAUSKAS:  We 

19           absolutely acknowledge that there are 

20           challenges in your district but also in 

21           others across the state and in New York City, 

22           frankly, where the power grid is not 

23           sufficient to handle development.  

24                  So I would say two things.  We 


                                                                   76

 1           certainly are, you know, supporting 

 2           communities to get housing built, and ideally 

 3           through our -- through an electrification 

 4           platform.  But if they can't, we will still 

 5           continue to work with them.

 6                  We also -- there is $100 million this 

 7           year in the budget for Pro-Housing 

 8           Communities, and we would love for that to go 

 9           towards infrastructure upgrades that can 

10           actually make that happen.

11                  SENATOR HELMING:  Commissioner, I 

12           don't mean to be rude; I only have three 

13           minutes.  

14                  But I understand there's $100 million.  

15           In the Governor's press release about that, 

16           she called out specifically water and sewer 

17           infrastructure.  I think we need to make it 

18           very clear that that is also available for 

19           electric capacity.  

20                  And I'm also worried about that 

21           $100 million.  One of my builders was told 

22           that to bring electric in for 186 homes, it 

23           was going to cost $3.2 million.  So I'm not 

24           sure how far that 100 million is going to go.


                                                                   77

 1                  And just for clarification, I 

 2           understand we have a lot of funding for the 

 3           City of Yes, there's funding for NYCHA.  What 

 4           is in the Governor's budget that's before us 

 5           right now for our upstate public housing 

 6           authorities?  

 7                  COMMISSIONER VISNAUSKAS:  So we still 

 8           have funding in our five-year housing --

 9                  SENATOR HELMING:  Just -- how much?

10                  COMMISSIONER VISNAUSKAS:  Oh, we have, 

11           I think, over $100 million still in our 

12           budget to spend on public housing 

13           authorities.

14                  SENATOR HELMING:  Okay.  And that's a 

15           line item that's in this budget proposal.

16                  COMMISSIONER VISNAUSKAS:  It's in our 

17           five-year Housing Plan.  It would be -- you'd 

18           see it as reappropriated funds I think in the 

19           budget.

20                  SENATOR HELMING:  Is there anything 

21           new?

22                  COMMISSIONER VISNAUSKAS:  No, because 

23           we still have money to spend.

24                  SENATOR HELMING:  Okay.  And then we 


                                                                   78

 1           talk about all of these programs, these 

 2           aggressive measures were taken, we're 

 3           spending billions of dollars on housing 

 4           initiatives.  Yet in the comptroller's 

 5           January report he calls out how our 

 6           homelessness in New York State is greater 

 7           than any other state in the entire nation 

 8           except for Hawaii.  

 9                  Something that's really important to 

10           me -- and troubling to me, too -- is that in 

11           2024 the number of veterans suffering 

12           homelessness is just -- again, it's the 

13           highest in the entire nation.  How can that 

14           be when we're spending so much money on 

15           housing?  

16                  What is in this budget specifically to 

17           address the issue of veterans' homelessness?

18                  COMMISSIONER VISNAUSKAS:  So we 

19           still -- and similar to my prior answer -- in 

20           the supportive housing budget that we have 

21           from our original housing plan, we had 

22           $1.2 billion.  We are still spending down 

23           that.

24                  I agree with you, it is hard to be 


                                                                   79

 1           spending money on supportive housing all the 

 2           time and there is still a lot of 

 3           homelessness --

 4                  SENATOR HELMING:  I just have to, real 

 5           quick -- so also in the Comptroller's report, 

 6           and he calls this out year after year, is 

 7           that we need more transparency and 

 8           accountability.  We need to be able --

 9                  CHAIRMAN PRETLOW:  Thank you, Senator.

10                  SENATOR HELMING:  -- to show people 

11           what we're --

12                  CHAIRWOMAN KRUEGER:  Thank you.

13                  Assembly.

14                  CHAIRMAN PRETLOW:  Assemblyman Chang.  

15                  ASSEMBLYMAN CHANG:  Oh, it works here.

16                  Thank you very much, Commissioner.  

17           Thank you for being here.  Several questions.  

18                  And a math question here is in your 

19           testimony you tried to lower the cost, 

20           initially tried to lower the cost of 

21           construction in housing.  So how can we lower 

22           the cost if our costs of labor are going up 

23           and minimum wage going up, plus increasing 

24           construction costs?  Now we have to compete 


                                                                   80

 1           for the same material as in Los Angeles, 

 2           which is, as you know, devastated -- we have 

 3           to compete for those material costs.

 4                  And recently the -- in the past year, 

 5           an increase in legislation on meeting 

 6           environmental standards, which on record I 

 7           voted against. 

 8                  So with the math, how can we lower 

 9           those costs as well?  All those costs are 

10           increased.  So what's the idea, based on your 

11           testimony?

12                  COMMISSIONER VISNAUSKAS:  Yeah, so the 

13           funding that's in -- the capital funding 

14           that's in the budget is to try to expand the 

15           production of modular housing, which is 

16           something we have seen costs less than other 

17           types of construction in New York State.

18                  And so we want to use this funding as 

19           a way to drive down costs by expansion of 

20           modular housing.

21                  ASSEMBLYMAN CHANG:  But modular 

22           doesn't help in New York City, which most of 

23           the budgets we are allocating for are 

24           New York City.  So how to do it with modular 


                                                                   81

 1           buildings in New York City, which is not 

 2           possible.

 3                  COMMISSIONER VISNAUSKAS:  Well, there 

 4           is some modular.  There's also some 

 5           manufactured -- like pieces of buildings are 

 6           starting to be sort of pre-factory built.  

 7           And so I think we want to try to push the 

 8           envelope; where we can drive down those costs 

 9           through those types of innovations, we want 

10           to make sure we're doing that.

11                  ASSEMBLYMAN CHANG:  Who will use that?  

12           I mean, which developer?  I don't know of a 

13           developer in New York City that does modular.  

14           If you can --

15                  COMMISSIONER VISNAUSKAS:  Happy to 

16           help.  There are definitely examples of 

17           manufactured and modular housing that gets 

18           built in New York City, and we can send you 

19           some examples.

20                  ASSEMBLYMAN CHANG:  Another math 

21           figure here is what's the ideal goal of 

22           reaching market point of affordability in 

23           housing?  What is the availability of housing 

24           between New York State and New York City?


                                                                   82

 1                  COMMISSIONER VISNAUSKAS:  I'm sorry, 

 2           can you say that again?

 3                  ASSEMBLYMAN CHANG:  I mean, what's -- 

 4           when we say about shortages, at what point is 

 5           where the shortages doesn't really become 

 6           shortages, they just become more de facto?  

 7           At what point?

 8                  COMMISSIONER VISNAUSKAS:  So when we 

 9           did our research last year on what we 

10           thought, based on job growth, we needed to be 

11           doing on housing, our projections were that 

12           we had built 400,000 units of housing over 

13           the last 10 years.  We thought if everything 

14           stayed the same, we would build 400,000 units 

15           over the next 10 years.  

16                  But based on job growth in the State 

17           of New York, we needed to about double that 

18           production, which is very hard to do, to get 

19           to about 800,000 units.

20                  So I think we feel like until we 

21           really see substantial increases in 

22           production, that sort of supply and the 

23           pressures on housing are going to exist.

24                  ASSEMBLYMAN CHANG:  Again, a math 


                                                                   83

 1           question here.  The population of New York 

 2           State is barely 20 million, probably less 

 3           than that.  In the past 10 years we lost a 

 4           half a million people to Texas and to 

 5           Florida.  We might be in danger of losing 

 6           those jobs because of proposed tax increases 

 7           for millionaires and all that, so that would 

 8           drive away potential growth.  How do you -- 

 9           how do you project this job growth?

10                  (Time clock sounds.)

11                  CHAIRWOMAN KRUEGER:  Thank you.

12                  We have Senator Brisport.  

13                  SENATOR BRISPORT:  Thank you, 

14           Madam Chair.  

15                  And thank you, Commissioner.  

16                  I had a question about the language 

17           for the waiting period for institutional 

18           investors.  Because I do support it and want 

19           to make sure it's as strong as possible.  

20                  I bring this up because deed theft is 

21           a huge issue in my district especially.  It's 

22           rapidly gentrifying, and primarily older 

23           black homeowners are targeted and oftentimes 

24           their home is stolen from them by some of 


                                                                   84

 1           these institutional investors, often by way 

 2           of an LLC.  

 3                  I'm looking at some of the language in 

 4           the way it's defined, and I see things such 

 5           as owning 10 or more residences, having 

 6           $50 million in assets.  I'm just concerned if 

 7           an LLC could get around this definition by 

 8           creating a new and separate LLC that's fresh, 

 9           for the purpose of acquiring a home.  And if 

10           so, was that the intention?

11                  COMMISSIONER VISNAUSKAS:  I think we 

12           wanted to protect small business owners who 

13           might own 10 homes in an upstate community 

14           and operate that as a business, and we didn't 

15           see that as a threat the way we saw 

16           institutional investors, people buying, 

17           right, with other people's funds and who are 

18           buying all cash offers, day of.  Sort of a 

19           different business model.  

20                  So the intent of the language was 

21           really just to distinguish large 

22           institutional from maybe sort of smaller 

23           businesses.  But happy to work with you to 

24           make sure it's strong enough.


                                                                   85

 1                  SENATOR BRISPORT:  I would appreciate 

 2           that.

 3                  And then just to throw out -- my 

 4           second question is on the City of Yes, the 

 5           $1 billion.  I have a very large development 

 6           happening in my district along 

 7           Atlantic Avenue, part of the City of Yes 

 8           proposal.  

 9                  In terms of what is the process 

10           already -- is it in place already for how 

11           certain developments will acquire this 

12           funding or apply for it?

13                  COMMISSIONER VISNAUSKAS:  Well, that 

14           still has to get approved through the budget 

15           process, so it's not in place yet.  

16                  And we would -- we really see this as 

17           a way for us to work directly with the city 

18           on their priorities and where they most need 

19           this investment to go in the City of 

20           New York.  And so that's why it's sort of 

21           written in a flexible manner.

22                  SENATOR BRISPORT:  Okay.  Thank you.

23                  COMMISSIONER VISNAUSKAS:  Yup.

24                  CHAIRWOMAN KRUEGER:  Assembly.


                                                                   86

 1                  CHAIRMAN PRETLOW:  Assemblywoman 

 2           Emérita Torres.

 3                  ASSEMBLYWOMAN TORRES:  Thank you, 

 4           Commissioner.

 5                  I'm really concerned about 

 6           skyrocketing insurance rates and their effect 

 7           on the ability for our multifamily affordable 

 8           housing units to stay afloat.  I read in a 

 9           New York Housing Conference Report that the 

10           average cost is $1700, and that's gone up, 

11           over four years, 103 percent.  

12                  I know that -- I think your office has 

13           been at least alerted to this.  What's the 

14           dialogue been with DFS?  How are -- what are 

15           we doing to try and control some of these 

16           insurance costs?  

17                  COMMISSIONER VISNAUSKAS:  It's 

18           challenging for sure, right?  It's a real 

19           private market issue, and it's impacting, for 

20           us, owners downstate, upstate, small 

21           buildings, large buildings, public housing 

22           authorities across the board.

23                  We are trying to work with our owners 

24           to stabilize their buildings to allow them to 


                                                                   87

 1           make capital investments so they can drive 

 2           down their sort of risk profile as it relates 

 3           to insurance providers.  

 4                  There has been a captive that was 

 5           created in New York City so, to the extent 

 6           that our owners want to join that, we want to 

 7           work with them if they need to make capital 

 8           investments in their property to be eligible.

 9                  So it's a hard issue really sort of 

10           nationally, and we are sort of taking the 

11           approach that we are working certainly with 

12           all the owners in our portfolio to get them 

13           on steady footing so that they can try to 

14           drive their costs down.

15                  ASSEMBLYWOMAN TORRES:  Because that 

16           is -- it's been a real challenge, especially 

17           in the Bronx.  Affordable housing developers 

18           have been refused, they've been told that 

19           they can't reinsured.  So hopefully it's 

20           something that we can work on.

21                  The other issue I want to talk about 

22           is the toxic flipping.  We have in the Bronx 

23           single-family, multifamily homes, and the 

24           elderly in particular have been targeted.


                                                                   88

 1                  I'm wondering, on your end, are there 

 2           any resources, educational or otherwise, 

 3           protection particularly for elders who are 

 4           being attacked, pretty much like targeted, 

 5           attacked?

 6                  COMMISSIONER VISNAUSKAS:  Yes.  I 

 7           mean, we'd love to work on that with you.  

 8           Last year we did some -- what we thought were 

 9           really meaningful strengthenings to the deed 

10           theft provisions in the law to make sure that 

11           that could help be a deterrent to that.

12                  I think to the extent that there's 

13           other things we can do from an outreach or 

14           communications or statutory perspective, 

15           it's -- we are as troubled by the issue as 

16           you are, and be happy to work with you on it.

17                  ASSEMBLYWOMAN TORRES:  Awesome.

18                  And then with my couple of seconds of 

19           time, another issue that's come up in the -- 

20           the extent the state is involved is, you 

21           know, we have a lot of affordable housing 

22           units in the Bronx, right?  Affordable, 

23           quote, unquote.

24                  And what I notice and some of what my 


                                                                   89

 1           constituents tell me is, oh, well, these are 

 2           studios, or these are one-bedroom apartments.  

 3           I don't see that we're building for families 

 4           in the Bronx.

 5                  And I don't know what the dialogue is 

 6           like with the city, but I'd love to learn 

 7           more about how we are determining the unit 

 8           types, how we're working with developers to 

 9           determine the unit types and how we're 

10           building for the future for families and 

11           children.

12                  COMMISSIONER VISNAUSKAS:  Absolutely.  

13           We also take priority in making sure that we 

14           have family-size units in the buildings that 

15           we develop.

16                  We also want to get as many units 

17           built as we can.  And there's a need for ones 

18           as well twos and threes, so -- but happy to 

19           talk to you more how we could make sure we're 

20           meeting your needs.

21                  ASSEMBLYWOMAN TORRES:  Thank you.  

22                  CHAIRWOMAN KRUEGER:  Senator Cleare.  

23                  SENATOR CLEARE:   Good afternoon, 

24           Commissioner.  Good to see you.  


                                                                   90

 1                  In the case of state-owned land, which 

 2           is a precious, scarce resource, especially in 

 3           my district -- and specifically, you know I'm 

 4           talking about the Seneca project -- is there 

 5           a way to use the City of Yes funding, to use 

 6           any other funding to ensure that this 

 7           project, when it is built, will be truly 

 8           affordable?  Not at the current rate of 

 9           basically upwards to 44,000 a year for a unit 

10           in a community that the average income is 

11           $55,000 a year pretax income.  

12                  How can we make affordability a 

13           reality on state-owned land projects like 

14           this?  

15                  COMMISSIONER VISNAUSKAS:  Thanks for 

16           the question.  I think we're happy to 

17           continue to work with all the legislators on 

18           where there is state-owned land, because we 

19           don't have an enormous amount of it in 

20           New York City or the rest of the state.  So 

21           where we do, we have to make sure we are 

22           getting affordability that meets the needs of 

23           the community.

24                  So certainly happy to continue to work 


                                                                   91

 1           with you on that.

 2                  SENATOR CLEARE:   Thank you.  And also 

 3           New York State is the fourth largest 

 4           population of seniors, and growing.  What are 

 5           we doing to factor in enough housing for 

 6           older New Yorkers?  

 7                  Currently I'm hearing upwards to seven 

 8           years waiting lists for people to get into 

 9           senior housing.  If we are able to put more 

10           money into the budget for capital, can DHCR 

11           commit to more affordable housing for our 

12           seniors?  

13                  COMMISSIONER VISNAUSKAS:  I mean, I 

14           think we certainly have a good track record 

15           so far of financing and building new 

16           construction of senior housing.

17                  I think we would also love to work 

18           with you on how we make sure that seniors who 

19           are currently housed in apartments that may 

20           not be suitable for them can also stay 

21           housed.  I think that's sort of an 

22           all-hands-on-deck approach because it's 

23           probably hard for us to build as many senior 

24           units as we need in the time we have.


                                                                   92

 1                  So happy to work with you on that and 

 2           think creatively about other ways to get at 

 3           it.

 4                  SENATOR CLEARE:  Thank you.  I look 

 5           forward to that.

 6                  I just want to -- something that was 

 7           mentioned earlier about TPU.  Are they 

 8           looking back proactively, or does it have to 

 9           be generated by a tenant complaint?

10                  COMMISSIONER VISNAUSKAS:  No, we 

11           really take in -- we intake suggestions from 

12           you all, we take it from the local community, 

13           people can call us.  And then we proactively 

14           look at the data to look for inconsistencies, 

15           and we are on our own bringing cases in that 

16           also.

17                  So sort of all of the above.

18                  SENATOR CLEARE:  And last, Project 145 

19           in my district, which we do want to see 

20           deeper affordability.  A project like that 

21           built to market can tip the scales and 

22           really, really contribute to the great exodus 

23           of Black families out of the community.

24                  How can DHCR be helpful?  HCR, I'm 


                                                                   93

 1           sorry, be helpful?

 2                  COMMISSIONER VISNAUSKAS:  That's okay.

 3                  I don't know the ins and outs of that 

 4           project, but I think we are always happy to 

 5           be talking about affordability and projects 

 6           built in the City of New York.

 7                  SENATOR CLEARE:  I would like to 

 8           follow-up with your team.  Thank you.

 9                  COMMISSIONER VISNAUSKAS:  Yup.

10                  CHAIRMAN PRETLOW:  Assemblywoman 

11           Chantel Jackson.

12                  ASSEMBLYWOMAN JACKSON:  Thank you, 

13           Chair.

14                  Hi, Commissioner.  Always good to talk 

15           to you and your team.

16                  I want to start with the Governor's 

17           proposal to reduce property taxes for 

18           Mitchell-Lamas for more than 5 percent.  

19           What's the estimated amount they pay now?

20                  COMMISSIONER VISNAUSKAS:  So many of 

21           the Mitchell-Lamas in New York City and the 

22           rest of the state pay 10 percent shelter 

23           rent.  It's sort of a formula.  And so this 

24           bill would drop that 10 percent to 5 percent 


                                                                   94

 1           automatically; in New York City, allow 

 2           New York City to drop it further should they 

 3           so choose; and the rest of the state has to 

 4           opt into the change.

 5                  ASSEMBLYWOMAN JACKSON:  Okay, sounds 

 6           good.

 7                  Part of my problem -- because you know 

 8           I live in a Mitchell-Lama, advocate often for 

 9           them -- is that we let the property 

10           deteriorate for, you know, a long period of 

11           time.  And I know you guys do a yearly needs 

12           assessment.  But what enforcement do you have 

13           to make sure that people take care of the 

14           issues that you see come forth?

15                  COMMISSIONER VISNAUSKAS:  I mean, the 

16           Mitchell-Lama stock is privately owned and 

17           privately managed.  And so we really try to 

18           make sure that year over year, as people are 

19           working with us and sending their materials 

20           to us, that we are pushing them to do capital 

21           needs assessments so that they understand 

22           what repairs are needed and what those 

23           repairs cost.

24                  And then we are happy to work with 


                                                                   95

 1           them on financing to get that work done.  But 

 2           we do need the owners and the housing 

 3           companies to be doing those capital needs 

 4           assessments so we actually know what their 

 5           capital needs really are.

 6                  ASSEMBLYWOMAN JACKSON:  Okay.  So it 

 7           doesn't sound like there's much to the 

 8           enforcement part.  Like you tell them what 

 9           should be done based on the assessment, but 

10           there's no guarantee that people will do what 

11           you said for them to do.

12                  COMMISSIONER VISNAUSKAS:  I mean, in 

13           the case of the co-ops, they are homeowners; 

14           it is their decision what they do in their 

15           buildings.

16                  ASSEMBLYWOMAN JACKSON:  I think part 

17           of the program, though, is that the board has 

18           a lot of control about what gets done and 

19           what doesn't get done, along with the 

20           management company.  

21                  And so residents may not even know 

22           that these problems are occurring and it 

23           should be why their, you know, maintenance 

24           may have to increase for these projects.


                                                                   96

 1                  But I'll move along.  Is there a list 

 2           of state-owned property that we can maybe 

 3           find on the website?

 4                  COMMISSIONER VISNAUSKAS:  I can ask 

 5           ESD, sort of the holder of all that, as to 

 6           whether they have anything published.  I know 

 7           they have released a series of RFPs for 

 8           state-owned land over the course of the last 

 9           year; I think there's been five or six that 

10           have gone out.  

11                  I don't know what else they have 

12           coming out after that, but we can certainly 

13           talk to them about it.

14                  ASSEMBLYWOMAN JACKSON:  Okay.  So ESD 

15           may hold that information.

16                  COMMISSIONER VISNAUSKAS:  They are the 

17           ones who are doing the RFPs for the 

18           state-owned land, yeah.

19                  ASSEMBLYWOMAN JACKSON:  Got it.

20                  And then the 25 million for NYCHA, 

21           part of the City of Yes, we've been putting 

22           capital funding into NYCHA since I've gotten 

23           elected and the drawdown is always an issue.

24                  Is there anything that's going to 


                                                                   97

 1           enforce the drawdown for this 25 million in 

 2           capital?

 3                  COMMISSIONER VISNAUSKAS:  I'm not sure 

 4           if it will end up going through the -- 

 5           normally it goes through DASNY, the 

 6           reimbursement, so we'll have to see how the 

 7           process goes and if this follows that same 

 8           process or not.

 9                  ASSEMBLYWOMAN JACKSON:  I don't like 

10           the process, but okay.

11                  Eight-point-eight million for the Blue 

12           Buffers voluntary buyout program.  Never 

13           heard of it before, good to see it.  However, 

14           what percentage of this is actually spent 

15           down?  How many homes are impacted?

16                  COMMISSIONER VISNAUSKAS:  So we have 

17           just begun to do outreach to communities that 

18           want to participate?  And, you know, it's a 

19           complicated thing, obviously, to have your 

20           home, if you're in a sort of constant, 

21           repeated flood area, to have your home bought 

22           out, both for the municipality and for the 

23           community.

24                  So we have just begun to do outreach.  


                                                                   98

 1           We've engaged an organization who's going to 

 2           go around the state to talk to impacted 

 3           communities about this.

 4                  ASSEMBLYWOMAN JACKSON:  Thank you.

 5                  CHAIRMAN PRETLOW:  Thank you.  

 6                  Senator Tom O'Mara.

 7                  SENATOR O'MARA:  Thank you, Chairman.

 8                  Good afternoon, Commissioner.  Thanks 

 9           for being with us today.  I've just got a 

10           couple of follow-up questions here.  

11                  On the City of Yes program, it's very 

12           vague to me, from what I've seen.  Is there 

13           any specific match or commitment of the City 

14           of New York to be matching this billion or in 

15           any kind of ratio?

16                  COMMISSIONER VISNAUSKAS:  So I believe 

17           the City of New York put in $2 billion into 

18           the City of Yes.  

19                  And I know that the Governor put in 

20           $1 billion.  The billion that is coming from 

21           the state budget is specifically for housing, 

22           so we would anticipate that would go -- sort 

23           of to your comment about the language -- into 

24           the types of uses that are in the 


                                                                   99

 1           appropriation language.

 2                  SENATOR O'MARA:  But there's no -- as 

 3           I understand it from the questioning today 

 4           and what I've read in the budget, there's no 

 5           real detailed outline of how this billion 

 6           dollars for the City of Yes is to be spent.  

 7           That's correct, at this point?  

 8                  COMMISSIONER VISNAUSKAS:  It's 

 9           flexible in terms of new construction, 

10           preservation, Mitchell-Lamas, NYCHA.  Both 

11           the City of New York housing agency as well 

12           as we at the state have programs, so we would 

13           anticipate it would go through our sort of 

14           programmatic channels.  And there are some 

15           standards in all those programs.

16                  SENATOR O'MARA:  Of those spending 

17           areas that you outlined there, Mitchell-Lama, 

18           NYCHA, preservation, where do you prioritize 

19           the spending need?  

20                  COMMISSIONER VISNAUSKAS:  Yeah, I 

21           would say we would work -- happy to work with 

22           you all, happy to work with the city on what 

23           the priority is for that.  I think there's 

24           need across all those categories.


                                                                   100

 1                  SENATOR O'MARA:  It is concerning to 

 2           me, with the lack of detail, and it frankly 

 3           should be to everybody in the Legislature on 

 4           these kinds of dollars.  

 5                  You know, the Governor has in her 

 6           budget the Sustainable Futures Program, which 

 7           is for energy -- again, no detail, another 

 8           billion dollars, on where that's going to go.  

 9                  We heard from Senator Helming about 

10           certainly our concerns upstate with energy 

11           capacity and access to that for new housing 

12           projects.  We see it in any economic 

13           development project we have in upstate 

14           New York, the inability to get the power 

15           that's needed for new manufacturing, for 

16           whatever, housing included.

17                  So we really need to get more details 

18           on these programs.  And I'm certainly not 

19           asking you about Sustainable Futures.  But on 

20           the City of Yes program, is it the intention 

21           of the Executive to be negotiating that kind 

22           of detail in this proposal throughout the 

23           next month for us to get to a final budget so 

24           that detail is in there and it's not just a 


                                                                   101

 1           flat 1 billion dollar lump sum to New York 

 2           City?  

 3                  Because to my understanding, there is 

 4           no specific funding proposal out there for 

 5           the rest of the state.

 6                  COMMISSIONER VISNAUSKAS:  I would say 

 7           I would imagine it would be part of the 

 8           discussions that happen from now till the end 

 9           of the budget process.

10                  But I would also say that we have at 

11           the state various funding programs, three or 

12           four new construction, four Mitchell-Lama, 

13           four preservation.  And so we would 

14           anticipate that the funding would get spent 

15           the same way we spend capital dollars that we 

16           get from the Legislature for our other 

17           programs in those same sort of buckets of 

18           affordable multifamily new construction and 

19           so forth, so.  

20                  SENATOR O'MARA:  Okay, thank you.

21                  COMMISSIONER VISNAUSKAS:  Yup.

22                  CHAIRMAN PRETLOW:  Assemblyman Chris 

23           Burdick.

24                  ASSEMBLYMAN BURDICK:  Thank you, 


                                                                   102

 1           Commissioner, and for the work that you're 

 2           doing.  I was very pleased to see so many 

 3           initiatives there and the progress on the 

 4           five-year plan and the 100 million in the 

 5           Executive Budget for pro-housing development 

 6           and community projects.  And I had mentioned 

 7           to you before the hearing that, working with 

 8           colleagues, we'd like to increase that.

 9                  I have a question regarding 

10           certification.  And let's take a municipality 

11           that submits the required documents.  Would 

12           you feel that if the community does that and 

13           completes a housing needs assessment and 

14           housing plan, would the pledge to carry it 

15           out, would that meet certification?

16                  COMMISSIONER VISNAUSKAS:  I think we 

17           would be happy to work with you if we need to 

18           evolve the program to meet more needs of more 

19           communities.  

20                  I think our -- so our two paths right 

21           now are sort of an affirmation that's passed 

22           locally, right, and building -- and actually 

23           building.  So I think if we think that we 

24           need to be up a new path.


                                                                   103

 1                  ASSEMBLYMAN BURDICK:  I have a 

 2           different question.  

 3                  I asked one of my communities the 

 4           obstacles to getting certification, and the 

 5           reply was:  "I think it is more that I can't 

 6           see what the benefit would be.  What we need 

 7           is funding to improve infrastructure, to 

 8           accommodate more housing, or grants to go 

 9           directly to support, incentivize more housing 

10           where we can already do it.  Not, quote, 

11           potential opportunities for grants after the 

12           fact."

13                  So, you know, you've got sort of a 

14           double green light.  You first have to get 

15           the certification, which is going to cost 

16           money, planning money and so forth.  But then 

17           you have to apply for the grant, which you 

18           may or may not get.  And I'm wondering what 

19           kind of reply we have for her.

20                  COMMISSIONER VISNAUSKAS:  I mean, I 

21           think we feel very proud about the fact that 

22           there are $650 million available in the 

23           budget, and hopefully this year even more 

24           that's available exclusively -- while it 


                                                                   104

 1           would have been to all 1500 localities across 

 2           the state, it's now available to 278, who --

 3                  ASSEMBLYMAN BURDICK:  No, I saw that.

 4                  COMMISSIONER VISNAUSKAS:  -- can be 

 5           eligible, right?  I think that's really 

 6           showing those communities that are -- want to 

 7           be pro-housing that we want to meet them 

 8           where they are, we care, we want to give them 

 9           investment.

10                  And the funding is intended to be, as 

11           you -- for infrastructure and other things 

12           that allow --

13                  ASSEMBLYMAN BURDICK:  For 

14           infrastructure.  So -- sorry to interrupt, 

15           but -- so a lot of those programs are not 

16           necessarily directly infrastructure-related.  

17           And I'm wondering if you've been giving any 

18           thought to expanding the programs that might 

19           provide grant funding and the kind of funding 

20           that is mentioned here in that text.

21                  COMMISSIONER VISNAUSKAS:  So we heard 

22           two things this past year.  One is:  We need 

23           technical assistance, we need grant dollars 

24           so that if we want to do a rezoning or we 


                                                                   105

 1           want to do an electric -- an e-file 

 2           permitting system -- and so we have funding 

 3           in the budget this year to give the 

 4           localities, to do master plans and zoning, 

 5           grant dollars.

 6                  And then secondly we heard 

 7           infrastructure dollars, whether that's water 

 8           and sewer or electricity, as the Senator 

 9           said.  We have that.

10                  ASSEMBLYMAN BURDICK:  So the dollars 

11           for technical would include grant funding for 

12           doing planning?

13                  COMMISSIONER VISNAUSKAS:  Yes, 

14           definitely.

15                  ASSEMBLYMAN BURDICK:  They would.

16                  COMMISSIONER VISNAUSKAS:  Yes.

17                  ASSEMBLYMAN BURDICK:  So it isn't just 

18           from HCR, but it would also be potentially to 

19           give grants.

20                  COMMISSIONER VISNAUSKAS:  Yeah, grants 

21           for planning, absolutely.

22                  ASSEMBLYMAN BURDICK:  Super.  Thank 

23           you.  

24                  CHAIRWOMAN KRUEGER:  Thank you.


                                                                   106

 1                  Senator Shelley Mayer.

 2                  SENATOR MAYER:  Thank you, Chair.

 3                  Hello, Commissioner.

 4                  COMMISSIONER VISNAUSKAS:  Hi.

 5                  SENATOR MAYER:  You know, I'm very 

 6           interested in development of co-ops and 

 7           condos as an affordable form of home 

 8           ownership, and the state seems, frankly, 

 9           quite a bit behind in considering this as the 

10           way to enhance affordable housing.  

11                  Last year there was 75 million for the 

12           Housing for the Future homeownership plan.  

13           There's nothing in I think, this year, the 

14           Executive Budget.  Did you spend any of that?  

15           And were any new co-ops or condos begun under 

16           that program?  

17                  COMMISSIONER VISNAUSKAS:  So we have a 

18           funding line called Affordable Housing 

19           Opportunities Program.  That is our primary 

20           homeownership funding source.  It had 

21           $400 million in it that we funded two years 

22           ago.  I can come back to that.

23                  But to answer your specific question, 

24           for the Housing for the Future, our term 


                                                                   107

 1           sheet is up.  We haven't gotten any 

 2           applications to use that funding, to date.  

 3           But we do continue to fund homeownership 

 4           through our Affordable Housing Opportunities 

 5           Program.  We had $400 million.  We are well 

 6           in -- we have committed a majority of that 

 7           funding.

 8                  We didn't have it in our first housing 

 9           plan, just in our second, so I would 

10           acknowledge --

11                  SENATOR MAYER:  Just as a question, 

12           have any new co-ops or -- particularly co-ops 

13           started with that funding?

14                  COMMISSIONER VISNAUSKAS:  Yes.  With 

15           our affordable housing opportunities program, 

16           yes, we have funded co-ops with that.  We can 

17           send you a list.

18                  SENATOR MAYER:  Yes.

19                  Secondly, you know, in the suburbs 

20           many municipalities have these set-asides for 

21           affordable housing with the creation of new 

22           market-rate rental, which is completely 

23           unaffordable to the vast majority of my 

24           constituents.


                                                                   108

 1                  Do you provide any guidance on what is 

 2           deemed affordable?  And I don't mean 

 3           percentage of AMI, I mean whether they're 

 4           entitled to lease renewal, whether they're 

 5           entitled to rent protection.  Because the 

 6           concept of affordable is a very shady one, 

 7           frankly, in some of these municipalities.

 8                  COMMISSIONER VISNAUSKAS:  I'm not sure 

 9           if this is answering your question, but I 

10           think I would say that last year when we 

11           passed the good-cause provisions in the 

12           process, that that provides municipalities 

13           who opt into it with sort of that 

14           rent-gouging kind of protection --

15                  SENATOR MAYER:  It doesn't apply --

16                  COMMISSIONER VISNAUSKAS:  -- for 

17           tenants.

18                  SENATOR MAYER:  Just as -- it doesn't 

19           apply to new buildings, so that --

20                  COMMISSIONER VISNAUSKAS:  Yes, it 

21           would apply in municipalities that had an 

22           existing stock, that is true.

23                  SENATOR MAYER:  Lastly, on resilient 

24           and ready, which I know you've worked on 


                                                                   109

 1           funding for flood preparedness, again, it 

 2           didn't include co-ops and condos in the prior 

 3           iteration.

 4                  Is there any way you could extend 

 5           that?  Because in many communities, including 

 6           mine, where flooding has been a disaster, 

 7           co-ops and condos had all these costs 

 8           associated with rebuilding, and none of it is 

 9           covered through this program.

10                  COMMISSIONER VISNAUSKAS:  Yes, let's 

11           continue to talk about that.

12                  SENATOR MAYER:  Okay.  Thank you very 

13           much.

14                  COMMISSIONER VISNAUSKAS:  Mm-hmm.

15                  CHAIRWOMAN KRUEGER:  Thank you.  

16                  Next is Assemblywoman Levenberg.

17                  ASSEMBLYWOMAN LEVENBERG:  Thank you so 

18           much, Chair.

19                  And thank you, Commissioner, for your 

20           testimony.  

21                  I wanted to just follow-up on some of 

22           my colleagues' discussions about the 

23           Pro-Housing Communities Program outside of -- 

24           obviously outside the city.  I'm really glad 


                                                                   110

 1           to hear there's 278.  How many are in the 

 2           process above and beyond that?  

 3                  And also, how much of the money has 

 4           actually gone out the door to those 

 5           communities?  And where are we with the 

 6           beginnings of actually seeing building taking 

 7           place?

 8                  COMMISSIONER VISNAUSKAS:  So we have, 

 9           I would say, another 150-ish localities that 

10           have submitted letters of intent, and they 

11           were working with them.  It could be closer 

12           to 200.

13                  We made some first awards, I think it 

14           was 100 or $125 million of the first set 

15           of -- that were just announced I think in the 

16           last month or so.  But we could follow up and 

17           get you a detailed list.

18                  And -- what was your third question?

19                  ASSEMBLYWOMAN LEVENBERG:  I forget.

20                  (Overtalk.)

21                  ASSEMBLYWOMAN LEVENBERG:  How much 

22           money --

23                  COMMISSIONER VISNAUSKAS:  Oh, how many 

24           units, how much of the housing has started 


                                                                   111

 1           building.

 2                  ASSEMBLYWOMAN LEVENBERG:  You just 

 3           answered that question, the money's just 

 4           getting out the door.

 5                  COMMISSIONER VISNAUSKAS:  Yes.  And I 

 6           think in terms of housing happening -- or the 

 7           problem with housing, right, it sort of takes 

 8           a long time to get there.  And so we -- I 

 9           don't know that we can see yet, we're like a 

10           year and a half in, whether the program is -- 

11           but we -- it's our goal and we're going to 

12           keep being transparent about what's happening 

13           so we can see it.

14                  ASSEMBLYWOMAN LEVENBERG:  And just a 

15           follow-up, I think we are hearing also from 

16           communities about needing more money for the 

17           planning and for comprehensive plans for the 

18           housing action plans and housing needs 

19           assessments. 

20                  So, you know, we've definitely 

21           advocated for more money specifically for -- 

22           you know, for the entire program that's also 

23           specifically for that planning money.  I 

24           think that that's really necessary.


                                                                   112

 1                  And I wanted to just find out a little 

 2           bit more about how is good-cause working?  I 

 3           think you just mentioned a little bit about 

 4           it to my colleague Senator Mayer.  But how is 

 5           it working outside the city?  How many 

 6           communities have you seen opt in?  And, you 

 7           know, it seems like it may need a little bit 

 8           more help outside the city.

 9                  COMMISSIONER VISNAUSKAS:  There are 

10           about 10-ish communities that have opted in.  

11           We can circle up with all the names as we 

12           know them as of today.

13                  And I think that it's early, I think.  

14           Right?  I think so.  I don't know that we 

15           know yet whether it's sort of working or not 

16           working or what's working about it.

17                  ASSEMBLYWOMAN LEVENBERG:  Okay.  And 

18           then just to underscore the need for 

19           infrastructure, money is really, again, what 

20           we hear from so many communities saying, you 

21           know, all of this stuff is sort of -- whether 

22           it's an unfunded mandate or we're not going 

23           to be able to build anything if we can't get 

24           drinking water and stormwater infrastructure 


                                                                   113

 1           in place.

 2                  So, you know, there is legislation out 

 3           there to actually help get the drinking water 

 4           grants out the door.  I think I mentioned to 

 5           you in a T&C that's really -- could really be 

 6           helpful for engineering planning grants to 

 7           actually help the communities, because a lot 

 8           of that money is just -- it isn't getting out 

 9           the door.  And a lot of these communities, 

10           again, need the planning money to get the 

11           engineers -- 

12                  COMMISSIONER VISNAUSKAS:  Yup, 

13           understand -- 

14                  ASSEMBLYWOMAN LEVENBERG:  -- someplace 

15           to get the grants.

16                  COMMISSIONER VISNAUSKAS:  Okay.

17                  ASSEMBLYWOMAN LEVENBERG:  Thank you.  

18                  CHAIRWOMAN KRUEGER:  Thank you.  

19                  I believe I'm the last Senator for the 

20           first round, so I'll take my 10 minutes now 

21           and then I'll continue through the 

22           Assemblymembers.  Thank you.

23                  So we've put $4.5 billion into a 

24           five-year Housing Plan.  The questions I keep 


                                                                   114

 1           getting are -- because I think it was 

 2           supposed to be 10,000 supportive housing 

 3           units within that plan.  Where are we on that 

 4           schedule?  People are desperate, desperate, 

 5           desperate for more supportive housing units 

 6           in my city.  

 7                  I have business groups begging me to 

 8           move this faster.  They say there's 

 9           250 million for specifically supportive 

10           housing that groups are trying to get, and 

11           they're not allowed to.  

12                  So help me understand where we are on 

13           all this.

14                  COMMISSIONER VISNAUSKAS:  I don't know 

15           what that "not allowed to" would be 

16           referencing.  

17                  But we -- the 10,000 units is 

18           7,000 new units and 3,000 units of 

19           preservation of supportive housing.  We are 

20           sort of well on track, I don't know the exact 

21           number -- but we can get it to you -- of the 

22           7,000 where we are halfway through.  But we 

23           track about halfway on everything.  

24                  We do an enormous amount of supportive 


                                                                   115

 1           housing.  It's in almost everything that we 

 2           finance across the state, because the need -- 

 3           whether it's seniors or youth aging out of 

 4           foster care or vets, right, across the 

 5           board -- people in their communities are 

 6           including it.  

 7                  So happy to follow up with you on our 

 8           supportive housing.  We are certainly meeting 

 9           our commitments there.  

10                  The preservation of supportive housing 

11           has been harder for us.  I think those 

12           buildings are more challenged, and we are 

13           really trying to -- we want that money to get 

14           out the door as fast as it can because the 

15           buildings need it.  So that's an area we've 

16           worked with SHNNY to try to get more 

17           production.

18                  CHAIRWOMAN KRUEGER:  And why would 

19           preservation be harder than building new?  

20                  COMMISSIONER VISNAUSKAS:  I think that 

21           it's hard for organizations who are running 

22           buildings to sometimes sort of stop and have 

23           capacity to hire a consultant, get a 

24           contractor, figure out the needs, take the 


                                                                   116

 1           whole building through a construction 

 2           process.  You know, preservation is 

 3           disruptive.  

 4                  So I think those projects have been a 

 5           little harder to get started.  But we're very 

 6           committed to them and meet with SHNNY very 

 7           often to talk about getting those dollars out 

 8           the door.

 9                  CHAIRWOMAN KRUEGER:  And you'll be 

10           able to get us some breakdown data of the 

11           money that's been spent.

12                  COMMISSIONER VISNAUSKAS:  Yeah.  

13           Absolutely.

14                  CHAIRWOMAN KRUEGER:  Thank you.

15                  And you mentioned it already, but the 

16           other issue for me, senior citizens who are 

17           being priced out of the homes -- the 

18           apartments they have lived in -- I'm 

19           Manhattan -- their whole lives.  And no 

20           matter what we do, we simply can't come up 

21           with the math to make those apartments 

22           affordable for them.  

23                  So is there any housing model that you 

24           are investing in specifically to help seniors 


                                                                   117

 1           stay in their communities?  

 2                  COMMISSIONER VISNAUSKAS:  I would say 

 3           a couple of things.

 4                  We certainly finance a lot of housing 

 5           that is sort of investing in existing housing 

 6           to make sure that where we need to be doing 

 7           modifications to apartments, as with the 

 8           Department of Preservation, so that people 

 9           can stay in houses that weren't built with -- 

10           or in buildings that weren't built with -- to 

11           accommodate seniors.  

12                  But we produce a lot of new 

13           construction for senior housing, as I've said 

14           to the Senator, right?  Not as much as the 

15           demand, but that is true across all 

16           categories, I think.  

17                  And so I think we'll -- happy to sort 

18           of continue to work with you, think there's 

19           other creative ways we can make sure we can 

20           keep the senior population stably housed.

21                  CHAIRWOMAN KRUEGER:  Okay.  And you 

22           answered a question earlier about the private 

23           investment funds buying up single-family 

24           homes.  I have to tell you, I think the 


                                                                   118

 1           numbers are much larger in New York State 

 2           than you think.  

 3                  I mean, based on national data, we've 

 4           gone from a thousand houses owned by private 

 5           equity companies about 20 years ago to nearly 

 6           a million in the last report coming out of 

 7           Congress -- in a very short time frame.  It's 

 8           sort of startling.  And it's impacting 

 9           affordability of housing throughout the 

10           country.  So I just know it's bigger than you 

11           and I both think.  

12                  So I'm glad the Governor has in her 

13           budget a longer time frame for them to have 

14           to I guess wait before they can make the 

15           buy --

16                  COMMISSIONER VISNAUSKAS:  Offer, yeah.

17                  CHAIRWOMAN KRUEGER:  But I have a bill 

18           that would actually limit their buying them, 

19           because I would put a significant tax on them 

20           and use that tax revenue to help build more 

21           affordable housing.  And if they want to sell 

22           off that housing so it goes back to being the 

23           private housing it's supposed to, that would 

24           lower their tax bill.  


                                                                   119

 1                  What do you think of my bill?

 2                  COMMISSIONER VISNAUSKAS:  I think we 

 3           looked across the state at what other -- I 

 4           mean across the country at what different 

 5           states were doing.  As I said before, we 

 6           really heard about the sort of buying first 

 7           day as a real problem, and houses coming off 

 8           of MLS as soon as they are listed.  

 9                  So I think we felt really -- felt very 

10           strongly that the 75-day waiting period was a 

11           way to get people a chance to actually buy a 

12           house.  And, you know, we worked with other 

13           parts of the Executive on the other piece of 

14           the bill, which is about removing the 

15           deductions available to institutional 

16           investors that single-family homeowners can 

17           take, and removing those as a way to make 

18           the -- the investing in that business sort of 

19           less lucrative.  And we felt that was the 

20           right approach.

21                  CHAIRWOMAN KRUEGER:  Again, I'm not 

22           opposed to the Governor's proposal, I just 

23           think these companies are way more 

24           sophisticated than we are as private buyers, 


                                                                   120

 1           and they will just figure out to how to play 

 2           out the 75-day clock without any impact on 

 3           the numbers being purchased.  

 4                  So I don't want us to have false hope 

 5           that that will actually change behavior 

 6           significantly.

 7                  So today, even though this is an 

 8           energy question, everything we're talking 

 9           about with energy overlaps with housing.  One 

10           of my colleagues said there's not enough 

11           electricity in a certain part of her district 

12           to build more housing.  

13                  I just came across this article today 

14           that the city's model to put electric heat 

15           pumps into public housing -- and they piloted 

16           at a specific Queens public housing -- so I 

17           don't know if anyone's here from Queens right 

18           now --

19                  SENATOR KAVANAGH:  In Woodside.

20                  CHAIRWOMAN KRUEGER:  Yes, in Woodside, 

21           thank you.  

22                  -- and that the results were 

23           phenomenal.  We're talking about -- sorry, 

24           where's my numbers -- something like 


                                                                   121

 1           87 percent lowering of the costs.  And it was 

 2           much cheaper to insulation than imagined.  It 

 3           was much quicker.  And now it's basically 

 4           going to save everyone who lives there and 

 5           public housing an enormous amount of money.  

 6                  And I'm asking you, what kind of 

 7           programs are we doing in coordination between 

 8           our energy agencies and our resources to 

 9           support these models and you?  Because you're 

10           the one who knows where all this housing is 

11           and what it needs all over the state.  

12                  And I am just -- you know, NYCHA 

13           doesn't necessarily get that many big 

14           applause rounds, but I'm just blown away at 

15           how effective this whole storyline was.  And 

16           I live in a city of 8.5 million people, most 

17           living in giant multi-dwelling buildings.  

18                  So what do we know?  What can we do 

19           together?  

20                  COMMISSIONER VISNAUSKAS:  Yes, I 

21           totally agree with everything you said.  And 

22           we, as you know, switched sort of all of our 

23           production on the new construction side to 

24           all-electric several years ago, a little bit 


                                                                   122

 1           ahead of the curve, but on the heels of the 

 2           CLCPA.  

 3                  We paid for that to sort of prime the 

 4           industry to make sure that there are products 

 5           that can do that downstate, upstate, 

 6           multifamily, small houses, all the things 

 7           that we touch.  And also that there's a 

 8           workforce that can fix them and maintain 

 9           them.

10                  We work really closely with NYSERDA.  

11           We get some funding from them, and we work 

12           really closely with them on our initiatives 

13           to make sure from like a technology 

14           perspective -- but we have our own team at 

15           HCR.  We have a set of sustainability 

16           guidelines that we use for our new 

17           construction and our preservation projects.  

18                  To the extent that NYCHA is something 

19           that is leading the way, we are happy to work 

20           with them on adapting that technology for the 

21           buildings that we finance too.  I think that 

22           was sort of the intent of NYCHA's buying 

23           power, was actually to get the market to 

24           respond in a way that most other owners can't 


                                                                   123

 1           get, to create new technologies.

 2                  So I think hopefully this is paving 

 3           the way for more of that work performed to 

 4           multifamily buildings in New York City.  

 5                  CHAIRWOMAN KRUEGER:  I think when you 

 6           answered a question earlier we were also 

 7           saying there was 100 million left for upstate 

 8           public housing.  And I gather, because -- 

 9           perhaps harder to get some of that money 

10           spent, I don't know.  But I would urge you to 

11           maybe take a look at this model for these 

12           facilities also, because they're older.

13                  COMMISSIONER VISNAUSKAS:  Yes.

14                  CHAIRWOMAN KRUEGER:  And so the 

15           potential -- again, I'm a huge supporter of 

16           geothermal, but the -- but it's not just 

17           private houses.  You can do amazing things 

18           with retrofits of geothermal in big, older 

19           buildings.  Because let's face it, it's not 

20           like the NYCHA complexes were in such 

21           fabulous shape that made it easier.  And the 

22           fact that it's worked so well, so quickly, 

23           with such enormous savings, is just like -- 

24           we shouldn't forget about the win/wins we 


                                                                   124

 1           have.

 2                  COMMISSIONER VISNAUSKAS:  Absolutely.

 3                  CHAIRWOMAN KRUEGER:  Okay.  I also 

 4           have a bill to deal with a land lease crisis 

 5           in New York City for -- I think it's 

 6           estimated to be over 100,000 units in 

 7           buildings throughout four of the five 

 8           boroughs.  

 9                  And I'm wondering whether, even if you 

10           can't comment on my bill, you've got a better 

11           answer.  Because these people are basically 

12           middle-class people who ended up in co-ops 

13           that are land leased and suddenly, because of 

14           the skyrocketing value of land, they're 

15           literally sitting in buildings where the 

16           landowners are saying, I'm going to go up 

17           10 times your rent and you're not going to be 

18           able to stay here.  

19                  Got an answer?  

20                  COMMISSIONER VISNAUSKAS:  It's a very 

21           challenging issue.  We've been working on it 

22           for multiple years with members of the 

23           Legislature.  

24                  I -- we have not found a way that we 


                                                                   125

 1           thought was the most legal way to get at what 

 2           is a challenging issue.  It also crosses us 

 3           not just on a policy issue but also into 

 4           our -- on the rent stabilization side of the 

 5           house, just some of the impacts there.  

 6                  So we would be happy to continue to 

 7           work with the Legislature.  We agree it's a 

 8           really important issue.

 9                  CHAIRWOMAN KRUEGER:  So Linda 

10           Rosenthal and I carry a bill together.  We've 

11           modified it, so I'm urging you to take a 

12           look, because we think we have an answer now.  

13           And we need to come up with an answer.  

14                  So thank you.  My 10 minutes are up.  

15           Oh, and I'm playing Assembly also.

16                  So to continue, Assemblymember Kelles.

17                  ASSEMBLYWOMAN KELLES:  Fantastic.  

18           Wonderful to see you.  

19                  So a few questions.  The first one, 

20           just getting a sense of timeline, you know 

21           Ithaca's crisis, housing crisis.  We've 

22           actually had a 50 percent increase in 

23           homeless children in the last two years.  

24           It's been an increase of 274 percent in the 


                                                                   126

 1           last 14 years in homeless children.

 2                  So my concern is I guess, first, what 

 3           programs you have, affordability programs, to 

 4           address this need.

 5                  COMMISSIONER VISNAUSKAS:  So thank you 

 6           for the question.  It's a terrible stat.  You 

 7           are lucky in Ithaca that you actually have a 

 8           handful of really tremendous housing 

 9           organizations that support especially 

10           low-income New Yorkers.

11                  We work really closely on a lot of 

12           supportive housing projects in Ithaca and the 

13           surrounding area, and many of those are 

14           serving sort of vulnerable populations where 

15           there is a lot of childhood poverty as well.  

16                  I think to the extent that we're not 

17           meeting -- I'm not sure we can meet the need 

18           statewide because the need is great, but I 

19           think happy to sort of partner with you on 

20           new things we could do.

21                  ASSEMBLYWOMAN KELLES:  Absolutely.

22                  I just -- how long does it usually 

23           take to get a project -- my concern, I 

24           guess -- I have a couple of things.  The 


                                                                   127

 1           Low Income Housing Tax Credit is one 

 2           project -- way overprescribed {sic}.  We 

 3           can't do half -- not even half the projects 

 4           in my districts alone that are trying to 

 5           get -- I have projects that have been 

 6           applying for three, four years, can't get it.  

 7           So I have that concern.  But then it takes 

 8           three or four years to develop.  We can't 

 9           really tell kids, be homeless for three to 

10           four years, wait, we'll get you into a house 

11           then.

12                  So anything to do more short-term?

13                  COMMISSIONER VISNAUSKAS:  So we a 

14           couple of years ago significantly increased 

15           the breadth of the things that we offer as an 

16           agency in terms of capital reserves for 

17           projects that can get done outside of our tax 

18           credit and bond pipeline, exactly for that 

19           reason.

20                  So we have, as we talked about a 

21           little before, the Small Rental Development 

22           Initiative, we have a homeownership program, 

23           we have a series of other programs that can 

24           create housing in communities outside of our 


                                                                   128

 1           bond program.  They are generally for smaller 

 2           projects, which is oftentimes more 

 3           appropriate and great for sort of an 

 4           upstate-scale redo.

 5                  ASSEMBLYWOMAN KELLES:  The Small 

 6           Rental Development Initiative too is very 

 7           overprescribed {sic}, correct?

 8                  COMMISSIONER VISNAUSKAS:  It's sort of 

 9           a rolling 7 million sort of dollar program.  

10           So we --

11                  ASSEMBLYWOMAN KELLES:  Right.  I think 

12           you had, though, 13 projects, you were only 

13           able to fund how many of those, of those 13 

14           projects?

15                  COMMISSIONER VISNAUSKAS:  I think we 

16           probably funded a little over half last year 

17           of what we got in.

18                  ASSEMBLYWOMAN KELLES:  So we could use 

19           14 -- we could use 14 million, probably, in 

20           that project.  That gives me a good sense of 

21           it.

22                  I saw, too, there are projects -- the 

23           RESTORE and Access to Homes, those are 

24           significantly overprescribed {sic} currently 


                                                                   129

 1           as well.

 2                  COMMISSIONER VISNAUSKAS:  Those are 

 3           wonderful programs we've had for a very long 

 4           time.  They kind of in some years sort of go 

 5           up and down in terms of their -- in terms of 

 6           the demand.  But we can always use additional 

 7           funding in those.

 8                  ASSEMBLYWOMAN KELLES:  I'm just seeing 

 9           across the board a tremendous need for 

10           housing.  Everything is overprescribed {sic} 

11           and underfunded, generally.

12                  But thank you so much.

13                  CHAIRWOMAN KRUEGER:  Thank you, 

14           Assemblywoman.

15                  Next is Assemblywoman 

16           Chandler-Waterman.

17                  ASSEMBLYWOMAN CHANDLER-WATERMAN:  

18           Thanks, Chair.  

19                  Commissioner, thank you for your 

20           testimony today.

21                  So in the Mitchell-Lamas in my 

22           district and throughout -- I'll say 

23           throughout my whole entire district as a 

24           whole, community members are aging in place.  


                                                                   130

 1           And I appreciate my colleagues because they 

 2           mentioned a lot about the older adults aging 

 3           in place and, you know, they're suffering 

 4           because there's not enough affordable, stable 

 5           housing.

 6                  So I want to clarify -- I believe a 

 7           similar question was asked.  What is the 

 8           funding amount used to help our older adults 

 9           age in place?  Did you say an amount that was 

10           being used for this?

11                  COMMISSIONER VISNAUSKAS:  We had, I 

12           think, $300 million, but I could go back and 

13           check, for our senior program in our 

14           five-year Housing Plan.  We've probably spent 

15           at least half of that.  

16                  To date, we're a little -- halfway 

17           through the program, so we'll continue to 

18           spend those.  That's to create new senior -- 

19           construction of new senior units.

20                  We also have multifamily preservation 

21           dollars, which was -- I think it was two or 

22           $300 million from a couple of years ago that 

23           we are spending down that also goes for what 

24           is often like naturally occurring sort of 


                                                                   131

 1           senior housing even if it's not -- wasn't 

 2           that at the get-go.

 3                  ASSEMBLYWOMAN CHANDLER-WATERMAN:  

 4           Okay, I got you.

 5                  And I also know we talked before about 

 6           technical assistance when it comes to 

 7           Mitchell-Lama, their executive board and 

 8           their members.  Where are we at with that 

 9           program?

10                  COMMISSIONER VISNAUSKAS:  So we just 

11           released an RFP recently to provide technical 

12           assistance to Mitchell-Lamas.  It will be 

13           available to the boards to help with 

14           governance and financial guidance and legal 

15           and sort of other needs that they have.

16                  ASSEMBLYWOMAN CHANDLER-WATERMAN:  

17           Okay.  And also, as you know, throughout the 

18           state -- and I know you're working hard on 

19           this, with the flooding and sinkholes.  So 

20           what is HCR doing to address the issues of 

21           homeowners being impacted by the floods and 

22           sinkholes?

23                  COMMISSIONER VISNAUSKAS:  So we had 

24           funding last year, and there is now new 


                                                                   132

 1           funding in the budget this year for two 

 2           different -- one is sort of a resiliency 

 3           program and one is kind of an after-storm 

 4           funding to go to help people repair their 

 5           home.

 6                  So we have two sort of dedicated 

 7           funding sources in this year's budget to help 

 8           storm-impacted areas and houses.

 9                  ASSEMBLYWOMAN CHANDLER-WATERMAN:  

10           Okay.  Is there RFPs for that, for 

11           nonprofits?

12                  COMMISSIONER VISNAUSKAS:  Yes, they 

13           will -- it will get administered, right, by 

14           nonprofits sort of regionally where the 

15           storms hit.

16                  ASSEMBLYWOMAN CHANDLER-WATERMAN:  

17           Okay.  And an RFP is not out yet, right?

18                  COMMISSIONER VISNAUSKAS:  Well, the 

19           funding for -- that's coming through this 

20           year's budget will have to get approved 

21           first, and then it would --

22                  ASSEMBLYWOMAN CHANDLER-WATERMAN:  

23           Okay.  And then the other question I have is 

24           for Neighborhood Preservation Programs.  I 


                                                                   133

 1           know there's major cuts that will reverse the 

 2           state's response to services such as 

 3           evictions, home buying, counseling, housing 

 4           preservation.  How do you think this will 

 5           ultimately impact those things, the cuts by 

 6           the Governor?

 7                  COMMISSIONER VISNAUSKAS:  We work 

 8           really closely and always want to support all 

 9           the organizations around the state who, you 

10           know, many times are implementing all the 

11           work that we do.

12                  So, I think, happy to follow up with 

13           you if you want to talk about certain funding 

14           programs or organizations.

15                  ASSEMBLYWOMAN CHANDLER-WATERMAN:  

16           Okay.  And I think that we don't have really 

17           time really to address that, but I know you 

18           said you work with the city, and it's more of 

19           a comment.  It's like how do we help with all 

20           of these applications that we have out for 

21           housing, especially with NYCHA, where there's 

22           a lot of vacancies, but then like to 

23           transition people into -- that's waiting for 

24           housing.  


                                                                   134

 1                  So what is that city/state kind of 

 2           relationship to help move that process along?

 3                  COMMISSIONER VISNAUSKAS:  Yeah.  I 

 4           mean, I'd say we really try to get people 

 5           into our apartments as quickly as we can, and 

 6           I think happy to follow up on that.

 7                  ASSEMBLYWOMAN CHANDLER-WATERMAN:  

 8           Thank you.  

 9                  CHAIRWOMAN KRUEGER:  Thank you.  

10                  Assemblymember Lucas.

11                  ASSEMBLYWOMAN LUCAS:  Good afternoon, 

12           everybody.  

13                  So in 2024 New York State Homes and 

14           Community Renewal, HCR, created a historic 

15           500 million capital fund to create 15,000 new 

16           homes on state land, 600 million in new 

17           funding to boost housing supply statewide, 

18           and a $1 billion commitment to support 

19           New York City's goal of 80,000 new homes.  

20                  What percentage of those new homes are 

21           being considered for East New York, 

22           particularly the 60th District, which is 

23           mine?  And what can be done to position 

24           aspiring homeowners to take advantage of this 


                                                                   135

 1           effort?

 2                  COMMISSIONER VISNAUSKAS:  So for the 

 3           billion dollars for the City of Yes, so we 

 4           would anticipate working with the City of 

 5           New York on priorities for that funding.  

 6                  And we would anticipate that it would 

 7           go through our traditional funding programs, 

 8           which would include homeownership as well as 

 9           rental housing as well as preserving existing 

10           housing throughout the city.  And we would 

11           coordinate with the city on the spending of 

12           those funds.

13                  ASSEMBLYWOMAN LUCAS:  Specifically in 

14           East New York, in the 60th, do you have that 

15           data? 

16                  COMMISSIONER VISNAUSKAS:  I mean, I 

17           think the budget has to pass with the funding 

18           in it first, and then we would engage with 

19           the city on getting the money out the door.

20                  ASSEMBLYWOMAN LUCAS:  Okay.  Well, 

21           congrats on also putting in place a 75-day 

22           waiting period, right, before institutional 

23           investors can make offers to buy one- and 

24           two-family homes.


                                                                   136

 1                  How is this effort being policed?  And 

 2           is there an estimate on how many more 

 3           families might be impacted by this measure?

 4                  COMMISSIONER VISNAUSKAS:  So we have 

 5           to get the proposal through the budget 

 6           process first, so it's not in place right 

 7           now.  It would become -- as part of the 

 8           budget process, it would become the policy 

 9           and the law going forward.  So it hasn't 

10           impacted anyone yet.

11                  But we have seen and heard from mayors 

12           in upstate cities that hundreds of houses in 

13           their localities are being bought by -- and 

14           to the prior Senator's question, that could 

15           be, you know, five or ten times that amount 

16           that we don't know.

17                  So I think to the extent that it 

18           defers and prohibits that activity to happen, 

19           it will assist thousands and thousands of 

20           New Yorkers to be able to --

21                  ASSEMBLYWOMAN LUCAS:  Right --

22                  COMMISSIONER VISNAUSKAS:  -- access 

23           homeownership.

24                  ASSEMBLYWOMAN LUCAS:  I hate to cut 


                                                                   137

 1           you off, but are there any projects in my 

 2           district that will be impacted by the 

 3           five-year, $25 billion Housing Plan?

 4                  And based on the federal tariffs -- 

 5           three in one -- lumber and steel have 

 6           probably gone up significantly with that.  

 7           And the Housing Plan may be affected by those 

 8           tariffs.

 9                  How many housing units will we lose as 

10           a result of that?

11                  COMMISSIONER VISNAUSKAS:  So we can 

12           send you a list of what we've financed so far 

13           in your district.  Happy to do that so you 

14           can see how the housing plan has played out.

15                  I think we are as worried about the 

16           tariffs as everybody else is in terms of it 

17           impacting construction costs, but we have to 

18           see when and if they get implemented and how 

19           that impacts -- affects the plan.

20                  ASSEMBLYWOMAN LUCAS:  I'll email you 

21           the rest of my questions.  

22                  Thank you.

23                  CHAIRWOMAN KRUEGER:  Thank you.

24                  And, sorry, our last first round in 


                                                                   138

 1           the Assembly is Senator Manktelow -- is that 

 2           correct?

 3                  ASSEMBLYMAN MANKTELOW:  Assemblyman.  

 4           Thank you, Senator.  

 5                  CHAIRWOMAN KRUEGER:  Assemblyman 

 6           Manktelow.

 7                  ASSEMBLYMAN MANKTELOW:  Good 

 8           afternoon, Commissioner, you're doing a great 

 9           job.   

10                  In the Executive Budget the Governor 

11           proposes $50 million for capital funding of 

12           modular homes and starter homes.  How will 

13           those -- if that ends up in the budget, how 

14           will those funds be distributed across 

15           New York State?  

16                  And the reason I ask is in our rural 

17           districts, that's a lot of money that could 

18           do a lot of help for some very poor families.  

19           So just the question.  

20                  COMMISSIONER VISNAUSKAS:  Yes, there's 

21           obviously a -- there are manufactured homes 

22           and modular homes throughout the state, but 

23           certainly a lot of it in -- you don't have to 

24           drive too far into upstate New York to see 


                                                                   139

 1           them.  And we are -- we actually have a 

 2           series of programs, not just that 50 million, 

 3           that are really trying to get at an upgrade 

 4           of those homes.

 5                  This $50 million we hope will be -- 

 6           sort of spur more construction of that 

 7           factory-built kind of housing that we want to 

 8           see that will help drive down costs.  And so 

 9           we work on a demand basis, but we feel that 

10           once we get the word out that this is the 

11           type of funding we have available, that 

12           developers and modular construction companies 

13           will come to us.  And our funds generally go 

14           out as construction loans.

15                  ASSEMBLYMAN MANKTELOW:  So it will be 

16           first come, first served, pretty much, or --

17                  COMMISSIONER VISNAUSKAS:  I think we 

18           will work sort of regionally with where the 

19           demand is, yeah.

20                  ASSEMBLYMAN MANKTELOW:  Okay.

21                  And I apologize for my next question; 

22           I did have the number.  

23                  But what is your total budget number, 

24           out of curiosity?


                                                                   140

 1                  COMMISSIONER VISNAUSKAS:  Our capital 

 2           or operating?

 3                  ASSEMBLYMAN MANKTELOW:  Capital.

 4                  COMMISSIONER VISNAUSKAS:  Well, we 

 5           have a $4.5 billion capital budget that was 

 6           approved by the Legislature three years ago, 

 7           and then there have been a series of add-ons 

 8           since that. 

 9                  I would just remark we -- obviously we 

10           have spent some of that, but we over the 

11           course of the five years will spend north of 

12           $3 billion.

13                  ASSEMBLYMAN MANKTELOW:  How much, 

14           3 billion?

15                  COMMISSIONER VISNAUSKAS:  Over the 

16           five-year period.

17                  ASSEMBLYMAN MANKTELOW:  Okay.  My 

18           question is veterans' housing.  I have a lot 

19           of questions about female veterans' housing, 

20           disabled veterans' housing.  Of that total 

21           number, what percentage of that goes towards 

22           our veterans?

23                  COMMISSIONER VISNAUSKAS:  I could get 

24           you that.  We do fund veteran housing.  


                                                                   141

 1           There's a series of great organizations that 

 2           serve veterans around the state that partner 

 3           with our housing agencies.  So we can send 

 4           you a list of the veterans' housing that we 

 5           finance in the state.

 6                  We can always do more, but we do do a 

 7           fair amount of it.

 8                  ASSEMBLYMAN MANKTELOW:  I would very 

 9           much like to see that.  Please send that to 

10           me; that would be great.

11                  COMMISSIONER VISNAUSKAS:  Mm-hmm.

12                  ASSEMBLYMAN MANKTELOW:  And my last 

13           question, in my last 50 seconds, I know 

14           there's talk about the sprinkler mandate in 

15           houses.  And I know we're trying to push new 

16           housing across the state, getting homes 

17           available for people.

18                  One of our concerns in our rural areas 

19           is with this mandate, will that slow the 

20           process down, especially where we don't have 

21           public water?

22                  COMMISSIONER VISNAUSKAS:  I think that 

23           we -- as I sort of said earlier, we have 

24           definitely heard, when we've gone across the 


                                                                   142

 1           state, that infrastructure is a real 

 2           impediment to this.  And it's why we have 

 3           this $100 million in the budget, to really 

 4           get at unlocking some of that infrastructure, 

 5           whether it's water, sewer, electric.

 6                  And so we want to work with 

 7           communities that are willing to be able to 

 8           get those investment dollars to them.  And I 

 9           think if they -- if we don't get it through a 

10           program we have now, we should work together 

11           to figure out how to do it.

12                  ASSEMBLYMAN MANKTELOW:  I look forward 

13           to talking to you about that later.

14                  COMMISSIONER VISNAUSKAS:  Okay.

15                  ASSEMBLYMAN MANKTELOW:  Thank you for 

16           your time this afternoon.

17                  COMMISSIONER VISNAUSKAS:  Yeah.

18                  ASSEMBLYMAN MANKTELOW:  Thank you, 

19           Senator.  

20                  CHAIRWOMAN KRUEGER:  Thank you.  

21                  And we missed one Assemblymember, 

22           Assemblymember Meeks.

23                  ASSEMBLYMAN MEEKS:  Thank you, 

24           Commissioner.


                                                                   143

 1                  I have a question pertaining to the 

 2           technical support for Pro-Housing 

 3           Communities.  Would sound barriers fall under 

 4           that particular funding?

 5                  COMMISSIONER VISNAUSKAS:  The thing 

 6           that we heard from localities that they 

 7           needed funding for was things like doing 

 8           master plans or updating their rezoning or 

 9           taking paper maps and making them, you know, 

10           electronic and available, wanting 

11           e-permitting or e-filing systems.  

12                  So we want to be flexible and meet 

13           communities with what their needs are.  Those 

14           are the types of things we heard so far that 

15           we would imagine the spending would be for.  

16           But happy to talk about other things.

17                  ASSEMBLYMAN MEEKS:  Thank you.

18                  Regarding the Blue Buffers voluntary 

19           buyout program, is that oceanfront property, 

20           or would it also include lakes, rivers as 

21           well as creeks?  

22                  COMMISSIONER VISNAUSKAS:  It's really 

23           anywhere that has consistent and sort of 

24           persistent flooding.  So it doesn't have to 


                                                                   144

 1           be waterfront, for sure.

 2                  ASSEMBLYMAN MEEKS:  Okay.  And looking 

 3           at the proposed 2.8 million increase for OTDA 

 4           regarding homeless housing, is that -- will 

 5           any of that money be geared towards 

 6           individuals living with HIV and housing for 

 7           those individuals?  

 8                  COMMISSIONER VISNAUSKAS:  I don't -- 

 9           I'm not as familiar with OTDA's program.  But 

10           we certainly cofund a lot with them in 

11           housing projects where there are, you know, 

12           very vulnerable populations like the one you 

13           mentioned that are included in the overall.  

14                  So I can't speak to that specifically, 

15           but we certainly do fund housing with that 

16           population.

17                  ASSEMBLYMAN MEEKS:  Okay.  Because 

18           that's part of like ongoing treatment, like 

19           having quality housing and consistent 

20           housing.

21                  And then we're seeing -- I'm from 

22           Rochester, and we're seeing a number of -- 

23           doing some great projects in the communities 

24           there.  But one of my major concerns is we're 


                                                                   145

 1           seeing more mixed-income housing, low-income 

 2           housing developments, but all too often we're 

 3           not seeing individuals in those communities 

 4           afforded an opportunity to generate wealth by 

 5           helping with the buildouts.

 6                  Are there any plans in place to work 

 7           with even our educational system to prepare 

 8           individuals to take on these opportunities?

 9                  COMMISSIONER VISNAUSKAS:  We do 

10           have -- you know, operate sort of as other 

11           agencies do with MWBE requirements that we 

12           attach to our construction projects, which 

13           can oftentimes sort of, by extension, lead to 

14           sort of community hiring and -- but it isn't 

15           probably as explicit as it could be.

16                  I think we would be happy to work on 

17           initiatives that would allow for more local 

18           community participation in our local 

19           community development projects.  So happy to 

20           talk more about that with you.

21                  ASSEMBLYMAN MEEKS:  Yeah, it's truly 

22           needed.  And I look forward to working with 

23           you.

24                  And I would also like to see what the 


                                                                   146

 1           numbers are currently as they relate to 

 2           MWBEs.

 3                  COMMISSIONER VISNAUSKAS:  Okay.

 4                  ASSEMBLYMAN MEEKS:  All right, thank 

 5           you.

 6                  CHAIRWOMAN KRUEGER:  Okay, thank you.  

 7                  I am now going to go to three-minute 

 8           follow-ups from chairs.  

 9                  Senator Brian Kavanagh.

10                  SENATOR KAVANAGH:  Thank you.

11                  Thanks for the couple of hours now of 

12           great enlightening testimony.  

13                  So a few topics that we have written 

14           testimony from several witnesses who are 

15           going to raise the question of support for 

16           existing 100 percent affordable developments 

17           that may be in distress.  You've had some 

18           opportunity to talk about this in the past.

19                  But can you just talk a little bit 

20           about the need there as you perceive it and 

21           to what extent -- you know, there's a 

22           proposal that we're going to hear about in a 

23           moment with some capital as well as some 

24           operating money behind that.  Can you just 


                                                                   147

 1           talk a little bit about how that -- you know, 

 2           the need and whether there might be something 

 3           we should be addressing?

 4                  COMMISSIONER VISNAUSKAS:  Yes, 

 5           absolutely.

 6                  So we care very much about our 

 7           existing portfolio of affordable buildings.  

 8           And there is a lot of stress in the market.  

 9           There is a lot of -- you know, labor costs 

10           have gone up and insurance costs have gone up 

11           and utility costs have gone up.  And since 

12           the pandemic we have seen collection rates 

13           lower than they were pre-pandemic, and many 

14           tenants are not -- cannot or are not paying 

15           their rent.  And so it's providing a lot of 

16           stress.

17                  We stay in close contact with our 

18           owners.  We want to support them.  We want to 

19           provide capital if there are sort of repairs 

20           that are driving up their operating costs.  

21           We want to make sure they have reserves so 

22           that they can access funding when they have 

23           sort of shortfalls.  

24                  We are sort of trying to consistently 


                                                                   148

 1           work with them, and I think to work with you 

 2           to make sure that we can shore up that part 

 3           of the housing stock, because we understand 

 4           there is a lot of stress in it.

 5                  SENATOR KAVANAGH:  Okay.  You 

 6           mentioned insurance, a good segue to the next 

 7           question.  There's a lot of talk about a 

 8           captive insurance.  I know that the Executive 

 9           has actually proposed providing several 

10           agencies with the authority to create captive 

11           insurance companies, but not HCR or any of 

12           your sort of subsidiaries.

13                  So I gather you're not trying to 

14           create a captive insurance company, but what 

15           more could the state do to promote that as a 

16           solution?  Is that -- is that a viable 

17           solution?  I know we have -- Milford Street 

18           Associates is up and running, but is that a 

19           viable solution for addressing insurance 

20           needs for housing?  And what more can the 

21           state be doing to try to facilitate that?

22                  COMMISSIONER VISNAUSKAS:  Yes, we were 

23           obviously very happy when the Milford Street 

24           captive was up and running.  It serves as a 


                                                                   149

 1           great test case for affordable owners to 

 2           continue to join that.  

 3                  And so we have -- would like to sort 

 4           of work with the Legislature to figure out 

 5           how to provide resources to owners so that 

 6           they can join the captive, whether that's 

 7           making investments in their buildings or 

 8           whatever types of capital needs they might 

 9           have, so that that can provide an alternative 

10           to private market insurance and help them 

11           drive their costs down.

12                  SENATOR KAVANAGH:  And some have 

13           suggested and I think will suggest in a 

14           moment to us that there's also a need for 

15           additional kind of analysis of the market and 

16           how that would work, how the funding would 

17           work, what parts of the state it might be 

18           used -- that might be an effective model.  

19                  Is that -- is it your sense that kind 

20           of we need to know more kind of analytically 

21           about where this would work or how it would 

22           work, recognizing we have one model that's up 

23           and running in one part of the state?

24                  COMMISSIONER VISNAUSKAS:  Yeah, I mean 


                                                                   150

 1           I think it would be great to get a little 

 2           more sort of time under our belt with the one 

 3           we have to figure out sort of what works and 

 4           doesn't work and who's in and who's not and 

 5           why.

 6                  But, you know, we are always searching 

 7           for more answers on the question of insurance 

 8           costs, so.

 9                  SENATOR KAVANAGH:  Great.  So that's 

10           my time.  Again, thank you very much for 

11           today and for all the work you do all year 

12           round.  Thanks.

13                  COMMISSIONER VISNAUSKAS:  Thanks.

14                  CHAIRWOMAN KRUEGER:  Thank you.

15                  Chair Linda Rosenthal.

16                  ASSEMBLYWOMAN ROSENTHAL:  Thank you.  

17                  So I have three minutes, so I'll ask 

18           you very quickly.

19                  I looked at the website where you 

20           check on apartment registrations.  It says 

21           it's still in beta form.  And it says the 

22           year in which the building registered its 

23           units but not how many units per building.  

24           Is that envisioned for the future?  It would 


                                                                   151

 1           be very helpful.

 2                  COMMISSIONER VISNAUSKAS:  I think that 

 3           we want -- we very much and the Governor 

 4           wants us very much to be transparent, and we 

 5           want to be transparent with data.

 6                  We also want to make sure, in the case 

 7           of building data and rent data in the City of 

 8           New York, that it isn't used for any sort of 

 9           negative reasons as people are looking to buy 

10           buildings or trying to figure out just how 

11           many rent-stabilized tenants might be left in 

12           a building.

13                  So I think we are -- and to your point 

14           about a beta version, we put this out there, 

15           we're very happy to be able to be 

16           transparent, but I think we want to test 

17           whether there's any ways that the data would 

18           be used sort of in a way that we weren't 

19           anticipating before we go to sort of the next 

20           step of additional data.

21                  ASSEMBLYWOMAN ROSENTHAL:  Okay.  For 

22           PARs and other MCI overcharge things, 

23           applications from different tenant groups, 

24           how can HCR speed up the processing within 


                                                                   152

 1           the agency?  Some take, you know, two, three 

 2           years to get through and tenants pay while 

 3           their question is being researched.

 4                  COMMISSIONER VISNAUSKAS:  Yes.  So 

 5           PARs take varying amounts of time, because 

 6           each one is very case-specific and 

 7           fact-specific.  And as you know, most -- for 

 8           all of those, both landlords and tenants can 

 9           have two or three time extensions, so that 

10           does in fact, you know -- which is I think a 

11           good part of the process in many ways -- does 

12           make that longer.

13                  I think to the extent that there are 

14           things that we could -- if you think there's 

15           ways that we could make it speed up, I think 

16           sometimes they're complicated by court cases 

17           that are going on --

18                  ASSEMBLYWOMAN ROSENTHAL:  Yeah, but 

19           not just for PARs.

20                  COMMISSIONER VISNAUSKAS:  It's not our 

21           intent to make them take a long time for 

22           sure.

23                  ASSEMBLYWOMAN ROSENTHAL:  But it would 

24           be great if they could be sped up and so -- I 


                                                                   153

 1           mean, this was a longstanding problem before 

 2           you.  But maybe you could clear it up.  

 3                  And my last question is about 

 4           not-for-profit and for-profit owners of 

 5           multifamily housing properties.  Many of them 

 6           are distressed and getting in worse shape -- 

 7           not able to pay mortgages, a lot of tenants 

 8           are still behind in their rent.

 9                  And while we helped rescue, you know, 

10           regular landlords and we gave some to NYCHA, 

11           we didn't give very much to those -- to that 

12           sector.  I think they're in real trouble.  

13                  How can HCR address that issue?

14                  COMMISSIONER VISNAUSKAS:  So we -- as 

15           I've said before, you know, we care very 

16           much, obviously, about the buildings in our 

17           portfolio and we try to work owner by owner 

18           to give them relief where we can on rents, on 

19           expenses, on capital grants to fix up their 

20           buildings.  And we will continue to do that 

21           because we want the stock to be well invested 

22           and stable.

23                  ASSEMBLYWOMAN ROSENTHAL:  Well, 

24           Senator Kavanagh and I have a bill about a 


                                                                   154

 1           loan fund for these kinds of properties.  But 

 2           I think we have to do more.  Because so many 

 3           people live in these subsidized buildings and 

 4           apartments, and we may lose them.

 5                  Thank you.

 6                  COMMISSIONER VISNAUSKAS:  Thank you.  

 7                  CHAIRWOMAN KRUEGER:  Thank you.  

 8                  So I have three minutes.  I'll try to 

 9           not even take three minutes.

10                  So I feel like my whole life we've 

11           talked about some landlords never file with 

12           HCR about having rent-stabilized apartments.  

13           And we changed the law in 2019, and so there 

14           should be more motivation not to not file and 

15           motivation to file.  

16                  Have we gotten better or do we still 

17           have those problems?  Because I'm hearing we 

18           do.

19                  COMMISSIONER VISNAUSKAS:  Do you mean 

20           on rent-regulated apartments registering?

21                  CHAIRWOMAN KRUEGER:  Yeah.

22                  COMMISSIONER VISNAUSKAS:  Well, the 

23           fines -- thank you to all of you -- that 

24           through the -- that got passed last year, 


                                                                   155

 1           that gave us more enforcement, has been 

 2           great.  

 3                  We had more on-time filings than we've 

 4           ever had before.  And we had people go back 

 5           and register apartments that -- you know, 

 6           people could register a year or two years 

 7           later.  There wasn't really a penalty.  

 8                  So the fine has drastically changed 

 9           the number of buildings and apartments that 

10           register on time, and it's great.  And now 

11           it's more transparent and we have it up on 

12           our website and people can see the year over 

13           year.  So thank you.  

14                  CHAIRWOMAN KRUEGER:  And are we able 

15           to see whether there's a reduction in the 

16           illegal deregulation of buildings?  Is there 

17           a way to track that?  

18                  COMMISSIONER VISNAUSKAS:  I mean, I 

19           think that is something we do more through 

20           TPU, where we -- especially now that we have 

21           actual sort of on-time registering, we can 

22           spend less time tracking down people who just 

23           aren't registering their buildings and more 

24           time actually looking at the patterns in the 


                                                                   156

 1           buildings that are now all registered about 

 2           where rents are and where registrations are.  

 3                  So it will make TPU much more 

 4           strategic in its efforts.

 5                  CHAIRWOMAN KRUEGER:  And when 

 6           buildings are going through transition -- so 

 7           I'm thinking, today's world, moving from gas 

 8           to electric, which we want them to do -- 

 9           there seem to be more opportunities for 

10           landlords to somehow change the rules of the 

11           road on apartments or even try to bill the 

12           tenants for the transition, even though it 

13           will probably be cheaper when it's electric 

14           than when it's gas.  

15                  Is there like something -- some kind 

16           of new thing we should be watching or doing 

17           to make sure that doesn't happen?  

18                  COMMISSIONER VISNAUSKAS:  Yes, 

19           absolutely.  I think if there's a cert that 

20           would get filed, I think, with us, whether 

21           there was sort of a service sort of 

22           overcharge and people were switching.

23                  We also need to manage that in the 

24           rent-stabilized stock, right?  It is a big -- 


                                                                   157

 1           there's 40,000 buildings.  If they are going 

 2           to switch from gas to electric, we have to 

 3           have sort of a standardized way.  

 4                  So we have been working for quite some 

 5           time on how to manage that, and we'll 

 6           certainly come and talk to the Legislature 

 7           when we have sort of a proposal I think to 

 8           share on how we might manage through that 

 9           transition.  

10                  CHAIRWOMAN KRUEGER:  Because obviously 

11           I want the buildings to transition, and it's 

12           a win frankly for the whole building and the 

13           costs.  But I also don't want people to get 

14           exploited or --

15                  COMMISSIONER VISNAUSKAS:  Yup.

16                  CHAIRWOMAN KRUEGER:  -- the math not 

17           to work at the end of the day.

18                  COMMISSIONER VISNAUSKAS:  Absolutely.

19                  CHAIRWOMAN KRUEGER:  All right.  So I 

20           was the last person allowed to ask you 

21           any more, so I'm now going to officially 

22           thank you very much for being with us.

23                  COMMISSIONER VISNAUSKAS:  Thank you.

24                  CHAIRWOMAN KRUEGER:  Thank you and to 


                                                                   158

 1           your agency for all the work you're doing 

 2           every day.  You've been around a while now, 

 3           haven't you?

 4                  COMMISSIONER VISNAUSKAS:  Oh, come on.

 5                  (Laughter.)

 6                  COMMISSIONER VISNAUSKAS:  Just not 

 7           here.

 8                  CHAIRWOMAN KRUEGER:  Well, I feel like 

 9           I've been around for a while.  I feel like 

10           you have too.  

11                  (Laughter.)

12                  COMMISSIONER VISNAUSKAS:  Thank you.

13                  CHAIRWOMAN KRUEGER:  So I'm actually 

14           now going to excuse you and remind all 

15           legislators if you attempt to grab the 

16           commissioner to talk to her, do it in the 

17           hallway outside, not in this room, so that I 

18           can call up the next panel -- take the clock 

19           with her.  

20                  No, that's her business, once she gets 

21           in the hallway and she has staff that she can 

22           assign to do things.  

23                  But I'm calling up six people:  The 

24           New York State Association for Affordable 


                                                                   159

 1           Housing; the Neighborhood Preservation 

 2           Coalition; the Community Preservation 

 3           Corporation; the New York State Public 

 4           Housing Authorities Directors Association; 

 5           and the Local Initiatives Support Corporation 

 6           of New York.  

 7                  So we'll get them all down here.  We 

 8           need just one more chair.  Oh, you're right, 

 9           it's only five.  I started with 2.  Sorry.

10                  (Off the record.)

11                  CHAIRWOMAN KRUEGER:  And apparently I 

12           can't count, because it was five groups that 

13           I was inviting down.  And we're still missing 

14           one.  Okay, I see someone coming down maybe.  

15           No?  No.

16                  All right, well, tell you what.  What 

17           you need to do is each introduce yourselves 

18           so the people in the booth back there know 

19           who you are when they put your name up with 

20           your face.  So we'll do that first, and then 

21           we'll start testimony.

22                  So Jolie, would you -- thank you.

23                  MS. MILSTEIN:  Is this on?

24                  CHAIRWOMAN KRUEGER:  No, it's not.  


                                                                   160

 1           The green light.  There it is.

 2                  MS. MILSTEIN:  Oh, now it's on.

 3                  CHAIRWOMAN KRUEGER:  Now it's on.

 4                  MS. MILSTEIN:  I'm Jolie Milstein from 

 5           NYSAFAH.

 6                  CHAIRWOMAN KRUEGER:  Thank you.

 7                  MR. SIMMONS:  Bill Simmons, executive 

 8           director for the Syracuse Housing Authority 

 9           and president of NYSPHADA.

10                  CHAIRWOMAN KRUEGER:  Thank you.  

11                  MS. BURNS-MAINE:  Good afternoon.  

12           Erin Burns-Maine, CPC.

13                  MR. STREB:  Mark Streb, Neighborhood 

14           Preservation Coalition.

15                  CHAIRWOMAN KRUEGER:  Great.  Okay, so 

16           I see we are missing LISC.  Does anybody from 

17           LISC want to wave their hand fast and go 

18           "Oops, I meant to be down here"?  Nope.  

19                  That happens.  Not to worry. 

20                  So shall we start with Jolie?

21                  MS. MILSTEIN:  Yes.

22                  CHAIRWOMAN KRUEGER:  Oh, I'm sorry.  

23           Each of you gets three minutes.  

24                  We only get three minutes.  There's no 


                                                                   161

 1           second rounds, there's no respect for 

 2           chairmanships, this is just the people's 

 3           process.

 4                  And also the reason you don't see my 

 5           Finance chair or my rankers is because there 

 6           was a conflicting event this afternoon that 

 7           we were all supposed to be at.  So I drew the 

 8           good straw to stay here and listen to Housing 

 9           testimony, and they drew the short straws to 

10           listen to a bunch of really boring 

11           economists.  And I just didn't say that, did 

12           I?

13                  (Laughter.)

14                  CHAIRWOMAN KRUEGER:  Never mind.  Not 

15           all economists are boring, I'm sorry.

16                  Okay, Jolie, let's go with Housing.

17                  MS. MILSTEIN:  Okay.  Thank you, 

18           honorable members of the Legislature, for the 

19           opportunity to testify regarding the fiscal 

20           year 2026 Executive Budget on housing.  I'm 

21           Jolie Milstein -- we know that.

22                  Critical to NYSAFAH's work are the 

23           resources and policies advanced each year at 

24           the local, state and federal level.  Our 


                                                                   162

 1           successes have been made possible thanks to 

 2           the commitment of Governor Hochul and you, 

 3           the New York State Legislature, as well as 

 4           the talented staff of New York State HCR.

 5                  With your support, we look forward to 

 6           another year of progress towards creating and 

 7           preserving 100,000 new affordable homes under 

 8           the state's 25 billion -- is that right? -- 

 9           five-year Housing Plan.

10                  However, we know that commitment is 

11           hardly enough.  This year's state budget 

12           represents an opportunity to make further 

13           progress to address our affordable housing 

14           crisis.  This need is evidenced by the 

15           Governor's pledge to provide a billion 

16           dollars in state resources to advance 

17           Mayor Adams' City of Yes housing opportunity 

18           rezoning plan.

19                  However, the affordable housing crisis 

20           has no geographic boundaries, and neither 

21           should the solutions.  We're therefore asking 

22           the Legislature to support a billion-dollar 

23           "State of Yes" Housing for All plan.  This 

24           would include $150 million for an affordable 


                                                                   163

 1           housing relief fund to support preservation 

 2           and for many properties that have not 

 3           recovered from COVID financial losses and now 

 4           lack the financial stability to remain 

 5           affordable.

 6                  These units are at risk of being lost 

 7           to expiring affordability agreements and 

 8           deteriorating physical conditions.  Every 

 9           unit lost to a lack of preservation only 

10           increases the need for more new construction 

11           and adds to our losing ground to this crisis.

12                  We support the Governor's proposal to 

13           double funding for the State Low-Income 

14           Housing Tax Credit Program, SLIHC, to 

15           $30 million annually for the next four years.  

16           Currently there is a limit to transferring 

17           the credits only once to a potential 

18           investor, which limits its value in the 

19           financing process.  We're asking for 

20           transferability for more than once to help 

21           increase this value and provide private 

22           investment in affordable housing projects.

23                  We also need to address escalating 

24           insurance costs.  The Milford Street captive 


                                                                   164

 1           was formed by NYSAFAH members to provide 

 2           insurance for multifamily affordable housing 

 3           properties in New York City.  We're asking 

 4           the Legislature to provide $500,000 in 

 5           funding for a statewide feasibility study for 

 6           other potential captive insurers to evaluate 

 7           growth throughout the state.

 8                  We're also asking for $3 million to 

 9           help smaller not-for-profit projects with 

10           up-front capital costs to fund loss reserves.

11                  Additionally, we urge the Legislature 

12           to prioritize improving the State Historic 

13           Tax Credit Program, increase funds for the 

14           Homeless Housing Assistance Program, and 

15           update public housing authorities, as well as 

16           increasing ESSHI rent subsidies beyond what 

17           the Governor proposed and applying those 

18           increases to existing properties.

19                  And we thank you for the opportunity 

20           to testify today and for your consideration 

21           for our budget requests.  I welcome any 

22           questions and comments.

23                  CHAIRWOMAN KRUEGER:  Thank you.

24                  MR. SIMMONS:  Good afternoon.  I come 


                                                                   165

 1           before you today to discuss NYSPHADA's budget 

 2           requests for this year.

 3                  Over the last several years NYSPHADA 

 4           has worked closely with our partners in the 

 5           state government -- NYCHA, New York State 

 6           HCR, the Governor's office and the 

 7           Legislature -- to urge public housing 

 8           authorities to rethink how they rehabilitate 

 9           the public housing stock in need of 

10           modernization.  

11                  Many of our authorities are 

12           considering rental assistance demonstration 

13           projects, and pursuing innovative 

14           alternatives to responsibly repurposing their 

15           facilities.  

16                  NYSPHADA is very grateful to the 

17           Legislature and the Executive for increasing 

18           their support in the past several budget 

19           cycles to help modernize and rehabilitate our 

20           aging facilities, including last year's 

21           $75 million.  Over the last several years, 30 

22           to 40 of our members have utilized this 

23           funding to pursue modernization projects.  We 

24           are expecting more housing authorities to 


                                                                   166

 1           pursue major projects in the Rental 

 2           Assistance Demonstration project in the next 

 3           two years to come.  

 4                  Therefore, we respectfully request 

 5           that the Legislature and the Executive set 

 6           aside an additional $75 million in this 

 7           year's budget for our substantial and 

 8           moderate rehabilitation and/or for demolition 

 9           and replacement through the new construction 

10           of our public housing authority development 

11           outside of New York City.

12                  This allocation would be the second 

13           half of last year's requested 150 million.  

14           We think that by every measure, this public 

15           housing modernization has been a huge win for 

16           all of New York State.  We have taken 

17           advantage of over 250 million in the last 

18           five years to help public housing authorities 

19           across New York State modernize their 

20           facilities.  

21                  We want to continue that momentum for 

22           our public housing authorities and provide 

23           the highest quality of life for our 

24           residents.  Several of our authorities have 


                                                                   167

 1           undergone renovations utilizing the New York 

 2           State tax incentive programs, and there are a 

 3           list of over 20 housing authorities that have 

 4           done so in our report.

 5                  In addition to our budget requests, we 

 6           want to address the issue pertaining to the 

 7           rising cost of insurance for public housing 

 8           authorities.  This is a major issue, 

 9           crippling our public housing authorities.  

10           Many of our authorities have seen a 

11           40 percent increase in insurance costs.  I've 

12           included a graph in our presentation.  

13                  And we are very encouraged to see that 

14           the Governor has included funding for 

15           technical assistance for affordable housing 

16           premiums.  NYSPHADA strongly supports this 

17           initiative.

18                  In addition, we are partnering, as 

19           NYSPHADA, with other industry partners to ask 

20           for $500,000 in funding for the captive 

21           program.

22                  Thank you for the opportunity today.

23                  CHAIRWOMAN KRUEGER:  Thank you.

24                  Hi.  Next?


                                                                   168

 1                  MS. BURNS-MAINE:  Hi.  Thank you, 

 2           committee chairs and other distinguished 

 3           members of the New York State Senate and 

 4           Assembly, for the opportunity to speak today.

 5                  My name is Erin Burns-Maine.  I'm the 

 6           senior vice president for external affairs 

 7           with the Community Preservation Corporation.

 8                  Over the last 50 years, CPC has 

 9           invested over 15 billion to finance the 

10           creation and preservation of more than 

11           230,000 units of housing through our lending 

12           and investing platforms, many across New York 

13           State.  

14                  Of note to the earlier conversations, 

15           CPC is currently administering the state's 

16           Climate Friendly Homes Fund, which includes 

17           $250 million to electrify 10,000 units across 

18           the state, which includes high-efficiency 

19           heat pump projects.  And public housing 

20           projects are eligible.

21                  On behalf of CPC, we'd like to express 

22           our gratitude to the Governor's 

23           administration, Commissioner Visnauskas and 

24           all of HCR, and the Senators and 


                                                                   169

 1           Assemblymembers who continue to advance 

 2           housing solutions across the state.  

 3                  In particular, we applaud the 

 4           administration for the ongoing success of the 

 5           Pro-Housing Communities Program.  We're 

 6           hopeful this program will continue to grow, 

 7           thanks to the additional funds in this year's 

 8           Executive Budget, to assist with building out 

 9           the infrastructure and the planning capacity 

10           needed for municipalities across the state.

11                  We're also very supportive of the 

12           $1 billion commitment to help fund the 

13           necessary infrastructure upgrades needed to 

14           ensure the success of New York City's 

15           recently passed City of Yes zoning text 

16           amendment.  As we begin to build a little 

17           more housing in every neighborhood of 

18           New York City, this financial support will 

19           help ensure that the city's infrastructure 

20           will be ready to meet the new demand.

21                  Despite these successes, our state's 

22           housing crisis is still very much ongoing.  

23           For far too many New Yorkers affordable, 

24           quality housing is either unsustainable or 


                                                                   170

 1           unattainable, leaving our neighbors 

 2           housing-insecure or, worse, on the brink of 

 3           homelessness.

 4                  From our work managing a large 

 5           construction loan and mortgage portfolio for 

 6           affordable housing, including a portfolio of 

 7           loans on behalf of the New York City Common 

 8           Retirement System and now a portion of the 

 9           rent-stabilized multifamily portfolio 

10           formerly held by Signature Bank, we 

11           understand the cause of the housing crisis -- 

12           and it boils down to two main things:  

13           Challenges to preservation, and barriers to 

14           production.

15                  Efforts to preserve existing housing 

16           are hamstrung by how increasingly difficult 

17           it is for existing affordable housing to 

18           maintain cash flows needed to ensure physical 

19           quality and financial stability.  Within the 

20           former Signature Bank portfolio, comprised of 

21           just under 35,000 units, 80 percent of which 

22           are rent-stabilized, about half to two-thirds 

23           of the portfolio are experiencing some form 

24           of financial or physical distress.  Often 


                                                                   171

 1           these two go together.  

 2                  We're worried that the realities of 

 3           this portfolio are a harbinger of what's to 

 4           come for the city's larger rent-stabilized 

 5           stock.  When building cash flows are 

 6           constrained to the point of financial 

 7           infeasibility, the conditions and quality 

 8           suffer, and ultimately the tenants are the 

 9           ones who come to bear the costs of failing 

10           buildings.

11                  Given this, we do encourage the 

12           Legislature to explore options for shoring up 

13           the financial and physical conditions.

14                  I'll stop there.  Thank you.

15                  CHAIRWOMAN KRUEGER:  Sorry, we make 

16           you stop.

17                  MS. BURNS-MAINE:  Thank you.

18                  CHAIRWOMAN KRUEGER:  Hi, Mark.  Three 

19           minutes.

20                  MR. STREB:  Mark Streb, Neighborhood 

21           Preservation Coalition.

22                  First of all, I'd like to say thank 

23           you to each of you for your incredible 

24           support of the not-for-profit frontline 


                                                                   172

 1           housing workers during this housing crisis.  

 2           It is your steadfast support of the 

 3           Neighborhood Preservation Program that allows 

 4           essential services to be provided.  These 

 5           boots-on-the-ground community leaders are 

 6           often the difference between a family living 

 7           in a home versus a shelter versus the 

 8           streets.  The incredible value of that cannot 

 9           be overlooked.

10                  Now my ask.  For this year's budget, 

11           18.8 million in requested to fund the 

12           Neighborhood Preservation Program.  This 

13           reflects a 6 percent cost-of-living increase 

14           from last year's final budget amount of 

15           17.63 million, to cover two years of flat 

16           funding and inflation.

17                  Additionally, the Neighborhood 

18           Preservation Coalition seeks a $350,000 

19           carveout to continue providing technical 

20           assistance, training conference, educational 

21           webinars, research and communication.

22                  The Neighborhood Preservation Program 

23           was originally created as a response by the 

24           forward-thinking State Legislature to the 


                                                                   173

 1           recognition that Neighborhood Preservation 

 2           Companies face significant challenges due to 

 3           inadequate funding.  These not-for-profit 

 4           housing organizations play a crucial role in 

 5           addressing the escalating demand for 

 6           affordable housing and community services, 

 7           those services ranging from housing 

 8           counseling to home improvement and 

 9           rehabilitation projects, to food programs, to 

10           eviction protection.

11                  Unbelievably, Governor Hochul's 

12           proposed budget presents an incredibly 

13           concerning reduction of 4.8 million from last 

14           year's funding level, lowering the NPP 

15           allocation to 12.83 million.  This decrease 

16           will severely impact the vital services 

17           provided.  Cutting funding for the frontline 

18           workers fighting the housing crisis is wrong 

19           and must be reversed.  Families and 

20           children's lives will be negatively affected 

21           if this draconian cut is instituted.

22                  In addition to the program's 

23           investment in human capital, the economic 

24           development investment of this program is 


                                                                   174

 1           incredible.  By working with the community 

 2           and leveraging other resources, this 

 3           program's return on investment is 10 to 1.  

 4                  In addition to this fantastic return 

 5           on investment, the local not-for-profits must 

 6           provide matching funds of 33 percent -- a 

 7           true testament that this program is 

 8           community-driven from the very neighborhoods 

 9           that it serves.

10                  The urgency of the housing crisis 

11           cannot be overstated.  In closing, we request 

12           the Neighborhood Preservation Program be 

13           funded at 18.8 million, with a $350,000 

14           carveout.

15                  CHAIRWOMAN KRUEGER:  Thank you.

16                  Our first questioner is Brian 

17           Kavanagh.

18                  SENATOR KAVANAGH:  Thank you.  I 

19           didn't know I was first.

20                  Thank you all for your testimony.  It 

21           will be a quick three minutes here.

22                  Just starting with Jolie from NYSAFAH, 

23           can you talk -- you have a $150 million 

24           proposal for a affordable housing relief 


                                                                   175

 1           fund.  I'd asked the commissioner about this 

 2           a minute ago.  But can you talk a little bit 

 3           about how you arrived at the proposal of 

 4           $150 million?

 5                  MS. MILSTEIN:  Yes.  And you'll 

 6           know -- you'll remember that two years ago I 

 7           asked for I think it was $2 billion --

 8                  SENATOR KAVANAGH:  Yes indeed.

 9                  MS. MILSTEIN:  -- on the heels of 

10           COVID.  

11                  The need has not lessened.  We've 

12           rightsized our ask because we think as a 

13           pilot program it's a good place to start.  

14           But you've heard almost everyone testify that 

15           the portfolios are at risk, and I think we're 

16           seeing more and more problems.  So we are 

17           asking for the 150 million half in capital, 

18           half in operating expenses, to run a pilot 

19           program in the first year and really take in 

20           RFPs to see how big the need is. 

21                  It's hard for us to rightsize the 

22           need.  We're working with NYU right now and 

23           the agencies to try and get some good data.  

24           We have a lot of anecdotal information; we're 


                                                                   176

 1           not sure how big the problem is.  I suspect 

 2           it's big.  Bigger and getting bigger.  

 3           Especially with all of the noise at the 

 4           federal level, I think we're going to have 

 5           increasing numbers of problems.  

 6                  But we thought $150 million, in 

 7           working with the agency, was a good place to 

 8           start with a pilot to really assess the 

 9           broader need beyond the pilot program.

10                  SENATOR KAVANAGH:  Great.  Second 

11           question.  You are proposing transferability 

12           of SLIHC.

13                  MS. MILSTEIN:  Yes.

14                  SENATOR KAVANAGH:  I actually have a 

15           bill, as I think you know, that would 

16           accomplish that.  But let's talk about -- a 

17           little bit about, for folks that may 

18           not know, how that would work and why it's 

19           needed.

20                  MS. MILSTEIN:  Right now -- several 

21           years ago we were successful in bifurcating 

22           and certificating the state credit, which 

23           means that while most projects have federal 

24           and state tax credits in them, it was 


                                                                   177

 1           previously required that there be one buyer 

 2           for both sets of credits, even if the federal 

 3           tax credit buyer didn't have a state tax 

 4           liability.  By separating the two, we can 

 5           have two separate buyers.  

 6                  The problem with not having more than 

 7           one transfer for the state credit means that 

 8           if your state tax liability in New York 

 9           changes, you can't resell that.  I likened it 

10           to buying Taylor Swift tickets and not being 

11           able to sell them if you got sick.  You've 

12           got this investment, you know it's valuable, 

13           but unless you're allowed to sell it to 

14           somebody else, you're going to hedge your 

15           bets when you originally purchased the asset.

16                  So we think that if you're able to 

17           transfer this tax credit somewhere during the 

18           10 years, it will increase the value at the 

19           onset and increase the resources.

20                  SENATOR KAVANAGH:  I'm not going to 

21           ask you who in their right mind would sell a 

22           Taylor Swift ticket once they had one --

23                  MS. MILSTEIN:  I know.  Maybe it's not 

24           a perfect analogy.


                                                                   178

 1                  SENATOR KAVANAGH:  Just you -- you're 

 2           also pushing us to facilitate the creation of 

 3           captive insurance entities and companies.  

 4           There is a $2 million -- I think it's a loan, 

 5           a low-interest loan that ESD did to the 

 6           existing captive.  Can you talk about just -- 

 7           does that meet the need?  Do we need -- is 

 8           there more we need?

 9                  MS. MILSTEIN:  Am I allowed to say 

10           anything?

11                  CHAIRWOMAN KRUEGER:  You're not 

12           allowed, sorry.

13                  MS. MILSTEIN:  I can't answer.

14                  SENATOR KAVANAGH:  If there were time 

15           during somebody else's questioning and you 

16           want to shed light on that --

17                  MS. MILSTEIN:  If somebody else wants 

18           to ask me about the 2 million versus our 

19           3 million, I'm happy to answer.

20                  CHAIRWOMAN KRUEGER:  Fine, thank you.

21                  Assembly.  I'm sorry, I have to tell 

22           you who.

23                  Linda Rosenthal, chair of Housing.

24                  ASSEMBLYWOMAN ROSENTHAL:  Thank you 


                                                                   179

 1           very much.  Yes, I only have three million as 

 2           well -- sorry.  Three million?  Three 

 3           minutes.  

 4                  Okay, quickly, I want to ask -- first, 

 5           thank you all for your testimony.  I agree 

 6           with you.  I hope the commissioner hears what 

 7           you said and that the Governor hears what you 

 8           said.  Because, you know, you ensure that 

 9           there's affordable housing and that people 

10           can own and rent in decent, affordable 

11           housing.  So we need to rescue a lot of your 

12           funds.

13                  For Mark Streb, your NPCs/RPCs are 

14           basically oversubscribed, is that true?

15                  MR. STREB:  Yes.  The request that we 

16           get from the community, the individuals, the 

17           families in the community, we can't address 

18           all of them fast enough.

19                  ASSEMBLYWOMAN ROSENTHAL:  And what is 

20           at risk if you can't help them?

21                  MR. STREB:  It's the whole gamut.  You 

22           know, a veteran not being able to get his 

23           roof fixed.  A senior not having power.  A 

24           family not being able to have an after-school 


                                                                   180

 1           program.  The list goes on.

 2                  ASSEMBLYWOMAN ROSENTHAL:  Okay, thank 

 3           you.

 4                  And Ms. Milstein, 2 million versus 3:  

 5           You get half a minute.

 6                  MS. MILSTEIN:  Yeah, yeah.  The 

 7           2 million is to backstop the loss pool in the 

 8           Milford -- the Milford captive.

 9                  Our 3 million is a statewide ask so 

10           that we can enable others to have the capital 

11           to participate.  So the 2 million is 

12           specifically for Milford; our 3 million, 

13           along with the actuarial study for 500,000, 

14           will enable these kinds of things to grow and 

15           flourish across the state.

16                  ASSEMBLYWOMAN ROSENTHAL:  Okay.  And I 

17           wonder if you'd just go into a bit more about 

18           the dire need.  I did, you know, speak -- as 

19           you are -- to the commissioner about that, 

20           and she said there are programs to assist.  

21           But really, if you could expand on what you 

22           need.

23                  MS. MILSTEIN:  The relief fund.

24                  ASSEMBLYWOMAN ROSENTHAL:  Yes.


                                                                   181

 1                  MS. MILSTEIN:  What we need is to help 

 2           projects that are newly built, something 

 3           before the 15-year recapitalization that 

 4           happens with preservation deals.  So there 

 5           are projects that were built during COVID, 

 6           rented up, and some of these projects have no 

 7           cash flow from some of the tenants that were 

 8           prequalified and we know they could pay, but 

 9           they don't.  

10                  There also has been more homeless 

11           set-asides in projects around the state, so 

12           those tenants are coming with little or no 

13           services and really need support.  And when 

14           they move out of a unit, the units aren't in 

15           shape where they can be re-rented.  And the 

16           projects haven't been online to have enough 

17           relief funds -- enough reserve funds, rather, 

18           to put those units back online.

19                  So it's a lot of COVID overhang.  It's 

20           a lot of damage caused by the increased 

21           number of homeless housing placements without 

22           sufficient support funds.  There's a whole 

23           host of reasons why the units, before they're 

24           recapitalized, need more money.


                                                                   182

 1                  ASSEMBLYWOMAN ROSENTHAL:  Thank you.

 2                  CHAIRWOMAN KRUEGER:  Thank you.

 3                  Senator May.

 4                  SENATOR MAY:  Thank you.  And thank 

 5           you all for your testimony.

 6                  I want to start with Mr. Simmons.  

 7           Welcome from Syracuse to Albany.  

 8                  I appreciate your request for money 

 9           for modernizing the public housing.  Talking 

10           about the Syracuse housing authority, how 

11           much money already has gone to SHA for that?  

12           How much would you appreciate of the money 

13           that you're asking for for the oldest housing 

14           project in the state that you oversee?

15                  MR. SIMMONS:  Yeah, as you know, for 

16           Syracuse we're getting ready to launch our 

17           transformative project that's going to 

18           demolish 600 units -- well, yeah, about 

19           600 units of public housing.  Pioneer Homes 

20           is one of the first in New York State, built 

21           in 1937 --

22                  SENATOR MAY:  I'm hoping for a quick 

23           answer here, so --

24                  MR. SIMMONS:  Oh, sorry.


                                                                   183

 1                  SENATOR MAY:  -- how much of the 

 2           money --

 3                  MR. SIMMONS:  Well, it's probably -- 

 4           because we're going to be doing it in phases, 

 5           we're probably looking at about 30 million in 

 6           the first couple of phases.

 7                  SENATOR MAY:  Okay.  So as you're well 

 8           aware, there's a lot of turmoil around what's 

 9           going on.  As I talk to the residents there, 

10           they know they're going to have to move.  You 

11           know, the highway's coming down, they know 

12           the project is going to be rebuilt.  But they 

13           don't have a timetable.  They're really 

14           anxious about it.

15                  Are you even at the point of having a 

16           timetable to create a timetable that can let 

17           them know what to expect?

18                  MR. SIMMONS:  Yeah, the -- we're in a 

19           process where we work through all the issues 

20           with the Department of HUD.  So if there are 

21           some financial commitments and a number of 

22           four or five dates that have to be worked 

23           through with HUD for final approval, because 

24           what HUD will do is give them the tenant 


                                                                   184

 1           protection vouchers.

 2                  Some of the residents are planning to 

 3           leave now because --

 4                  SENATOR MAY:  So are you giving clear 

 5           answers to the residents now?

 6                  MR. SIMMONS:  Yeah, absolutely.

 7                  SENATOR MAY:  Okay, good.

 8                  My other question is for Erin Burns.  

 9           You know that we're proposing a revolving 

10           fund for building new housing.  I would like 

11           to hear your thoughts on the feasibility of 

12           that, on what kinds of projects you would 

13           like to see.

14                  MS. BURNS-MAINE:  Yeah.  We're very 

15           excited to see the proposal for the revolving 

16           loan fund for multifamily housing.  CPC's 

17           absolutely excited about it, we think it's a 

18           very strong proposal.  We are standing at the 

19           ready for any sort of planning work that 

20           needs to go underway.  

21                  But I think it's something that's 

22           necessary as we think about spurring a 

23           production that needs to be spurred.  But 

24           we're very supportive of the proposal.


                                                                   185

 1                  SENATOR MAY:  I didn't hear that last 

 2           thing.

 3                  MS. BURNS-MAINE:  We're very 

 4           supportive of it.

 5                  SENATOR MAY:  No, just before that.

 6                  MS. BURNS-MAINE:  Oh, that it's going 

 7           to spur the production that is very much 

 8           needed in terms of multifamily housing.

 9                  SENATOR MAY:  I see.  And are you 

10           aware of developers who want to create those 

11           kinds of projects?

12                  MS. BURNS-MAINE:  Yes.  Yes.  I could 

13           see that being a program that would quickly 

14           be stood up and the demand would be shown.

15                  SENATOR MAY:  And 50 million -- we 

16           want to put a lot more in that.  You think 

17           that there's demand?

18                  MS. BURNS-MAINE:  Yes.

19                  (Laughter.)

20                  SENATOR MAY:  Okay, thank you.

21                  MS. BURNS-MAINE:  Thank you.

22                  CHAIRWOMAN KRUEGER:  Thank you.

23                  Next we have Assemblymember Lucas.

24                  ASSEMBLYWOMAN LUCAS:  Good afternoon.


                                                                   186

 1                  This question is for Ms. Milstein.

 2                  What strategies have the New York 

 3           State Association for Affordable Housing used 

 4           to promote MWBE initiatives that strengthen 

 5           and increase the participation of minority- 

 6           and women-owned businesses in the affordable 

 7           housing world?

 8                  MS. MILSTEIN:  Thank you for the 

 9           question.

10                  NYSAFAH has a longstanding commitment 

11           to MWBE programs.  We have a committee that 

12           meets regularly to vet the various programs 

13           that the state comes with.  We partner with 

14           HPD and HCR and run technical trainings.  

15           We've worked with CPC to run mentorship 

16           programs.  

17                  Recently we were asked by the state's 

18           MWBE program administrators to bring people 

19           in to vet a new program they were 

20           considering.  So we have a whole 

21           classification of membership within our 

22           organization for MWBE firms.  And at our 

23           annual conference we usually run a track or 

24           at least a panel on discussing MWBE 


                                                                   187

 1           procurement and business-building kinds of 

 2           ideas.

 3                  ASSEMBLYWOMAN LUCAS:  How would they 

 4           access some of this information regarding the 

 5           programs --

 6                  MS. MILSTEIN:  Well, it's a membership 

 7           program.  We're a 501(c)(6) not-for-profit 

 8           membership organization.  So those are all 

 9           programs and activities that are available to 

10           companies that join NYSAFAH as MWBEs.

11                  ASSEMBLYWOMAN LUCAS:  Thank you.

12                  CHAIRWOMAN KRUEGER:  Thank you.

13                  Excuse me.  Senator Cleare.

14                  SENATOR CLEARE:  Good afternoon, 

15           everyone.  Thank you.

16                  My question is mainly -- but it may 

17           relate to others -- but to CPC.  

18                  This revolving loan fund, would that 

19           be useful in New York City?

20                  MS. BURNS-MAINE:  I believe the 

21           current proposal is outside of New York City, 

22           but it absolutely would be another -- if it 

23           was something to be made statewide, there 

24           would absolutely be demand there.


                                                                   188

 1                  I believe the current proposal is 

 2           outside of New York City.

 3                  SENATOR CLEARE:  It is outside.  I 

 4           just wanted to know, you know, would it be 

 5           useful in New York City?

 6                  MS. BURNS-MAINE:  Absolutely.  And I 

 7           also think, to the earlier question, I think 

 8           the dollar figure is absolutely a great 

 9           starting place, but you could be 

10           oversubscribed very quickly given the need.

11                  SENATOR CLEARE:  Provided that type of 

12           a fund was available in New York City, could 

13           it address what I find is just these 

14           not-affordable affordable units?  Especially 

15           in communities like mine, of Harlem and 

16           West Harlem, East Harlem -- predominantly 

17           Black communities where the income is $55,000 

18           a year, average, and housing costs are 

19           44,000, 50,000 -- impossible amounts for that 

20           community to pay.  

21                  And in light of the recent New York 

22           Times report, thousands, hundreds of 

23           thousands of Blacks are leaving the state 

24           because they cannot afford to be here.


                                                                   189

 1                  Would a fund like this be helpful in 

 2           building housing that they could afford to 

 3           live in?

 4                  MS. BURNS-MAINE:  Yes.  Unequivocally, 

 5           yes.  Increasing supply, increasing tools to 

 6           build multifamily mixed-income housing will 

 7           spur production.  And by increasing supply, 

 8           you will be able to help with the housing 

 9           affordability crisis, absolutely.

10                  SENATOR CLEARE:  But targeting supply.  

11           Because, you know, no one has ever walked up 

12           to me in my decades of public service in this 

13           community and said, you know what, Cordell, 

14           you've got to get some more of that luxury 

15           housing.  You know, get on it.

16                  MS. BURNS-MAINE:  And I believe we're 

17           dealing with -- currently the vacancy rate's 

18           still around 1.5 percent, which is really 

19           low.  So you're absolutely right.

20                  SENATOR CLEARE:  Thank you.

21                  CHAIRWOMAN KRUEGER:  Thank you.

22                  Assemblymember Burdick.

23                  ASSEMBLYMAN BURDICK:  Thank you.  And 

24           I want to thank each of you for the work that 


                                                                   190

 1           you do to promote housing in the state, 

 2           particularly affordable housing.

 3                  And this is a question for NYSAFAH and 

 4           Jolie Milstein.  

 5                  And you may have heard the exchanges 

 6           with Commissioner Visnauskas regarding the 

 7           Pro-Housing Community Program.  And as you 

 8           may recall, my colleague to my right here, 

 9           Dana Levenberg and I are working on 

10           legislation to try to enhance that program.  

11                  And I wanted to get your thoughts on 

12           the bills that we have to provide more 

13           housing needs assessment and development of a 

14           housing plan by municipalities, and whether 

15           NYSAFAH supports that as well as the proposal 

16           to increase by 50 million the Executive 

17           Budget figure of 100 million for Pro-Housing 

18           Community development.

19                  MS. MILSTEIN:  Well, thank you for the 

20           question.  And thank you both for your 

21           support for affordable housing.

22                  We certainly endorse increasing by 

23           $50 million the fund for infrastructure 

24           investment in communities.  I think at least 


                                                                   191

 1           $50 million more.

 2                  We see communities all across the 

 3           state that want to build and are stopped dead 

 4           in their tracks because of the cost of 

 5           building out the infrastructure, including 

 6           electricity.  I thought that was a very good 

 7           point too.  We have a task force looking at 

 8           the inaccessibility of infrastructure for 

 9           electricity too, to build out new homes 

10           around.

11                  And I think any affordable housing 

12           that gets built with state or federal funding 

13           has to have a needs assessment.  So I think 

14           getting communities to start that process 

15           early and to require that to become a 

16           Pro-Housing Community, I think is just very 

17           smart.

18                  ASSEMBLYMAN BURDICK:  So you feel 

19           those would be positive --

20                  MS. MILSTEIN:  Yes.

21                  ASSEMBLYMAN BURDICK:  -- legislative 

22           proposals.

23                  Also, have you given thought to how 

24           that program in HCR might be improved, might 


                                                                   192

 1           be made more accessible, might enable more 

 2           communities to be certified and to get the 

 3           resources that they need in order to do the 

 4           infrastructure and so forth?

 5                  MS. MILSTEIN:  You know, I live in a 

 6           community -- I live across the river from 

 7           Kingston, and I think that they are doing a 

 8           very good job at outreach.  And I think it 

 9           will just -- as more communities join and the 

10           success of the program becomes known, I think 

11           more publicity about the successes and all of 

12           the positive things that are happening in 

13           those communities, and the sense of community 

14           from communities coming together to talk 

15           about these issues, really is spurring 

16           community-building I think just having the 

17           program.  

18                  So I think more publicity for the 

19           successes would be highly welcomed.

20                  ASSEMBLYMAN BURDICK:  Great.  Thanks 

21           very much.

22                  MS. MILSTEIN:  Thanks for your 

23           question.  

24                  CHAIRWOMAN KRUEGER:  Thank you.


                                                                   193

 1                  I'm sorry, next is Senator Walczyk.

 2                  SENATOR WALCZYK:  Thank you, 

 3           Madam Chair.

 4                  Do we need more public housing?

 5                  MR. SIMMONS:  Absolutely.  Affordable 

 6           housing and public.  And certainly -- well, 

 7           you need all housing in New York State and 

 8           throughout the nation.  And we've been 

 9           working in Syracuse to do a model that is 

10           mixed-income housing, and we're going to 

11           increase our stock from 600 to 1400 in a 

12           particular area which will have market rate, 

13           affordable, and returning of the public 

14           housing families that are there currently.

15                  SENATOR WALCZYK:  Is that the 

16           East Adams Neighborhood Transformation 

17           Project that you're referring to?

18                  MR. SIMMONS:  Yes.

19                  SENATOR WALCZYK:  How much does that 

20           cost?  

21                  MR. SIMMONS:  Well, it's going to be 

22           an eight-phase project, probably close to 

23           800 million when it's all said and done.

24                  SENATOR WALCZYK:  Eight hundred 


                                                                   194

 1           million?

 2                  MR. SIMMONS:  Yes.

 3                  SENATOR WALCZYK:  And your request, 

 4           because you're here on behalf of the 

 5           association, was for 75 million across the 

 6           state, is that right?

 7                  MR. SIMMONS:  Correct.

 8                  We requested 150 million last year; we 

 9           were able to get 75.  We've come back for 

10           75 more.  

11                  It's my understanding about 25 million 

12           of the previous dollars are left, and 

13           Syracuse, Schenectady and Buffalo have big 

14           projects that are coming up this year.

15                  SENATOR WALCZYK:  So how much of that 

16           75 million would end up in Syracuse for your 

17           project in the 15th Ward?

18                  MR. SIMMONS:  We, as I pointed out 

19           earlier, will be doing it in phases.  And of 

20           that 75 million, we'll probably have close to 

21           30, maybe 25 million in that first couple of 

22           years.

23                  SENATOR WALCZYK:  So in your testimony 

24           that's the -- you talked about demolition and 


                                                                   195

 1           replacement.  That's specifically what you 

 2           were talking about, is projects like the 

 3           East Adams --

 4                  MR. SIMMONS:  Correct.

 5                  SENATOR WALCZYK:  -- Neighborhood 

 6           Transformation Project?

 7                  MR. SIMMONS:  Yes.  We recently won a 

 8           $50 million competitive revitalization grant 

 9           from HUD this year, which will go towards 

10           demolition and a number of those kinds of 

11           expenses that you really can't get from the 

12           NYSPHADA program.

13                  So while HCR has done a great job of 

14           prioritizing our transformation plan with the 

15           housing component, you know, we're working 

16           with the city and county for infrastructure, 

17           putting in new pipes and streetways, making 

18           neighborhoods safer.  But we did get a 

19           $50 million grant from the HUD department for 

20           the relocation of families, demolishing the 

21           buildings, and helping clean up some of the 

22           land.

23                  SENATOR WALCZYK:  And your housing 

24           authority is committed to that project?


                                                                   196

 1                  MR. SIMMONS:  Absolutely.

 2                  SENATOR WALCZYK:  So when we talk 

 3           about affordable housing in the State of 

 4           New York, we -- generally, as a rule of 

 5           thumb, 30 percent of your income is used.  

 6           But we qualify "affordable" as 80 percent of 

 7           the average area income, or AMI.  

 8                  How are we helping the middle class 

 9           afford homes in the State of New York?

10                  MR. SIMMONS:  Well, in Syracuse, 

11           that's the beauty of the transformation 

12           project, because we currently have 600 public 

13           housing units and we're going from 600 to 

14           1400, creating more housing for market rate 

15           and affordable in Syracuse.

16                  CHAIRWOMAN KRUEGER:  Thank you.

17                  Assemblymember Lee.

18                  ASSEMBLYWOMAN LEE:  Good afternoon.

19                  This question is for Mr. Simmons.

20                  You know, two years ago we worked very 

21           hard to secure funding in the budget for the 

22           Emergency Rental Assistance Program.  Can you 

23           just talk about the impact that has had on 

24           the public housing authorities that are under 


                                                                   197

 1           NYSPHADA?

 2                  MR. SIMMONS:  Yeah, we've had some 

 3           20 housing authorities that are included in 

 4           my testimony that have done work.  And as you 

 5           remember, I came to HCR about six years ago 

 6           when the previous -- Governor Cuomo gave 

 7           200 million to NYCHA for their roofs.  And I 

 8           said, "Well, wait a minute, what about us?  

 9           You know, we're getting cut back from the 

10           federal government, and we could use some 

11           roofs as well."

12                  Well, going through the process, and a 

13           long story short, HCR said, Look, you know, 

14           you guys have got to take advantage of this 

15           Rental Assistance Demonstration Program where 

16           you're transforming your properties in a 

17           holistic way, and so you're not coming to us 

18           every year for a roof and a window.

19                  And we've been doing that for the past 

20           five years, using up most of the 

21           $250 million.  And we've been getting 

22           additional dollars -- 75 million last year.  

23           We hope to get -- your colleagues have been 

24           successful in putting in another 75 for us 


                                                                   198

 1           this year, and it's worked out tremendously 

 2           to really help public housing and affordable 

 3           housing maintain itself in New York State and 

 4           upstate New York.  Thank you for your help.  

 5                  ASSEMBLYWOMAN LEE:  That's right.  And 

 6           to keep people in their homes as well.

 7                  MR. SIMMONS:  Absolutely.

 8                  ASSEMBLYWOMAN LEE:  It's quite a shame 

 9           that the Governor at the time excluded public 

10           housing residents across New York State from 

11           that program.

12                  MR. SIMMONS:  Yeah.  And, you know, 

13           not only has the Legislature been helpful 

14           with monies to repurpose our properties, but 

15           also you've been very, very helpful with the 

16           rental assistance for so many families who 

17           couldn't pay their rent during the COVID 

18           time.  So I want to thank you again.

19                  ASSEMBLYWOMAN LEE:  Thank you.  

20                  For Jolie, just in the last minute 

21           here, I wanted to understand better the 

22           insurance and the $2 million backstop.  That 

23           seems like a very small amount of money, 

24           given -- if you're thinking about a portfolio 


                                                                   199

 1           of a number of buildings that are going to be 

 2           insured by this captive insurance fund.

 3                  Can you talk more about that?

 4                  MS. MILSTEIN:  Yes.  Our proposal is 

 5           asking for $3 million for the -- for outside 

 6           Milford.  ESD's giving 2 million to Milford.

 7                  We think that that will help -- every 

 8           company that becomes part of this cooperative 

 9           insurance effort has to put some money in.  

10           There's some less-well-endowed 

11           not-for-profits than others, and the 

12           3 million is a stopgap, really, intended to 

13           help more companies participate in 

14           Milford-like captives.

15                  So it's not meant to underwrite the 

16           entire loss pool, it's meant to supplement.  

17           We have other ideas about how we can expand 

18           support for insurance costs that are rising 

19           to all the businesses around the state, and 

20           we're part of a federal workgroup to do the 

21           same.

22                  ASSEMBLYWOMAN LEE:  Okay, great.  

23           Thank you.

24                  CHAIRWOMAN KRUEGER:  Okay, thank you.


                                                                   200

 1                  Our next is Assemblywoman Levenberg.

 2                  ASSEMBLYWOMAN LEVENBERG:  Thank you 

 3           all so much for all the good work that you're 

 4           doing to retain and improve all of the 

 5           housing statewide, especially our affordable 

 6           housing stock.

 7                  I am curious -- first of all, I just 

 8           wanted to say yay, I love that $1 billion 

 9           State of Yes idea.  That sounds phenomenal.  

10           As long as we actually understand how it's 

11           going to play out, just the way everybody 

12           wants to know how City of Yes is playing out.

13                  Also, I am curious for all the work 

14           that's been done around electrification.  If 

15           you're looking at climate-resilient 

16           building -- and I don't know if Erin, you 

17           wanted to take that a little bit.  I'm just 

18           going to throw out all the questions and 

19           whoever can get to any of them.

20                  Nobody really talked at all about the 

21           Housing Access Voucher Program.  Maybe that's 

22           not really in your bailiwick, I don't know.  

23           But it's something that, you know, we've 

24           talked a lot about and seemed like something 


                                                                   201

 1           that would have been really, really helpful.  

 2           Okay, you guys are going to be talking about 

 3           it.  But in case you had any thoughts about 

 4           that.

 5                  And finally, I wanted to know a little 

 6           bit sort of about the Mitchell-Lama or any of 

 7           the affordable housing, after it's 

 8           recapitalized, if there's any oversight after 

 9           modernization that the buildings are actually 

10           keeping up with their promises that they made 

11           to get that recapitalization.

12                  Go.

13                  (Laughter.)

14                  MS. BURNS-MAINE:  I can talk 

15           electrification --

16                  MS. MILSTEIN:  It's one of my favorite 

17           topics, but you guys are in the weeds.

18                  MS. BURNS-MAINE:  I didn't get there, 

19           but we actually in the submitted testimony 

20           are very supportive of an HAVP program or any 

21           sort of state voucher program to look for, 

22           and have continued to support that year after 

23           year that we've considered it.

24                  We know that it's expensive to 


                                                                   202

 1           consider a statewide housing assistance 

 2           voucher program, but we are very supportive 

 3           of that in our priorities.

 4                  As it pertains to climate resiliency, 

 5           it's definitely a priority of CPC's.  We've 

 6           been looking at any opportunity we have in 

 7           terms of the resources available to build 

 8           those into our lending tools.

 9                  In addition to the electrification and 

10           the work that we're doing through the 

11           Climate-Friendly Homes Program, we are 

12           working with a number of different developers 

13           on climate resilient programs.  This is 

14           something as we consider the insurance 

15           premium crisis and all of the work ahead, 

16           that we also need to consider from an 

17           insurance perspective kind of rising costs as 

18           we face more and more climate-related 

19           disasters.  There's a lot of work to be done.

20                  I'll hand it to Jolie I think next on 

21           this.

22                  MS. MILSTEIN:  Thank you.

23                  Look, all the new affordable housing 

24           that gets built, public, affordable, 


                                                                   203

 1           mixed-income, is all electric across the 

 2           state.  I think our big challenge on 

 3           electrification is retrofitting.  

 4                  So, you know, we are running webinars, 

 5           we're working with CPC and other lenders, 

 6           we're doing everything we can in the larger 

 7           picture about infrastructure and making sure 

 8           the grid is resilient and we can actually 

 9           electrify all these buildings.  Because let's 

10           be honest, there's not enough grid capacity 

11           to electrify all of New York City, and the 

12           state has problems where -- that are 

13           different but also very challenging.

14                  So we're working holistically with the 

15           state, with the city, with other small 

16           cities, and with federal resources to make 

17           sure we're ahead of the game.

18                  ASSEMBLYWOMAN LEVENBERG:  Thanks.  

19           I'll follow up with the recapitalization 

20           question.

21                  CHAIRWOMAN KRUEGER:  Thank you.

22                  Assemblyman Mank-telow.  I'm trying.

23                  ASSEMBLYMAN MANKTELOW:  Perfect, 

24           Madam Chair.


                                                                   204

 1                  William, a question for you.  

 2                  I think your ask was again 75 million 

 3           this year in the budget.

 4                  MR. SIMMONS:  Yes.

 5                  ASSEMBLYMAN MANKTELOW:  And it was 

 6           75 million last year as well?

 7                  MR. SIMMONS:  Yes, correct.

 8                  ASSEMBLYMAN MANKTELOW:  How much of 

 9           that goes to actual admin costs, of the 

10           75 million?  Or is that total project money?

11                  MR. SIMMONS:  Yeah, most of that is 

12           capitalization, utilizing the Low Income 

13           Housing Tax Credit Program, the 9 percent and 

14           the 4 percent program.  That's where those 

15           dollars go.  

16                  Very little to none goes to 

17           operational costs.

18                  ASSEMBLYMAN MANKTELOW:  So if you had 

19           to take a wild guess, how much goes to admin?

20                  MR. SIMMONS:  Again, I think all of 

21           it -- all those dollars are capital, 

22           committed to the capital --

23                  MS. MILSTEIN:  They're capital 

24           expenses, and they have some over -- you 


                                                                   205

 1           know, project administration fees built into 

 2           the LIHTC construction program.  So it's less 

 3           than a market-rate project would usually see 

 4           in terms of project oversight and things like 

 5           that.  It's pretty tight.

 6                  ASSEMBLYMAN MANKTELOW:  So if most of 

 7           that money goes there, where does the funding 

 8           go for you?  Or how do you get paid?

 9                  MR. SIMMONS:  I get paid because I'm a 

10           member of the Public Housing Authority.  And 

11           so we get our money from the federal 

12           government.  

13                  They pay -- we have a contract with 

14           the federal government for the maintaining 

15           of --

16                  ASSEMBLYMAN MANKTELOW:  Okay.

17                  MR. SIMMONS:  And so we're building 

18           out new and affordable housing or repurposing 

19           our existing housing, but my salary is paid 

20           for by the Department of Housing and Urban 

21           Development.

22                  MS. MILSTEIN:  It's not a capitalized 

23           expense as the industry is.

24                  MR. SIMMONS:  No.


                                                                   206

 1                  ASSEMBLYMAN MANKTELOW:  I was just 

 2           wondering, because every dollar that we can 

 3           put out there on the ground is a dollar well 

 4           spent.  And I'm not saying spending money on 

 5           you is not well spent, but I like to see the 

 6           projects.

 7                  And I believe your association was 

 8           very instrumental in the St. Francis 

 9           apartments in Geneva.

10                  MR. SIMMONS:  Yes.

11                  ASSEMBLYMAN MANKTELOW:  And I just 

12           wanted to give you a shout out on that.  I 

13           followed that project.  I live in Lyons, just 

14           a little ways north, and that project was 

15           really, really well done.  So I just want to 

16           give you kudos to a great job, because that 

17           was good to see and it's good to see those 

18           dollars go there into something that's 

19           really, really useful for the community.

20                  So thank you for what you've -- 

21           however you helped that project, thank you.

22                  MR. SIMMONS:  We have a lot of 

23           hardworking public servants who are very, 

24           very committed to public and affordable 


                                                                   207

 1           housing.  Thank you.

 2                  ASSEMBLYMAN MANKTELOW:  Thank you for 

 3           the time, and I'll yield the rest of my time, 

 4           Madam Chair.

 5                  CHAIRWOMAN KRUEGER:  Thank you.

 6                  Senator Steve -- Assemblymember Otis.

 7                  ASSEMBLYMAN OTIS:  Thank you very 

 8           much.  

 9                  A question for Mr. Simmons.  Thank you 

10           for being here.

11                  Could you give us a sense for the 

12           outside of New York City housing, municipal 

13           housing authorities?  How's the financial 

14           health and physical health compared to a 

15           couple of years ago, where there were some 

16           real stress points?

17                  MR. SIMMONS:  In my testimony today 

18           there's about 22 housing authorities that 

19           have used the state funding for the tax 

20           credit program, along with the money that 

21           they had from the Department of Housing and 

22           Urban Development.  Many of them have spent 

23           anywhere from 10 million to $20 million 

24           revitalizing their properties, and many of 


                                                                   208

 1           these properties prior to getting involved 

 2           with New York State were really just dying 

 3           the death of a thousand cuts because the 

 4           Department of Housing and Urban Development 

 5           really wasn't funding to the level for the 

 6           capital needs of public housing.

 7                  So many of them are doing great, and 

 8           there's quite a list more of housing 

 9           authorities that are utilizing the program 

10           now.  It wasn't easy in the beginning because 

11           many of these housing authorities were 

12           getting their federal funds from HUD and 

13           getting an allotment and they would just 

14           apply it to their repairs as much as they 

15           could do, but getting involved in tax credits 

16           is a lot more complicated -- lawyers, 

17           developers, architects, engineers -- and it 

18           took a little bit of work to change the 

19           paradigm for so many of these housing 

20           authority members and their boards.

21                  But we got there, and it's been 

22           working out great.

23                  ASSEMBLYMAN OTIS:  We need to keep the 

24           money flowing.  We need to keep that 


                                                                   209

 1           continued work a reality.

 2                  MR. SIMMONS:  Yup.  Yup.

 3                  ASSEMBLYMAN OTIS:  Thank you very 

 4           much.  Thank you for what you do.

 5                  MR. SIMMONS:  Thank you.

 6                  CHAIRWOMAN KRUEGER:  Senator -- you 

 7           know, I'm in a pattern of I call the Senators 

 8           and an Assemblymember calls the 

 9           Assemblymembers, so I keep rolling it wrong, 

10           I apologize.

11                  SENATOR KAVANAGH:  I'm willing to jump 

12           in, though.

13                  (Laughter.)

14                  CHAIRWOMAN KRUEGER:  No, we don't get 

15           anymore, sorry.

16                  (Laughter.)

17                  CHAIRWOMAN KRUEGER:  Assemblymember 

18           Novakhov.

19                  ASSEMBLYMAN NOVAKHOV:  Thank you.

20                  So Neighborhood Preservation Coalition 

21           and the Community Preservation Corporation -- 

22           my question is to Erin and Mark.  How are you 

23           going to preserve New York City 

24           private-houses-only communities and 


                                                                   210

 1           neighborhoods from the City of Yes?  So how 

 2           can I avoid a 10-story building next to my 

 3           two-story house?  And how much money is 

 4           intended for that cost?

 5                  Thank you.

 6                  MR. STREB:  So Neighborhood 

 7           Preservation Coalition, our companies are 

 8           not-for-profits on the ground.  We utilize 

 9           the tools of the toolbox.  The tools are all 

10           the great programs that HCR runs and you guys 

11           fund, because each instance is a unique 

12           challenge of its own.  So the goal is to make 

13           sure we maintain people living in their 

14           homes.  If that's making sure that their 

15           boiler works or there's a hole in the roof or 

16           whatever type of service that they need, our 

17           companies are the ones that will help 

18           identify that, work with that constituent, 

19           and make sure they can stay in that home.

20                  MS. BURNS-MAINE:  And CPC is a 

21           construction lender.  We also have permanent 

22           mortgage products.  We absolutely will be 

23           working with any sort of new developments to 

24           advise City of Yes.  


                                                                   211

 1                  We're excited to see New York City 

 2           neighborhoods embrace a little bit more 

 3           housing in every district, and we're grateful 

 4           to the state for their commitment to build 

 5           the infrastructure to allow those 

 6           neighborhoods to embrace it. 

 7                  ASSEMBLYMAN NOVAKHOV:  So there's 

 8           nothing -- because I'm coming at it from the 

 9           name of your organizations.  So there's 

10           nothing to preserve the community or 

11           neighborhood and to protect it from the 

12           larger developments of the City of Yes 

13           program?

14                  MS. BURNS-MAINE:  I don't think I 

15           understand the question.

16                  ASSEMBLYMAN NOVAKHOV:  I mean, for me, 

17           preserving the community and preserving the 

18           neighborhood is exactly, you know, the 

19           opposite of the City of Yes.  Right?

20                  MS. BURNS-MAINE:  Understood.  Sure.

21                  ASSEMBLYMAN NOVAKHOV:  Are your 

22           organizations doing anything to preserve 

23           those communities and neighborhoods?

24                  MS. BURNS-MAINE:  So CPC has been 


                                                                   212

 1           around for 50 years.  Our preservation is 

 2           really looking at housing and affordable 

 3           housing as a precious resource, which it is 

 4           in New York City.  

 5                  We absolutely are committed to 

 6           preserving affordable housing, 

 7           rent-stabilized housing.  Our investments 

 8           into the signature portfolio I think speak to 

 9           that, as well as, you know, our 50-year 

10           history in the rent-stabilized stock.

11                  We see investing in new construction 

12           and a little bit more housing in every 

13           neighborhood as something that we need to do 

14           to preserve the City of New York.  So 

15           absolutely, that's part of our commitment to 

16           preservation.

17                  MR. STREB:  Every home, every 

18           apartment building that we can make sure 

19           stays in good working order or every small 

20           landlord or every landlord can maintain that 

21           property, I think that is a step in the right 

22           direction.

23                  CHAIRWOMAN KRUEGER:  Assemblymember 

24           Meeks.


                                                                   213

 1                  ASSEMBLYMAN MEEKS:  Thank you.

 2                  I think this question can go across 

 3           the board.

 4                  Are you meeting state MWBE regulations 

 5           or guidelines that are set forth?  And what 

 6           are you doing to meet those regulations or 

 7           those standards?

 8                  MR. SIMMONS:  From the Syracuse 

 9           Housing Authority standpoint, our goals are 

10           30 percent participation.  Not only do we 

11           meet the goals in terms of our capital 

12           improvement programs, but for our vacant 

13           apartment prep turnaround program from 

14           operational monies, the vast majority of our 

15           contractors are MWBE.  

16                  We meet and exceed the goals all the 

17           time.  We do constant outreach for 

18           contractors and promoting of our programs.  

19           And what helps us out tremendously is that 

20           many of our vendors get paid on a biweekly 

21           basis.  So if I'm a contractor and I do work 

22           with the federal government or state 

23           government, I may have to wait 20, 30 days.  

24           Syracuse Housing Authority, we pay you in two 


                                                                   214

 1           weeks.  And so guys love to work and they 

 2           keep coming back.  

 3                  So we run a very active program, been 

 4           doing it for years.

 5                  ASSEMBLYMAN MEEKS:  Thank you.

 6                  MS. MILSTEIN:  All of our developers 

 7           that build affordable housing are required, 

 8           because of the public/private partnership, to 

 9           meet a minimum threshold -- maybe you know 

10           it.  I think it's 30 percent of the workforce 

11           is required to be MWBE certified by the city 

12           or the state, depending upon the funding 

13           mechanism.

14                  And those funds are overseen and 

15           checked on.  And NYSAFAH, for our part, runs 

16           forums where developers who are hiring and 

17           contractors who are hiring, we have job 

18           forums where we bring together vendors and 

19           MWBE companies with those who are seeking to 

20           hire those companies as part of their 

21           public/private contract financing, so.

22                  ASSEMBLYMAN MEEKS:  So what percentage 

23           would you say you're meeting as it relates to 

24           MWBE?


                                                                   215

 1                  MS. MILSTEIN:  Everyone is required, 

 2           to get funded -- I believe it's 30 percent.

 3                  ASSEMBLYMAN MEEKS:  We're familiar 

 4           with what the requirement is, but we know 

 5           that often that's not met.  So are you --

 6                  MS. MILSTEIN:  Well, in our program 

 7           they have to be met or you don't get paid.  

 8           So if you don't have certified and checked 

 9           and vetted 30 percent compliance, you won't 

10           get -- the funds won't flow.

11                  So for those public/private 

12           partnerships -- I don't know what happens on 

13           other projects, but for all of our projects, 

14           it's nonnegotiable.  I mean, if you don't 

15           meet the requirements -- there are huge fines 

16           if you don't meet the requirements and stay 

17           certified.

18                  ASSEMBLYMAN MEEKS:  Thank you.

19                  MS. BURNS-MAINE:  That's right.  I 

20           would add to that it's the same answer I 

21           think for CPC's portfolio.  

22                  And I would also add we understand 

23           that the real estate industry has a very high 

24           threshold for entry, so we've been doing a 


                                                                   216

 1           tremendous amount in the last few years to 

 2           invest in -- we've been providing technical 

 3           assistance and training through our ACCESS 

 4           Incubator program to -- I think we're in our 

 5           fourth cohort of new, up-and-coming 

 6           developers, many of them are led by people of 

 7           color, to develop their own small businesses 

 8           and their own real estate projects, building 

 9           the industry up.  We've invested $40 million 

10           of CPC's money in that program.

11                  ASSEMBLYMAN MEEKS:  Thank you.

12                  CHAIRWOMAN KRUEGER:  Thank you.

13                  All right, with that, thank you all 

14           for your participation and your testimony 

15           today, and your work on behalf of New Yorkers 

16           every day.  

17                  We're going to excuse this panel, and 

18           we're going to call up Panel B:  Legal 

19           Services for New York City; Center for 

20           New York City Neighborhoods; Center for 

21           Public Enterprise; Strong Economy for All 

22           Coalition.

23                  (Off the record.)

24                  CHAIRWOMAN KRUEGER:  I think we only 


                                                                   217

 1           have two of the four representatives.

 2                  (Off the record.)

 3                  CHAIRWOMAN KRUEGER:  Is Charles Khan, 

 4           Strong Economy for All, here?  I actually 

 5           know he was at the earlier hearing this 

 6           morning, so maybe there was just a little 

 7           confusion. 

 8                  So hi.  Because, let's see, there's 

 9           only one of you -- but there's one, two, 

10           three, four, five, six on the next panel -- 

11           please start.  

12                  You have to press it to green -- oh, 

13           there, you had it.  Oh, there you go.

14                  MS. BLACK:  Good afternoon.  I'm 

15           Rosalind Black.  I'm the Citywide Housing 

16           Director of Legal Services NYC, the nation's 

17           largest provider of free civil legal 

18           services --

19                  CHAIRWOMAN KRUEGER:  Pull it a little 

20           closer so people can hear.  Thank you.

21                  MS. BLACK:  I'm the housing director 

22           at Legal Services NYC, the nation's largest 

23           provider of free civil legal services to 

24           low-income households. 


                                                                   218

 1                  Thank you for allowing me to speak 

 2           today about the innovative Housing-Public 

 3           Benefits Initiative built with the funding 

 4           allocated to legal services for 

 5           representation for eviction, starting in 

 6           2023.

 7                  In 2023 we were very pleased to 

 8           receive $10 million administered by OTDA and 

 9           presented as a renewable three-year grant to 

10           provide eviction prevention services.  We 

11           knew this funding could have a huge impact on 

12           tenants facing eviction if we could figure 

13           out how to break the eviction cycle by 

14           increasing income and rental subsidies for 

15           those coming before us.

16                  So we built this Housing-Public 

17           Benefits Initiative.  We now have 40 public 

18           benefits advocates who partner with our 

19           housing attorneys.  Here's an example of our 

20           work.

21                  Mr. A is a 65-year-old disabled 

22           veteran who was living in a rent-stabilized 

23           Manhattan apartment for 15 years.  His 

24           landlord sued him for $33,000 in back rent.  


                                                                   219

 1           His SSD income was too low to afford his 

 2           rent.  A public benefits attorney immediately 

 3           partnered with our housing attorney.  Using 

 4           legal strategy we won a $4,000 reduction in 

 5           the rent owed.  We increased his income by 

 6           getting him on food stamps at 230 a month.  

 7           We got him a CityFHEPS rental subsidy that 

 8           paid the arrears of $29,000, and now he has 

 9           an ongoing rental subsidy from CityFHEPS of 

10           $550 a month.

11                  Given this disabled veteran's serious 

12           health issues -- he had been hospitalized for 

13           five months with a leg infection and faces 

14           amputation -- losing his home would be 

15           devastating.  Fortunately, our team's 

16           tenacious and holistic advocacy allowed him 

17           to remain in an affordable home and gain 

18           long-term financial stability.

19                  This is just one of the thousands of 

20           examples of how we've been able to expand our 

21           work.  We can now evaluate every one of the 

22           many thousands of tenants who come to us at 

23           risk of eviction to make sure they receive 

24           every cent of benefits and rent subsidies 


                                                                   220

 1           they qualify for -- from the Medicaid savings 

 2           plan to food stamps, FHEPS, CityFHEPS, and 

 3           SCRIE/DRIE rental subsidies and benefits.

 4                  With our help, tenants get the income 

 5           and rental subsidies that all of you in the 

 6           Legislature have fought so hard for.  

 7                  From the program's inception in 

 8           October 2023 through 2024, our organization 

 9           handled over 7,000 cases.  We went from 

10           handling 690 benefits cases in all of 2023 to 

11           over a thousand cases every quarter in 2024, 

12           which is more than a 480 percent increase.

13                  Crucially, the number of cases where 

14           we get back-rent money from public assistance 

15           or charities is going down relative to the 

16           number of more permanent affordability 

17           solutions like FHEPS or CityFHEPS or 

18           SCRIE/DRIE.

19                  While we received 10 million the first 

20           year, our funding was reduced to 4 million 

21           the second year as other providers were 

22           brought in to share a $10 million pool.

23                  (Time clock sounds.)

24                  CHAIRWOMAN KRUEGER:  Thank you.


                                                                   221

 1                  Senator Robert Jackson.

 2                  SENATOR JACKSON:  First, thank you for 

 3           staying the course.

 4                  MS. BLACK:  Absolutely.

 5                  SENATOR JACKSON:  And Legal Services 

 6           of New York City, that only deals with 

 7           housing or it deals with other aspects of 

 8           legal services?

 9                  MS. BLACK:  Well, our organization 

10           is -- you know, we provide all legal 

11           services.  I'm here as the housing director 

12           speaking on behalf of the funding that we 

13           receive in particular from the state that 

14           funds the Housing-Public Benefits Initiative 

15           that we have.

16                  SENATOR JACKSON:  And you said that 

17           your request was $10 million, is that what 

18           you said earlier?

19                  MS. BLACK:  Yeah, I didn't quite get 

20           to finish.  We received $4 million this year, 

21           so we're requesting that we receive 

22           10 million and that the overall pool, which 

23           for New York City right now is at 10, be 

24           increased to 30 million, and the other 


                                                                   222

 1           providers doing this work be similarly 

 2           proportionally increased in funding.

 3                  SENATOR JACKSON:  So the 10 million is 

 4           not only for housing, it's for the entire 

 5           New York City legal services?  Or is the 

 6           10 million for only housing?

 7                  MS. BLACK:  The $10 million is going 

 8           towards the innovative project that really 

 9           supports the housing, that gets the people 

10           the public benefits that they are entitled to 

11           in order to prevent their eviction and 

12           provide them with long-term affordability.  

13           So yes.

14                  SENATOR JACKSON:  Well, let me thank 

15           you, as I said earlier, for staying the 

16           course.  Obviously you and your team that you 

17           supervise down in New York City are doing a 

18           great job.  I mean, the needs are great and 

19           as attorneys working in order to help people 

20           stay in their home and/or whatever the 

21           problem is, it's so, so important.

22                  And I want to thank you on behalf of 

23           all of the constituents no matter where they 

24           live at -- my district is in Northern 


                                                                   223

 1           Manhattan in the Bronx -- but anywhere, it 

 2           doesn't matter.  You're doing a good job.

 3                  And I want to just ask you about that.  

 4           How many people under your jurisdiction as 

 5           the citywide housing director are dealing 

 6           with housing?

 7                  MS. BLACK:  How many housing staff do 

 8           we have?

 9                  SENATOR JACKSON:  Yeah.

10                  MS. BLACK:  Over 200.  I mean, it's 

11           been amazing to be able to grow the size of 

12           our staff and have -- you know, with the 

13           resources mostly from the city, right -- that 

14           we are engaging in right to counsel and 

15           engaging in affirmative tenant work, yeah.

16                  SENATOR JACKSON:  And last year, what 

17           was in the budget?

18                  MS. BLACK:  Last year New York City 

19           received $10 million.

20                  SENATOR JACKSON:  You received the 

21           10 million, you said?

22                  MS. BLACK:  New York City got 

23           10 million, yeah.

24                  SENATOR JACKSON:  And is that what 


                                                                   224

 1           you're asking for, the same thing?

 2                  MS. BLACK:  We're asking that -- well, 

 3           right now -- right now it's not in the 

 4           Executive Budget at all, it's in the -- I 

 5           believe it's in the Assembly budget and it's 

 6           in the Senate budget.  It's in I think the 

 7           Senate at 10 and the Assembly I think at 30.

 8                  We were asking that it be, you know, 

 9           part of the state budget at 10 and we are 

10           asking for an increase overall to 30 so that 

11           our org would get 10 and the other orgs would 

12           get I think 10 and 10 as well.

13                  SENATOR JACKSON:  Okay, thank you.  

14           I'll follow up with you later.

15                  CHAIRWOMAN KRUEGER:  Thank you.

16                  MS. BLACK:  Thank you, 

17           Senator Jackson.

18                  SENATOR JACKSON:  Thank you.

19                  CHAIRWOMAN KRUEGER:  Assemblywoman 

20           Rosenthal.

21                  ASSEMBLYWOMAN ROSENTHAL:  Thank you 

22           very much.  And thank you for your work.  

23                  Have you seen good-cause eviction 

24           cases during the past year?


                                                                   225

 1                  MS. BLACK:  Yes.  I mean, good-cause 

 2           eviction is having a huge impact in a lot of 

 3           very positive ways.  It's giving, you know, 

 4           tenants defenses and reasons to be able to 

 5           stay in their homes.  

 6                  It's also impacting our work in the 

 7           sense that housing eviction defense is 

 8           becoming more complicated and more 

 9           time-consuming because the law -- there was a 

10           lot of vagueness in the law, right?  I'm 

11           sure, you know, intentionally left that way 

12           that will be resolved through litigation.  

13           Right?  Like what is a small landlord who 

14           owns this building, so the litigation coming 

15           out of that is making Housing Court cases 

16           much more complex.

17                  ASSEMBLYWOMAN ROSENTHAL:  I mean, in 

18           my office I found tenants who live in a 

19           good-cause-eligible apartment building often 

20           do not get those lease riders where they need 

21           to be informed if they are or are not subject 

22           to good cause, and the increases are much 

23           steeper than 8.84 allowed.  Have you seen 

24           that as well?


                                                                   226

 1                  MS. BLACK:  We -- the people who come 

 2           to us, there have been a few who have been in 

 3           that situation.  We've been able to clear it 

 4           up, obviously.  Right?  

 5                  And so we hope that more people 

 6           continue to contact us with their questions, 

 7           right, who come to us proactively who say I 

 8           didn't get the notice, is my building subject 

 9           to good cause?  And you really need a lawyer 

10           to navigate it.  It's almost impossible on 

11           your own to be able to do the investigation 

12           to uncover whether you qualify.

13                  So we are available as a legal 

14           services provider to engage on those issues.

15                  ASSEMBLYWOMAN ROSENTHAL:  But, you 

16           know, more case law is being developed on 

17           this matter?

18                  MS. BLACK:  Case law is being 

19           developed every day.  Yes, absolutely.  You 

20           have to give a notice, and when, and we're 

21           litigating all those meaty issues, 

22           absolutely.

23                  ASSEMBLYWOMAN ROSENTHAL:  Yeah.  Well, 

24           hopefully we can fix some of that and make it 


                                                                   227

 1           better in the future.

 2                  I carry the bill with Senator Kavanagh 

 3           establishing the Housing Access Voucher 

 4           Program.  Since you mentioned the other 

 5           voucher programs, I wonder if you'd just say 

 6           a few words about the necessity for a 

 7           statewide voucher program.

 8                  MS. BLACK:  Yeah, absolutely.  I feel 

 9           that, you know, the tenants who are lucky 

10           enough to qualify for the limited voucher 

11           programs -- we fight really hard to get them 

12           in, but most of the people who come to us are 

13           not qualifying for it, right?  They don't 

14           have a way to afford their apartments and 

15           have them -- be able to have rents that they 

16           can sustain. 

17                  You know, if there were to be such a 

18           program, what we're doing here will go really 

19           nicely hand in hand to support it.  Right?  

20           We can make sure people qualify for it, make 

21           sure people have it at the right level, fight 

22           for all those things.  So absolutely.  It 

23           couldn't be more crucial to have those kinds 

24           of vouchers for tenants.


                                                                   228

 1                  ASSEMBLYWOMAN ROSENTHAL:  Okay.  Thank 

 2           you, and thanks for your work.

 3                  MS. BLACK:  Thank you.

 4                  CHAIRWOMAN KRUEGER:  Senator Brian 

 5           Kavanagh.

 6                  SENATOR KAVANAGH:  I'll try to be 

 7           brief here.

 8                  Just -- this is partly just to clarify 

 9           what the ask is and what happened in response 

10           to some of the questions from my colleague 

11           Senator Jackson.

12                  So just -- this is your -- you're 

13           talking about the funding that has been added 

14           over the last few years by the Legislature 

15           for legal assistance specifically for tenants 

16           throughout the state.  And obviously you 

17           handle the New York City portion of that, 

18           right?

19                  MS. BLACK:  Yes.

20                  SENATOR KAVANAGH:  So this is the 

21           program that we had 25 million -- we 

22           originally had $25 million that was sort of 

23           carved out of ERAP money, and that was only 

24           for non-New York City, I believe.  And then 


                                                                   229

 1           we -- over the last couple of years we got it 

 2           up to 40 million; in last year's adopted 

 3           budget, $40 million for outside New York 

 4           City, and you had a $10 million pot for 

 5           within New York City, of which your 

 6           organization got $4.2 million, is that right?

 7                  MS. BLACK:  Our organization receives 

 8           $4 million of the $10 million New York City 

 9           pot.  I believe there's 35 million that 

10           goes -- 40 million went to the upstate 

11           communities and 10 for New York City.

12                  SENATOR KAVANAGH:  Forty for upstate 

13           and 10 for New York City.

14                  MS. BLACK:  Yes.

15                  SENATOR KAVANAGH:  And that was 

16           divided among Legal Services and 

17           Legal Aid and a few others.

18                  MS. BLACK:  Legal Aid Society is 

19           getting 4 and I think 2 goes to New York 

20           City -- {inaudible} civil justice.

21                  SENATOR KAVANAGH:  And you're 

22           proposing for this year, for within New York 

23           City, a total of $30 million, of which you 

24           would hope to get 10 million for Legal 


                                                                   230

 1           Services NYC, is that right?

 2                  MS. BLACK:  Yes, that's correct.

 3                  SENATOR KAVANAGH:  Okay, good.  I'm 

 4           going to leave it there.  I appreciate your 

 5           work and obviously you have been very 

 6           supportive -- going to make sure this money 

 7           is available.  

 8                  But I don't have any further 

 9           questions.  Thanks.

10                  MS. BLACK:  Okay, absolutely.  Thank 

11           you.

12                  CHAIRWOMAN KRUEGER:  Thank you.

13                  Assemblywoman Levenberg.

14                  ASSEMBLYWOMAN LEVENBERG:  Thank you so 

15           much.  

16                  I was so interested to hear about the 

17           Housing-Public Benefits Initiative -- is that 

18           what you said?  Is that also available 

19           outside the city?  Like some of that money 

20           that Senator Kavanagh was just mentioning, is 

21           that also going to that same initiative 

22           outside the city?

23                  MS. BLACK:  So there's a pool of money 

24           that goes to the upstate organizations.  How 


                                                                   231

 1           they are using their funding will vary.  So a 

 2           lot of those organizations are using it for 

 3           eviction defense in Housing Court, for legal 

 4           representation, because they don't have any 

 5           funding to do that.  So they are prioritizing 

 6           how they're spending their money.

 7                  I'd say upstate communities, they also 

 8           have maybe less access to a lot of those 

 9           benefits.  A lot of those subsidies are 

10           specific to New York City.  A lot of the 

11           ability to get money for public assistance 

12           for rent arrears don't exist, unfortunately, 

13           for the upstate communities.  

14                  So I think they're doing different 

15           things with their pool of funds.

16                  ASSEMBLYWOMAN LEVENBERG:  Interesting.  

17           It would be interesting to learn more about 

18           it and how some of that could help inform our 

19           decisions about what we could do to support 

20           upstate communities as well.

21                  And I was just wondering if 

22           Legal Services of the Hudson Valley is 

23           your -- is that a counterpart of yours in --

24                  MS. BLACK:  Yeah, they're one of the 


                                                                   232

 1           organizations statewide that's part of the 

 2           group from OTDA that is funded.  Absolutely.

 3                  And I think the New York City model is 

 4           a great model and I would hope the upstate 

 5           communities could have the resources to do 

 6           something similar.

 7                  ASSEMBLYWOMAN LEVENBERG:  Absolutely.

 8                  And I guess the other question was 

 9           just how can we help more people qualify for 

10           HAVP.  You said that -- basically it just 

11           sounded to me like you said we need to expand 

12           it and most people don't qualify.  And 

13           obviously I'm interested in upstate since I 

14           represent communities in Westchester and 

15           Putnam.

16                  So do you have suggestions for --

17                  MS. BLACK:  Right.  So in addition to 

18           creating the pool, I believe there are bills 

19           out there -- I think, you know, 

20           Assemblymember Rosenthal sponsored a bill to 

21           increase the availability of the SCRIE and 

22           DRIE where your rent freezes, and extend that 

23           to upstate to allow upstate communities to 

24           opt in and to increase the amount -- you 


                                                                   233

 1           know, the income levels for which people 

 2           qualify.  I think those are all great starts.

 3                  ASSEMBLYWOMAN LEVENBERG:  Awesome.  

 4           Thank you so much.

 5                  MS. BLACK:  Okay, thank you.

 6                  CHAIRWOMAN KRUEGER:  Okay, thank you.

 7                  Assemblymember Burdick.

 8                  ASSEMBLYMAN BURDICK:  Yes, thank you.

 9                  And thank you for the work you do.

10                  And this is similar to the line of 

11           questions that my colleague Dana Levenberg 

12           had asked.  That, you know, one of the things 

13           that I see is so many of the terrific 

14           programs like yours that take place in the 

15           city.  And, you know, we are proud of the 

16           work that Legal Services does in 

17           Westchester County.  

18                  But, you know, looking at it from a 

19           statewide basis, you know, what do you see as 

20           some of the overarching lessons that you've 

21           learned yourself as well as in talking to, 

22           you know, folks like Legal Services of the 

23           Hudson Valley?

24                  MS. BLACK:  I know there's obviously 


                                                                   234

 1           been a lot of efforts made to try to have a 

 2           statewide right-to-counsel bill passed.  I 

 3           know that that hasn't been successful.  But 

 4           we've been attacking it piecemeal, right, 

 5           some of the Westchester -- Westchester now 

 6           has a right to counsel, right, which is 

 7           pretty amazing.  And it's kind of gone 

 8           community by community where we've been able 

 9           to uplift these efforts.

10                  And I'd say, you know, upstate can -- 

11           it's a resource issue, right, in terms of 

12           like having the ability to have money out 

13           there to prevent the evictions.  Right?  Like 

14           we can go to court and as lawyers we are 

15           usually successful, right?  Like from our 

16           organization, 90 percent of the people with 

17           lawyers don't get evicted.  But in part that 

18           works because we have a pool of money that we 

19           can count on to solve these crises.  

20                  And I think, you know, a lot of the 

21           upstate communities don't have those pools.  

22           And we see kind of unique things being done 

23           in other jurisdictions -- like Philadelphia, 

24           for example, where they have small pools of 


                                                                   235

 1           money and they can like have resolution of 

 2           cases with some smaller funds of money.  And 

 3           so I think that's part of maybe having those 

 4           resources there.

 5                  ASSEMBLYMAN BURDICK:  And can I ask 

 6           you, do you see on a statewide basis that 

 7           there's -- to be honest, is it fragmented or 

 8           is it unified in terms of legal services 

 9           organizations working together to try to, you 

10           know, promote their shared needs and such on 

11           a statewide basis?

12                  MS. BLACK:  Yeah, and absolutely we 

13           coordinate with all the legal services 

14           community.  There's quite a lot of 

15           coordination that goes on.  

16                  I'd say what legal services look like 

17           in different communities, it varies a lot, 

18           right, from having the resources, to like 

19           give advice only to cases, to being able to 

20           like, in New York City, fully litigate 

21           things.  And that's like somewhat of a 

22           resource question, right?  Can you only have 

23           a lawyer for a day and can you have a lawyer 

24           on your case?


                                                                   236

 1                  ASSEMBLYMAN BURDICK:  But it's not 

 2           just money, of course, it's also ways in 

 3           which to go about it.  And is there sharing 

 4           among the organizations?

 5                  MS. BLACK:  Yeah, absolutely.  We meet 

 6           together.  There's a coalition of, you know, 

 7           housing providers statewide, and so we share 

 8           those resources.  

 9                  I think the state is also working on 

10           creating like a technical assistance thing 

11           that's happening in terms of like maybe a 

12           centralized statewide intake system that the 

13           Judiciary Committee is working on.

14                  So I think there's a lot of efforts to 

15           like pool resources statewide that happen and 

16           are really important, right?

17                  ASSEMBLYMAN BURDICK:  Well, thank you 

18           very much for the work you do.

19                  MS. BLACK:  Thank you.

20                  CHAIRWOMAN KRUEGER:  Thank you.

21                  And to close this one up, 

22           Assemblymember Novakhov.  You'll tell me how 

23           to say it correctly at some point.

24                  ASSEMBLYMAN NOVAKHOV:  Perfect.


                                                                   237

 1                  CHAIRWOMAN KRUEGER:  Perfect?  Thank 

 2           you.

 3                  ASSEMBLYMAN NOVAKHOV:  Hello.  Thank 

 4           you for being here.

 5                  So my first question is about the ADU 

 6           program.  Has this program been successful?

 7                  MS. BLACK:  You're talking about the 

 8           accessory dwelling units?

 9                  ASSEMBLYMAN NOVAKHOV:  Yes.

10                  MS. BLACK:  I'm not an expert on 

11           accessory dwelling units.  It's not really in 

12           the wheelhouse of what we do.

13                  I know, you know, in general it's a 

14           source -- could be potentially a source of 

15           housing, right, affordable housing, and allow 

16           homeowners to, you know, get some more income 

17           as well as provide affordable housing.

18                  My understanding of the program so 

19           far, it's been pretty limited, right?  Maybe 

20           the communities that got it weren't the same 

21           communities that really were looking for the 

22           resources to do it.  But I don't have all the 

23           exact details of how successful -- I know 

24           they've put more money into it, right, with 


                                                                   238

 1           part of the City of Yes, I believe.

 2                  ASSEMBLYMAN NOVAKHOV:  That's fine.  

 3           Okay.  So yeah, it is a part of City of Yes.  

 4                  And since it's legal services, how are 

 5           we going to protect, legally protect those 

 6           small private-house communities and 

 7           neighborhoods from larger developments within 

 8           the City of Yes program?

 9                  MS. BLACK:  The ask is how we protect 

10           the homeowners or the --

11                  ASSEMBLYMAN NOVAKHOV:  Yeah, how do 

12           you help -- how can you help to protect the 

13           homeowners, their neighborhoods, from the 

14           City of --

15                  MS. BLACK:  Yeah.  I mean, we do have 

16           a homeowners protection program in our 

17           organization that this -- you know, you all 

18           as a state body have supported, you know, 

19           very consistently over time.  And so the work 

20           there is to like, you know, prevent people 

21           from losing -- you know, prevent deed theft, 

22           prevent discrimination and help those small 

23           homeowners hold on to their homes.  

24                  So absolutely, that's a huge priority 


                                                                   239

 1           for the organization.  Yeah.

 2                  ASSEMBLYMAN NOVAKHOV:  And how much 

 3           money is intended for that cause?

 4                  MS. BLACK:  How much money is in that 

 5           program?  It's $40 million a year.  I think 

 6           it's in the state budget for 40 million this 

 7           year.

 8                  ASSEMBLYMAN NOVAKHOV:  Is there a 

 9           specific allocation for the -- like 

10           protecting those small communities?  Is there 

11           a specific allocation of money?  How much 

12           money specifically?

13                  MS. BLACK:  From what I know, and 

14           Senator Kavanagh probably knows a lot more 

15           about it than me, that money is part of the 

16           homeowners protection program.  It's 

17           specifically allocated for those legal 

18           services to make sure the homeowners know 

19           their rights and can enforce their rights and 

20           hold on to their homes.

21                  ASSEMBLYMAN NOVAKHOV:  Understand.  

22           Thank you so much.

23                  MS. BLACK:  Thank you.

24                  CHAIRWOMAN KRUEGER:  Thank you.


                                                                   240

 1                  Thank you very much for your 

 2           attendance.  You got your whole panel to 

 3           yourself.  I'm not quite sure how that worked 

 4           out, but appreciate your work and the work of 

 5           all of legal services.

 6                  MS. BLACK:  Thank you.  Appreciate you 

 7           all as well.

 8                  CHAIRWOMAN KRUEGER:  Thank you.

 9                  And next I'm going to call up Panel C, 

10           which I think is a full panel.  We'll see.  

11           New York Building Congress; New York Housing 

12           Conference; American Institute of Architects; 

13           Habitat for Humanity New York; Open New York; 

14           Association for Neighborhood and Housing 

15           Development.

16                  (Off the record.)

17                  CHAIRWOMAN KRUEGER:  Hi, everybody.  

18           So we did lose -- or we don't have the 

19           New York Building Congress.

20                  So just first start off by introducing 

21           yourselves so the people in the booth know 

22           what face and name to match up when you do 

23           testify.  Please.

24                  MS. ROBBINS-CUBAS:  My name is Shakti 


                                                                   241

 1           Robbins-Cubas, New York Housing Conference.

 2                  CHAIRWOMAN KRUEGER:  Okay.

 3                  MR. BARRETT:  Michael Barrett.  I am 

 4           the CEO of Habitat for Humanity New York 

 5           State.

 6                  MS. DONOHUE:  Bria Donohue, with the 

 7           American Institute of Architects.

 8                  MS. GRAY:  Annemarie Gray, executive 

 9           director, Open New York.

10                  MS. GOLDSTEIN:  Emily Goldstein, 

11           Association for Neighborhood and Housing 

12           Development.

13                  CHAIRWOMAN KRUEGER:  Great.  So we're 

14           going to start again at the right.  You're 

15           going to have three minutes, and the clock 

16           will go off when your three minutes is up.

17                  And I have to excuse myself for just a 

18           few minutes, but I leave you in the very 

19           capable hands of Senator Brian Kavanagh.

20                  Please start.

21                  MS. ROBBINS-CUBAS:  Good afternoon.  

22           My name is Shakti Robbins-Cubas.  I'm a 

23           senior policy analyst at the New York Housing 

24           Conference, a nonprofit affordable housing 


                                                                   242

 1           policy and advocacy organization.  We work to 

 2           advance policies and funding to support the 

 3           development and preservation of decent and 

 4           affordable housing for all New Yorkers.

 5                  Thank you to the committee chairs and 

 6           the other members of the Legislature for the 

 7           opportunity to testify today.

 8                  Crushing costs are pushing families to 

 9           the brink.  Housing insecurity is rising as 

10           supply shortages are locking New Yorkers out 

11           of affordable homes.  Meanwhile, the threat 

12           of federal funding cuts looms large, making 

13           it even more critical for New York State to 

14           step up.

15                  We do support the Governor's 

16           $1 billion commitment to the City of Yes for 

17           Housing Opportunity, but note that spread 

18           over five years and broadly allocated, it 

19           risks being diluted at a time when the crisis 

20           is accelerating.  NYCHA and Mitchell-Lamas, 

21           two of the city's most vital sources of 

22           permanent affordable housing, could easily 

23           absorb the full $1 billion allocation and 

24           still fall short of their capital needs.


                                                                   243

 1                  We strongly support several proposals 

 2           to increase housing supply, including the 

 3           $110 million for infrastructure and technical 

 4           assistance for Pro-Housing Communities.  We 

 5           support the $50 million mixed-income 

 6           revolving loan fund.  We support doubling 

 7           SLIHC to $30 million per year through 2029 

 8           and the expansion of the New York State 

 9           Historic Tax Credit.  We're also very pleased 

10           to see $40 million included in the 

11           Executive Budget for the Homeowner Protection 

12           Program, and we strongly support the new 

13           proposals to expand and strengthen 

14           homeownership.  

15                  At the same time, with almost 200,000 

16           residential eviction filings in New York last 

17           year -- and the number of New Yorkers 

18           experiencing homelessness more than doubling, 

19           to almost 160,000 in just two years -- it is 

20           crucial to address the urgent and ongoing 

21           needs of vulnerable low-income renters.  We 

22           support 250 million for the Housing Access 

23           Voucher Program to provide rental assistance 

24           to families and individuals who are at risk 


                                                                   244

 1           of or already experiencing homelessness.  

 2                  We continue to support a statewide 

 3           program to provide emergency housing 

 4           assistance to prevent evictions.  And we also 

 5           encourage the Legislature to maintain strong 

 6           funding levels for existing HCR programs that 

 7           protect homeowners and make affordable 

 8           production and preservation across the state 

 9           possible.  

10                  We also support the proposal to 

11           increase funding for supportive housing and 

12           additional bills that have been introduced 

13           that would further increase housing supply, 

14           such as the amendments to the Martin Act to 

15           preserve and expand affordable housing, and 

16           the Faith-Based Affordable Housing Act.  We 

17           encourage the Legislature to include them in 

18           your one-house budgets.

19                  Thank you again for the opportunity to 

20           testify.  The written testimony is much 

21           longer and has more details and 

22           recommendations.

23                  SENATOR KAVANAGH:  Thank you.

24                  MR. BARRETT:  Thank you, 


                                                                   245

 1           Senator Kavanagh, and thank you, 

 2           Chair Rosenthal, and to members of the 

 3           committee for all your great work in 

 4           supporting affordable housing throughout 

 5           New York State.  

 6                  Habitat for Humanity is appreciative 

 7           of and supports the Governor's various 

 8           housing proposals, but given the limited time 

 9           I'll just address one.  It appears in ELFA 

10           Part K of the Governor's Executive Budget and 

11           is referred to as the fair taxation or fair 

12           assessment proposal, and it's crafted to 

13           address a reoccurring problem that we face. 

14                  When Habitat is able to use state and 

15           other subsidies to help make a home 

16           affordable, perhaps taking a $400,000 home to 

17           a 250,000 purchase price, the taxes that are 

18           then assessed are based on that fair market 

19           value as opposed to the subsidized amount, 

20           and the result is that the home becomes once 

21           again unaffordable.  This undermines the 

22           intention of the state housing subsidies.  

23                  Anecdotally, our experiences on the 

24           ground are the local assessor says, Look, I'd 


                                                                   246

 1           really be happy to help you out here, but 

 2           there's nothing in the law that I can point 

 3           to that will allow me to assess in some other 

 4           way.

 5                  And so we are delighted that the 

 6           Governor has put forth a proposed correction 

 7           to this in the Executive Budget which would 

 8           allow local assessors to apply a 25 percent 

 9           to 50 percent discount on the assessment of 

10           qualifying families who use state subsidies 

11           through a housing nonprofit like Habitat or 

12           land banks.

13                  Looking to the extent of the subsidies 

14           contained in this proposal, we know that 

15           we've historically needed more of a reduction 

16           to facilitate homeownership.  So we'd ask 

17           that in your one-house bills that you 

18           increase the range of this proposal from 25 

19           to 50 percent to 25 to 75 percent.  We think 

20           that it would maximize the potential of that 

21           proposal.

22                  You know, I should point out that 

23           there's a similar proposal with ideal 

24           language that's carried in the majority of 


                                                                   247

 1           both houses by both Senator Hinchey and 

 2           Assemblymember Barrett, who we thank for 

 3           sponsoring this long-time legislation.  Those 

 4           proposals set the maximum discount at 

 5           75 percent, and we would encourage and 

 6           respectfully ask that you include that 

 7           language in your one-house proposals.

 8                  I should point out that we are yet to 

 9           come across any objection to this proposal.  

10           It's a revenue-positive proposal.  It's good 

11           to come to a joint budget hearing with a 

12           revenue-positive proposal.  It respects local 

13           control, it helps facilitate homeownership.  

14           And these homes, of course, you know, can't 

15           be sold without it being conveyed to another 

16           qualifying family.  So there's restrictive 

17           covenants on these homes.  So we'd appreciate 

18           that.  

19                  And also funding the AHC at 36 million 

20           would be our second ask.  

21                  Thank you very much for all you do.

22                  SENATOR KAVANAGH:  Thank you.

23                  MS. DONOHUE:  Good afternoon. 

24                  Thank you, Chair Krueger, Chair 


                                                                   248

 1           Pretlow and members of the joint legislative 

 2           budget committee for the opportunity to 

 3           participate in today's hearing.  

 4                  I am Bria Donohue, director of 

 5           government affairs at the American Institute 

 6           of Architects New York.  We represent more 

 7           than 5,000 architects and design 

 8           professionals committed to positively 

 9           impacting the physical and social qualities 

10           of our state.

11                  I want to commend you for your 

12           demonstrated commitment to tackling our 

13           communities' affordable housing crisis this 

14           past session by enacting meaningful policies 

15           and providing critical funding -- such as 

16           raising the Floor Area Ratio cap, creating 

17           the Affordable Housing from Commercial 

18           Conversions Tax Incentive Benefits Program, 

19           extending the 421-a tax incentive and 

20           replacing it with the Affordable 

21           Neighborhoods for New Yorkers tax incentive 

22           program, and many other great initiatives.  

23                  These tools are absolutely essential, 

24           and now we need to work together to establish 


                                                                   249

 1           a meaningful statewide strategy to streamline 

 2           environmental review processes, enable 

 3           transit-oriented development, and eliminate 

 4           parking mandates. 

 5                  In New York we have the privilege of 

 6           having the nation's most robust transit 

 7           system, making a policy like transit-oriented 

 8           development well-positioned to make a 

 9           meaningful impact and provide an opportunity 

10           for every neighborhood to do their part to 

11           address our supply needs.

12                  This policy must go hand in hand with 

13           eliminating parking mandates, as they detract 

14           from the intended outcome of a 

15           transit-oriented development policy by 

16           restricting the number of units and 

17           encouraging car usage even in transit-rich 

18           areas, as well as add costs due to the 

19           structural demands of underground parking.  

20                  Additionally, reforms to SEQRA will 

21           help get projects online faster, eliminating 

22           hundreds of thousands of dollars and years 

23           off a project.

24                  We have spent the past year laying the 


                                                                   250

 1           groundwork to unlock opportunities for more 

 2           housing in the city, and now we need the 

 3           financial tools to go alongside, to build the 

 4           housing we have enabled through zoning; 

 5           specifically, the 25 billion investment in 

 6           the five-year Housing Plan and 1 billion 

 7           commitment for City for All in the Governor's 

 8           Executive Budget. 

 9                  One other topic I wanted to mention is 

10           adaptive reuse, specifically embodied carbon.  

11           Embodied carbon refers to the greenhouse gas 

12           emissions generated by the manufacturing, 

13           transportation, installation, maintenance and 

14           disposal of construction materials used in 

15           buildings, roads, and other infrastructure.  

16                  Currently materials used in 

17           construction of buildings represent about 

18           7 percent of the total global greenhouse gas 

19           emissions.  We've already implemented a 

20           number of policies to address the operational 

21           emissions of buildings, and now it's time to 

22           tackle embodied emission.  

23                  The first step is to allocate 

24           $10 million to establish financial tools to 


                                                                   251

 1           assist local low-carbon material 

 2           manufacturers to develop environmental 

 3           product declarations via grants of up to 

 4           $10,000 per manufacturing plant to develop 

 5           third-party verified environmental product 

 6           declarations, and expand pays to cover 

 7           embodied carbon improvements.

 8                  We look forward to continuing to work 

 9           with the Legislature to unlock the tools to 

10           help our communities address the housing 

11           crisis and appreciate your consideration of 

12           our recommendations.

13                  Thank you.

14                  MS. GRAY:  Thank you, Chairs Weinstein 

15           {sic}, Krueger, Rosenthal and Kavanagh.  I am 

16           Annemarie Gray, executive director of 

17           Open NY, an independent grassroots 

18           pro-housing nonprofit with hundreds of 

19           volunteer members across the state.  

20                  To get right to the point, the 

21           proposals in the Executive Budget do not 

22           match the urgency of this moment.  New York 

23           ranks among the most unaffordable states in 

24           the country.  Half of renters spend more than 


                                                                   252

 1           30 percent of their income on rent; nearly a 

 2           third pay over 50 percent.  Homeownership is 

 3           out of reach for everyone but the wealthiest.  

 4           Homelessness has reached record levels, with 

 5           more than 100,000 New Yorkers in shelters 

 6           each night.

 7                  Our housing shortage is not just a 

 8           crisis of affordability, it's a crisis of 

 9           displacement, exclusion and loss of 

10           opportunity, with both fewer homes per capita 

11           than any other state, pushing families out 

12           and limiting our economic potential.  We 

13           cannot sustain a thriving economy if people 

14           cannot afford to live where they work.

15                  New York is even projected to lose 

16           three congressional seats in 2030 due to 

17           population decline.  This weakens our voice 

18           in national politics and makes it harder for 

19           Democrats to win national elections.

20                  Albany has the power to stem this loss 

21           if it chooses to act.  There are impactful 

22           and ready-to-go solutions right now, is the 

23           good news.  We support the proposed 

24           Mixed-Income Revolving Loan Fund.  It is a 


                                                                   253

 1           step in the right direction, but it does not 

 2           go nearly far enough.  And the Legislature 

 3           has the opportunity to enact bolder solutions 

 4           right now.

 5                  First, the Faith-Based Affordable 

 6           Housing Act.  This empowers religious 

 7           organizations to build contextual, affordable 

 8           housing on their land.  It is projected to 

 9           create over 60,000 new homes over the next 

10           decade.  It expands the property tax base, 

11           making it revenue-positive and a 

12           community-driven solution.

13                  Second, the Sustainable Affordable 

14           Housing and Sprawl Prevention Act.  This 

15           removes unnecessary, costly barriers to 

16           building sustainable infill housing.  It 

17           stops wealthy anti-housing neighbors from 

18           delaying projects for years with frivolous 

19           litigation.  

20                  Third, we need an "all of the above" 

21           approach.  We need to increase housing 

22           production; we also need strong tenant 

23           protections and voucher expansion with the 

24           Housing Access Voucher Program.


                                                                   254

 1                  The overwhelming majority of 

 2           New Yorkers support these measures.  

 3           Seventy-four percent of voters back the 

 4           Faith-Based Affordable Housing Act and are 

 5           more likely to support legislators who back 

 6           it.  This support cuts across regions, 

 7           demographics and party lines.  So this is not 

 8           a partisan issue.  It's a housing crisis that 

 9           demands urgent action.

10                  Albany must act now.  The housing 

11           crisis threatens our communities, economy, 

12           and political influence.  And the solutions 

13           are right in front of us if we have the will 

14           to implement them. 

15                  Thank you.

16                  MS. GOLDSTEIN:  Good afternoon, and 

17           thank you for the opportunity to testify 

18           today.  My name is Emily Goldstein.  I'm the 

19           director of organizing and advocacy at the 

20           Association for Neighborhood and Housing 

21           Development, or ANHD.

22                  First, I'd like to thank you for your 

23           ongoing support over the years -- for six 

24           years running now -- of ANHD's Displacement 


                                                                   255

 1           Alert Project, which is a tool that's used by 

 2           many of your offices particularly to do 

 3           constituent services and to better understand 

 4           the particular sort of building-by-building 

 5           threats, hazards and needs that are facing 

 6           your districts.

 7                  We respectfully ask for $250,000 to 

 8           continue to maintain and expand this tool, 

 9           which we hope that many of you are finding 

10           useful, and which we know that many of the 

11           organizers and advocates in our communities 

12           are using as well.

13                  Second, we'd like to urge you to fund, 

14           at $250 million, a Housing Access and 

15           Preservation Initiative, HAPI -- hopefully 

16           people like it.  This is our proposal sort of 

17           revised from what we came with last year, to 

18           provide funding to stabilize and address the 

19           financial needs of our 100 percent affordable 

20           housing buildings throughout New York State.  

21           As you've heard already in many of the 

22           testimonies, our affordable housing stock is 

23           in pretty dire straits.  A combination of 

24           rising costs and sort of pandemic arrears and 


                                                                   256

 1           nonpayment hangover is really putting our 

 2           portfolios at risk.  This is particularly 

 3           true for ANHD's members, all of whom are 

 4           nonprofits, and so operating on incredibly 

 5           thin margins and really have been, frankly, 

 6           overextending themselves to avoid needing to 

 7           evict tenants, with the result that we're now 

 8           in a bind where either tenants are at risk, 

 9           portfolios are at risk, or both.

10                  So we're asking for an infusion of a 

11           fund into the New York State Housing Trust 

12           Fund which would enable the provision of 

13           forgivable loans to address both capital sort 

14           of debt restructuring needs as well as some 

15           of the operating needs of the buildings, to 

16           sort of provide an emergency stabilization.

17                  Third, I'd like to say that I truly 

18           hope this is the year that we pass and fund 

19           HAVP.  There's never been a more critical 

20           time to create and fund a tool to really try 

21           to immediately tackle the homelessness crisis 

22           throughout the state.  

23                  Not only has this crisis been sort of 

24           building and expanding for years, we sort of 


                                                                   257

 1           all know that we're facing uncertain federal 

 2           times, and I think many of us are deeply 

 3           concerned that some of the federal programs 

 4           that we rely on for, you know, vouchers and 

 5           other forms of subsidies may not be as stable 

 6           as they've been in the past.  It's crucial 

 7           that the state have some sort of mechanism in 

 8           place to be able to have the flexibility to 

 9           step in and pivot as needed over the next 

10           year and more.

11                  And finally, I'd just like to urge you 

12           to leave HSTPA alone and avoid any further 

13           loopholes to this valuable protection.

14                  CHAIRWOMAN KRUEGER:  Thank you.

15                  SENATOR KAVANAGH:  So first off we'll 

16           have Assemblymember Levenberg.

17                  ASSEMBLYWOMAN LEVENBERG:  Oh, okay.  

18           I'm just very happy to hear all this work 

19           just for HAVP just because I am a big 

20           supporter.  I also -- I think we're in 

21           competition, because I have a bill that's 

22           Housing Action Plans for Everyone, which I 

23           also have called HAPE. 

24                  I'm very supportive of the assessment 


                                                                   258

 1           change that you mentioned, and I do think 

 2           that that's something that we're going to be 

 3           working on one way or another.  So I will 

 4           continue to support that.

 5                  And I'm also very interested to hear 

 6           about the low-carbon material manufacturing, 

 7           a little bit more about that.  It's something 

 8           that I've just been personally interested in.  

 9                  Also, I just got back from the 

10           Netherlands, and so many of their parking 

11           garages are underground.  They're built on 

12           water.  Like if they can do it, why can't we?  

13           New Amsterdam, I think we're called, right, 

14           in the city.  It seems like we should be able 

15           to build a lot of parking underground.  I 

16           don't think we have figured that out yet.  I 

17           don't know why.  

18                  But between low-carbon materials that 

19           we should be using and underground parking 

20           that we should have, it seems like we should 

21           be able to do much, much better.

22                  MS. DONOHUE:  Yeah, absolutely.

23                  So two separate questions for the 

24           low-embodied-carbon materials.  Really 


                                                                   259

 1           wanting to give our local manufacturers 

 2           specifically of concrete the financial tools 

 3           to be able to produce these environmental 

 4           product declarations of their low-carbon 

 5           materials, so that as requirements for 

 6           low-carbon materials come online, the Port 

 7           Authority has a very robust program like this 

 8           that local manufacturers have the ability to 

 9           comply with those regulations.  

10                  And longer term, we would love to see 

11           a New York State policy modeled off of what 

12           California and Washington are doing to 

13           require more robust embodied carbon 

14           regulation.

15                  But to answer your parking question, 

16           the reason it's so complicated is because 

17           there's a lot of very different 

18           constructional constraints for putting 

19           parking underground.  So the way the loads 

20           and the columns need to be just designed 

21           requires very different structural demands 

22           that add a lot of cost.  

23                  And so this is something that we spoke 

24           a lot about when we were this past year 


                                                                   260

 1           dealing with all the City of Yes for Housing 

 2           Opportunity zoning changes, is that you can't 

 3           just easily throw parking under your 

 4           building.  That is a very cohesive layout.  

 5           It gets messy really quickly, and then the 

 6           added challenge if it's a valet parking or if 

 7           it's just the homeowners can use the parking.  

 8           So that also adds another challenge in how 

 9           the parking structurally is placed 

10           underground.

11                  ASSEMBLYWOMAN LEVENBERG:  Well, now 

12           they have those automated things, though, 

13           that kind of like, zzzhhhh (gesturing), move 

14           your car up and down.

15                  But I do think that fewer parking 

16           spots per.  We need to rely on our public 

17           transit system.

18                  Thank you.

19                  SENATOR KAVANAGH:  Senator May.

20                  SENATOR MAY:  Hi, everyone.  Thank you 

21           all for your testimony.

22                  Let me start with Annemarie, although 

23           others might chime in.

24                  I agree with you about the faith-based 


                                                                   261

 1           affordable housing.  Obviously I carry the 

 2           bill, and the sustainable affordable infill 

 3           housing.  The statistics you have about how 

 4           popular they are, are -- go directly in 

 5           conflict with the resistance that we have 

 6           from local officials.  And I'm wondering -- 

 7           how do we get like popular things past those 

 8           guardians who are so intent on preventing any 

 9           kind of change to local zoning?

10                  MS. GRAY:  Sure.  And just on those 

11           statistics again, this is like even in 

12           Long Island, which is, you know, one of the 

13           often examples you hear, 70 percent -- 

14           77 percent, actually support this bill.

15                  So, one, I think that there's always 

16           keeping in mind that this is a small minority 

17           of people who are making the most noise.  

18           It's not necessarily representative of 

19           everybody.  

20                  I think there's also just something to 

21           really keep in mind:  This is an extremely 

22           sensible bill.  I mean, we're talking about 

23           we're doing this with a whole coalition of 

24           faith leaders.  One of them is trying to 


                                                                   262

 1           build a three-story building in a community 

 2           that already has three-story buildings.  

 3           They've been working on it for three years, 

 4           trying to build deeply affordable housing on 

 5           their parking lot, and they got down-zoned in 

 6           the dead of night by their local town.

 7                  It's just -- it's not working, if 

 8           that's what we're fighting against.  And 

 9           New York is actually really alone among 

10           states in the entire country right now of 

11           having zero mechanism for the state to allow 

12           some sort of accountability when places have 

13           overly, frankly, exclusionary or restrictive 

14           zoning.

15                  This is a really, really smart bill 

16           that I do think actually has a lot of 

17           popularity and is really, really sensible -- 

18           and again, supported by people who are really 

19           rooted in their own communities.  So -- and 

20           we have talked to some local officials who 

21           are supportive.  Of course, that is a -- you 

22           know, it is a common concern.  

23                  But I really do think this is just an 

24           extremely important bill for the state to 


                                                                   263

 1           show leadership on and has a lot more support 

 2           than you might hear.

 3                  SENATOR MAY:  Good.  Well, that's good 

 4           to hear.

 5                  And then for an architect's view, we 

 6           passed last year the single-stair bill that 

 7           requires a review of the Fire Code for that.  

 8           It looks like it's going to take years for 

 9           that to happen.

10                  Do you have recommendations about how 

11           to move that along and how to help people 

12           understand how valuable that could be?

13                  MS. DONOHUE:  Yeah, I think that's a 

14           great question.  And this is something that 

15           we're seeing all over the place that code 

16           changes are unfortunately a very slow, long, 

17           onerous process, as we're seeing just 

18           tomorrow from the Energy Code.  

19                  So I can get back to you with more 

20           information on that.

21                  SENATOR MAY:  I would appreciate that, 

22           because I think it could be transformative.  

23                  Thank you.

24                  SENATOR KAVANAGH:  Assemblymember 


                                                                   264

 1           Kelles.

 2                  ASSEMBLYWOMAN KELLES:  Wonderful.

 3                  I just wanted to start by thanking you 

 4           on pushing the initiative to reduce -- or 

 5           give the ability for local assessors to 

 6           reduce taxes.

 7                  There is one county that does that in 

 8           New York State, and that's my county.  And 

 9           we've been doing it for many years.  It was a 

10           home-rule bill, and it has absolutely 

11           increased the amount of affordable housing 

12           that we have, but it has also enabled people 

13           who are low-income to be able to afford to 

14           own a home and move into stable housing.  

15                  So thank you.  I just wanted to say 

16           thank you for that.  

17                  About the Sustainable Affordable 

18           Housing and Sprawl Prevention, my first 

19           question is, what is the average length of 

20           time that a project is delayed going through 

21           the SEQRA process right now?

22                  MS. GRAY:  It's an excellent question 

23           that I'm happy to get back to you on with 

24           more details.


                                                                   265

 1                  But, for example, there is a project 

 2           called Heat & Green in New York City.  It's 

 3           public land, deeply affordable senior housing 

 4           that has been delayed in lawsuits for over a 

 5           decade, in the middle of SoHo, rezoning one 

 6           of the most resourced places in the entire 

 7           country.

 8                  It's a really good case study of this 

 9           bill would have -- would have made it 

10           impossible for those lawsuits to continue and 

11           have such an incredibly long delay.  And 

12           there are tons of stories like that.  Happy 

13           to talk more about it.

14                  ASSEMBLYWOMAN KELLES:  So it creates a 

15           full, comprehensive environmental evaluation, 

16           just not allowing the state SEQRA process 

17           that creates the ability to block it 

18           completely by NIMBY people who don't want 

19           development.

20                  MS. GRAY:  Yeah, it's basically 

21           fast-tracking things that make a huge amount 

22           of sense.  Right?  This is sustainable infill 

23           housing, and really taking away the ability 

24           for frivolous lawsuits that are not actually 


                                                                   266

 1           adding anything to our understanding of 

 2           climate impacts and things like that.

 3                  ASSEMBLYWOMAN KELLES:  But I'm 

 4           assuming they also probably increase the cost 

 5           of the development significantly, so they're 

 6           no longer affordable.

 7                  MS. GRAY:  There was a fantastic 

 8           Citizens Budget Committee -- Citizens Budget 

 9           Commission report on this that -- I mean, 

10           this is tens of -- hundreds of thousands of 

11           dollars, in a lot of cases, on projects that 

12           literally translates to, I want to say, 

13           hundredish dollars of literal raising the 

14           rent.  Don't quote me on that figure, but I 

15           can send you the report.

16                  But they really did a deep dive of 

17           this is cost, this is time, this is literally 

18           translating into both housing units and the 

19           cost of housing itself.

20                  ASSEMBLYWOMAN KELLES:  Thank you so 

21           much.  Seems crazy, it's the opposite of what 

22           we probably intended to do, but it's being 

23           used against us.

24                  And I wanted to put one last -- HAVP, 


                                                                   267

 1           could not agree with you more.  The one thing 

 2           that drives me nuts and stresses me out is 

 3           that our solution to housing cannot be build 

 4           our way out of it, because people right now 

 5           are becoming homeless.  So anything you 

 6           wanted to say on that in the last 25 seconds, 

 7           please, by all means.

 8                  MS. GOLDSTEIN:  Yeah.  I mean, 

 9           wholeheartedly agree.  ANHD is not 

10           anti-development by any means.  A lot of our 

11           members are developers, but just sort of 

12           build, build, build is never going to get us 

13           to where we need to be. 

14                  And in particular, when we're thinking 

15           about homelessness, when we're thinking about 

16           people who are at risk of eviction today, 

17           right, if you start building affordable 

18           housing, it's years before that comes online.  

19           Vouchers can help people today.

20                  ASSEMBLYWOMAN KELLES:  Thank you.

21                  (Off the record.)

22                  CHAIRWOMAN KRUEGER:  Assemblywoman -- 

23           Linda, do you have questions?

24                  ASSEMBLYWOMAN ROSENTHAL:  Yes, thank 


                                                                   268

 1           you.  I have a question for Bria.

 2                  Last year we voted to allow former 

 3           office buildings to be converted.  Do you 

 4           know how many are planned for it?  Because 

 5           there was discussion about how certain ones 

 6           had such large floor plates that it would be 

 7           impossible to convert at an affordable price.

 8                  So as far as you know for architects, 

 9           have they been involved in this?

10                  MS. DONOHUE:  Yeah, I don't have a 

11           specific number for you, but I can get back 

12           to you.  But one of the really great ways 

13           that that tool was going to be able to build 

14           housing is with the new rezoning that's 

15           happening in the Midtown South Mixed-Use 

16           Plan, because there's a lot of commercial 

17           buildings that can be converted into housing, 

18           and so we're really excited about the 

19           opportunity there.

20                  But we're still trying to work out the 

21           kinks.  But the large floor plates -- so 

22           around home office requirements, court 

23           requirements, and things like that around 

24           windows and light, air, safety, things of 


                                                                   269

 1           that nature.  So we're still working through 

 2           the kinks and we have a whole working group 

 3           put together to work closely to try to figure 

 4           out how we can tie affordable housing into 

 5           these quite costly renovations.

 6                  ASSEMBLYWOMAN ROSENTHAL:  Great.  

 7           Thank you.

 8                  And for Annemarie, in terms of 

 9           landmark protections for some of the 

10           religious institutions, some people seem 

11           alarmed that those will be thrown aside.  I 

12           wonder if you could address that issue.

13                  MS. GRAY:  Yes, absolutely.

14                  We want to be extremely clear that the 

15           bill exempts any current landmark properties.  

16           We even clarified the bill language last year 

17           to do that.  And actually I have copies, if 

18           there's an interest, but Sara Bronin, a 

19           really extremely well-respected national 

20           preservationist, has been extremely 

21           supportive of this bill because historic 

22           properties, often they really need -- they 

23           don't have much revenue to invest in historic 

24           buildings.  And so there's actually a lot of 


                                                                   270

 1           synergy of using a parking lot, excess land, 

 2           to make sure you're actually, you know, 

 3           investing in such a great historic resource 

 4           and being extra-clear this does not -- this 

 5           exempts historic properties, does not 

 6           override that in any way.

 7                  ASSEMBLYWOMAN ROSENTHAL:  Thank you.

 8                  And Emily, in 45 seconds, please tell 

 9           me why HAVP is so necessary in this state.

10                  MS. GOLDSTEIN:  Sure.  I mean, it's 

11           because of the homelessness crisis.  We have, 

12           you know, what's become really an intractable 

13           crisis even as asylum seekers, you know, 

14           coming into the city and the state have 

15           declined, homelessness has increased.

16                  ANHD works in New York City and I know 

17           there's a kind of perception that this is a 

18           New York City issue, but that's really not 

19           true.  There was a great report by the 

20           State Comptroller sort of showing effects 

21           statewide.

22                  So, you know, at the end of the day it 

23           is humane and also, frankly, cheaper to house 

24           people than to have people continue to be 


                                                                   271

 1           homeless.  And without a resource like HAVP, 

 2           it's not possible.

 3                  CHAIRWOMAN KRUEGER:  Thank you.

 4                  And as our last questioner, Chair 

 5           Brian Kavanagh.

 6                  SENATOR KAVANAGH:  Thank you very 

 7           much.  Thank you all for, you know, all of 

 8           your testimony, for all the work you do.  

 9           I've had the opportunity to work with each of 

10           you quite a bit.  

11                  Just a couple of quick questions.

12                  First of all, on the -- Bria, if you 

13           could address this, the need -- you know, 

14           there's a desire sometimes not to do policy 

15           in the budget, and measuring embodied carbon 

16           in materials sounds a lot like policy.

17                  Can you talk about the extent to which 

18           there's a fiscal need to facilitate that?

19                  MS. DONOHUE:  Yeah, absolutely.

20                  So our ask, $10 million to really 

21           support local New York manufacturers to 

22           create the environmental product declarations 

23           necessary to comply with a lot of the 

24           regulations the Port Authority, for example, 


                                                                   272

 1           has, and other things that we're looking to 

 2           achieve down the line in code changes for -- 

 3           to enable low-embodied-carbon materials to be 

 4           used and that we can long-term reduce the 

 5           embodied emissions that we're seeing.

 6                  One of the main ways that -- we're 

 7           doing a lot of policies around operational 

 8           emissions, so that's Local Law 97, the carbon 

 9           coming out of your building, but the most 

10           effective way to reduce embodied carbon in 

11           construction is through adaptive reuse and 

12           recycling materials.  And so having 

13           low-embodied-carbon materials, having 

14           manufacturers be able to fund the 

15           environmental product declaration process, 

16           development and soft costs associated with 

17           that, is absolutely essential.

18                  And so we're happy to share more 

19           information with you all about our kind of 

20           big-picture requests on how we can reduce 

21           embodied carbon.

22                  SENATOR KAVANAGH:  Great.  I'll just 

23           say there will be a bill forthcoming very 

24           soon.  We've been working on language with 


                                                                   273

 1           you.  And not with Assemblymember Kelles, 

 2           who's got many other priorities.  

 3                  (Laughter.)

 4                  SENATOR KAVANAGH:  Annemarie, could 

 5           you just talk -- can you talk a little bit 

 6           about the potential for faith-based housing 

 7           development?  Like what -- how much can we 

 8           get in terms of expansion of housing supply 

 9           by doing the faith-based?

10                  MS. GRAY:  Yeah, so we worked with the 

11           Furman Center to do a much more detailed 

12           analysis of potential sites.  Based on that 

13           data, we estimate this is about 60,000 homes 

14           over the next decade.

15                  So I know City of Yes has come up a 

16           lot; this is actually basically almost the 

17           same as City of Yes over the next decade.

18                  And again, this is -- this is just -- 

19           this is low-hanging fruit.  This is 

20           community-based development that is 

21           contextual to the neighborhoods and really 

22           driven by community and {unintelligible} 

23           faith-based organizations.

24                  SENATOR KAVANAGH:  Great.  And just -- 


                                                                   274

 1           Michael, just I have 26 seconds.  But you 

 2           said the Part K change is revenue-positive.  

 3           Can you talk about why that is?

 4                  MR. BARRETT:  Yeah.  Our argument is 

 5           that if not but for Habitat, the home 

 6           wouldn't have been built.  The home would 

 7           still be dilapidated if we didn't renovate 

 8           it.  And so these are homes sometimes that 

 9           are not on the tax rolls, no longer on the 

10           tax rolls, and we put them back on the tax 

11           rolls.

12                  SENATOR KAVANAGH:  Got it.  Okay.  And 

13           that's my time.  Thank you so much.  Thank 

14           you, all of you.

15                  CHAIRWOMAN KRUEGER:  Thank you very 

16           much.  Thank you for your time with us today, 

17           your testimony, and your work every day.

18                  And next up, as we welcome back our 

19           chair of Ways and Means from his economics 

20           training, Panel D:  Interfaith Affordable 

21           Housing Collaborative; Enterprise Community 

22           Partners; Rochester-Monroe Anti-Poverty 

23           Initiative; and Community Voices Heard.

24                  And if Panel E wouldn't mind heading 


                                                                   275

 1           towards the front, since you're going to be 

 2           after this panel.  It moves things along 

 3           pretty quickly.  Thank you.  

 4                  Turns out we only have three of you 

 5           here, so we're not looking for the fourth.

 6                  And if you don't mind starting from 

 7           the right, just introduce yourself so the 

 8           people in the booth upstairs can match name 

 9           and face.

10                  MS. MEYER:  Hi.  My name is Rebekah 

11           Meyer, and I am with the Rochester-Monroe 

12           Anti-Poverty Initiative, or RMAPI.

13                  CHAIRWOMAN KRUEGER:  Okay.  Sir?  

14                  MR. BOYLE:  Hi, Patrick Boyle, senior 

15           director with Enterprise Community Partners.

16                  CHAIRWOMAN KRUEGER:  Great.

17                  MS. TYLER:  Hi.  My name is Rashida 

18           Tyler.  I'm the project manager for the 

19           Interfaith Affordable Housing Collaborative.

20                  CHAIRWOMAN KRUEGER:  Okay, let's start 

21           on the right here.

22                  MS. MEYER:  All right.  Good 

23           afternoon, members of the Legislature, and 

24           thank you for this opportunity.


                                                                   276

 1                  RMAPI is a multi-sector community 

 2           collaborative dedicated to breaking the cycle 

 3           of poverty by shifting power and enabling 

 4           upward mobility for all families.  Our work 

 5           is deeply rooted in community engagement, and 

 6           we hear directly from those impacted by 

 7           poverty every day.  

 8                  One of the most urgent concerns we 

 9           hear is the pressing need for increased 

10           affordable housing options, particularly for 

11           low and very low income households.  Our 

12           community members have spoken clearly, and 

13           these are all quotes:  

14                  "Decent affordable housing is 

15           essential and should be a right." 

16                  "There isn't enough affordable or 

17           income-based housing to meet the needs of the 

18           people in Rochester.  The waiting lists are 

19           long." 

20                  "People lack dignity when they live in 

21           decrepit apartments, houses, and 

22           neighborhoods.  These conditions foster 

23           instability and crime." 

24                  "Stop penalizing those without homes 


                                                                   277

 1           for not following complex and unrealistic 

 2           rules." 

 3                  And "There's no affordable housing for 

 4           minimum-wage workers."

 5                  The data support these statements.  In 

 6           2024, New York State had more than 150,000 

 7           homeless individuals.  New York has one of 

 8           the highest rates of homelessness in the 

 9           country, and a lack of affordable housing has 

10           exacerbated this crisis.

11                  RMAPI is currently diving deep into 

12           the issue of child homelessness in our 

13           community.  According to data pulled by our 

14           colleagues at Enterprise Community Partners, 

15           over 3,000 children in the City of Rochester 

16           experience homelessness each year, including 

17           more than 600 under the age of five.  More 

18           than half of renter households in Rochester 

19           are rent-burdened, spending more than 

20           30 percent of their income on housing.

21                  Housing instability leads to a cascade 

22           of negative consequences that put families at 

23           risk:  Loss of employment, family 

24           disruptions, poor educational outcomes, and 


                                                                   278

 1           increased reliance on emergency services.  We 

 2           cannot allow these conditions to persist.

 3                  So our recommendations:  RMAPI 

 4           strongly supports the Housing Access Voucher 

 5           Program, HAVP, which would establish a 

 6           statewide Section 8-like rental assistance 

 7           program providing housing stability for 

 8           individuals and families at risk of 

 9           homelessness.  It would also support 

10           landlords by ensuring a steady rental income.

11                  HAVP is particularly important because 

12           it will be available to individuals 

13           regardless of immigration status or criminal 

14           record.  Research has consistently shown that 

15           rental assistance programs significantly 

16           reduce homelessness and housing instability 

17           and lead to substantial cost savings by 

18           reducing reliance on shelters and emergency 

19           services.  

20                  Only one in four eligible households 

21           receives federal housing choice vouchers, and 

22           localities outside of New York City, like 

23           Rochester, lack their own voucher programs.  

24           HAVP would provide close to 13,000 households 


                                                                   279

 1           with vouchers.

 2                  It also aligns with the recently 

 3           released recommendations of the Child Poverty 

 4           Reduction Advisory Council.  Their 

 5           recommendations call for the creation of a 

 6           state housing voucher program.  And according 

 7           to their research from Urban Institute, a 

 8           state housing voucher would reduce child 

 9           poverty by over 15 percent.

10                  Beyond HAVP, RMAPI supports additional 

11           policy changes to increase housing security, 

12           including increasing the shelter allowance to 

13           100 percent of HUD's fair market rent.  This 

14           allowance has not been updated since 2003, 

15           despite significant rent increases in that 

16           time period.

17                  We also support investing in housing 

18           navigation and other support services to 

19           ensure that people with vouchers can utilize 

20           those effectively.  But we also know that we 

21           need longer-term solutions.

22                  Oh, that's my three minutes.

23                  MR. BOYLE:  Hi.  Again, my name is 

24           Patrick Boyle.  I'm a senior director with 


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 1           Enterprise Community Partners.  

 2                  Enterprise is a national nonprofit.  

 3           We support community development 

 4           organizations on the ground, aggregate and 

 5           invest capital for impact, advance housing 

 6           policy at every level of government, and 

 7           build and manage communities ourselves.  

 8           Since our New York office opened in 1987, 

 9           we've committed more than $5.7 billion in 

10           equity loans and grants to affordable housing 

11           to create and preserve over 84,000 affordable 

12           housing units across New York State.

13                  Thank you for the opportunity to 

14           deliver this testimony today.

15                  In last year's session there were many 

16           important housing measures enacted along the 

17           lines of housing supply, office-to-residual 

18           conversions, ADUs, renewed tax incentives, 

19           and changes to the FAR cap.  And those were 

20           all very important, as housing supply is a 

21           very important aspect of solving our housing 

22           crisis.

23                  But I think what is on Enterprise's 

24           mind a lot these days is really the stability 


                                                                   281

 1           of tenants and the rising homelessness rate, 

 2           as well as the operational challenges to 

 3           housing, the housing that exists now and some 

 4           of the strains that we're seeing in the 

 5           affordable housing stock.  

 6                  So to touch on a few of those issues, 

 7           on the homelessness front, we'll join the 

 8           chorus that many others have said today with 

 9           respect to the Housing Access Voucher 

10           Program, which would be the single most 

11           impactful measure that could really be 

12           adopted this year to really tackle 

13           homelessness around the state.

14                  We're also calling for around 

15           $47 million in housing navigation and related 

16           services for people with vouchers.  More 

17           resources for people with vouchers is an 

18           equally important part of the picture.  The 

19           voucher utilization rate or the ability of 

20           someone with a voucher to find housing with a 

21           voucher is very, very low in New York 

22           compared to other areas of the country.  And 

23           this pool of funding would help everyone who 

24           has a voucher looking for housing find the 


                                                                   282

 1           housing navigation support they need to be 

 2           able to obtain housing.  

 3                  We call for the advancement of the 

 4           recommendations of the Childhood Poverty 

 5           Reduction Advisory Council, including, as 

 6           Rebekah said, a statewide state housing 

 7           voucher.  

 8                  Fifty million dollars for the Shelter 

 9           Arrears Eviction Forestallment, or SAEF 

10           program, to really address rent arrears 

11           outside New York City, where oftentimes there 

12           are more limited resources available.  

13                  And on the affordable housing 

14           preservation front, we'll join the call that 

15           others mentioned before to really help 

16           resource captives beyond the captive that has 

17           been recently launched in New York City, to 

18           further allow groups outside New York City 

19           and other nonprofits to be able to access 

20           captives and launch captives of their own.

21                  I also just want to call, on the fair 

22           housing front, for $7 million for HCR's Fair 

23           Housing Testing Program.  This increase in 

24           funding would be really necessary not only to 


                                                                   283

 1           help groups do kind of what they already do 

 2           in the fair housing space, but to really 

 3           expand that in other areas.  And based on 

 4           what we're seeing at the federal level, we're 

 5           going to need more investment around fair 

 6           housing enforcement here in New York.

 7                  Thank you.

 8                  MS. TYLER:  Good afternoon.  Thank you 

 9           for allowing me to share my testimony today.  

10                  My name is Rashida Tyler.  I'm the 

11           project manager for the Interfaith Affordable 

12           Housing Collaborative.  The collaborative is 

13           a statewide organization that helps 

14           state-based organizations respond to the 

15           housing and homelessness crisis in their 

16           community by providing them technical 

17           assistance and pre-development funds so that 

18           they can develop housing within their 

19           communities.

20                  We work with faith leaders across 

21           New York State in rural, suburban and urban 

22           communities who want to help keep families in 

23           their communities by providing safe, stable, 

24           affordable housing.  


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 1                  We all know the statistics surrounding 

 2           the housing crisis.  A recent report from the 

 3           New York State Comptroller's office found 

 4           that homelessness increased 53 percent alone 

 5           from January 2023 to January 2024.  Let there 

 6           be no confusion.  The housing crisis is an 

 7           affordable-housing crisis, which is most 

 8           severe among low-income families, Black and 

 9           brown communities, and women. 

10                  Yes, we need to create more housing at 

11           all levels of affordability, but let us not 

12           lose sight of where the greatest need is:  

13           Housing for New Yorkers who, no matter how 

14           hard they try, cannot escape housing 

15           insecurity.

16                  While the problem is growing each day, 

17           many communities are taking actually to 

18           criminalizing homelessness and banning 

19           activities such as camping and other 

20           activities associated with being homeless.  

21           This is actually causing and may discourage 

22           those who are seeking assistance from seeking 

23           out those resources.

24                  We do not support the reestablishment 


                                                                   285

 1           of involuntary commitment for those suffering 

 2           from mental illness as a substitute for 

 3           providing safe, affordable housing solutions.  

 4           Nor do we support the employment of hostile 

 5           architecture or the limitation of the 

 6           provision of necessary facilities such as 

 7           restrooms or the removal of public seating, 

 8           as is happening right here in the New York 

 9           State -- on the Concourse.

10                  These efforts to discourage the 

11           homeless from finding places to rest, 

12           especially when they have no other options, 

13           are not doing our state any favors.  Solving 

14           the housing crisis actually requires a 

15           multifaceted solution.  We support policies 

16           that promote rapid rehousing and shelter, 

17           such as the increase in temporary housing 

18           assistance -- that is S113/A108.  

19                  We support the expansion of supportive 

20           housing funding and the combating of youth 

21           homelessness.  We support the Housing Access 

22           Voucher Program.  As many here have said, 

23           this will be one of the single most effective 

24           anti-homelessness programs that could be 


                                                                   286

 1           enacted this session.

 2                  We support also the right to counsel 

 3           and the Shelter Arrears Eviction 

 4           Forestallment -- SAEF -- Act.

 5                  We also support the creation of 

 6           affordable housing through the Faith-Based 

 7           Affordable Housing Act.

 8                  CHAIRMAN PRETLOW:  Thank you.

 9                  Questions?

10                  CHAIRWOMAN KRUEGER:  Senator Brian 

11           Kavanagh.

12                  SENATOR KAVANAGH:  Thank you.

13                  Thank you all for your testimony and 

14           for all your work.

15                  This has been a somewhat 

16           downstate-heavy day because of just the folks 

17           that signed up to testify, so it's great to 

18           have people with a statewide perspective and 

19           some upstate perspective here.

20                  Just -- can you just talk a little -- 

21           we -- from the Senate side we've had less 

22           talk about HAVP and SAEF partly because we 

23           had a six-hour hearing last week on that, on 

24           rental assistance.  But can you just -- each 


                                                                   287

 1           of you has said that one of the single most 

 2           effective things we can do is expand 

 3           statewide -- rental assistance statewide and 

 4           make it available.

 5                  Can you just talk a little bit more 

 6           about in your areas why that would be so 

 7           critical?  

 8                  And Ms. Tyler, you mentioned the 

 9           Shelter Arrears Eviction Forestallment 

10           program.  Can you just talk a little bit more 

11           about how that -- that's a new program, but 

12           what your sort of hopes and expectations are 

13           for that?  

14                  MS. TYLER:  Yes, absolutely.

15                  So the New York State -- we cover the 

16           whole state, but I myself am from Ulster 

17           County, where it has been the center of the 

18           housing crisis in many cases.  

19                  So in Ulster County we have seen many 

20           people who have not recovered from the 

21           pandemic and are still trying to even keep up 

22           and to catch up on those rental payments.  So 

23           they've started paying their rent, but 

24           they're still in arrears.  And so it's very 


                                                                   288

 1           important to get them caught up, because that 

 2           threat of eviction is hanging over their 

 3           head.

 4                  Having the ability to have people get 

 5           caught up on their rent is something that 

 6           will help landlords and it will also help, 

 7           you know, the community as a whole.  We have 

 8           people who are working three and four jobs, 

 9           are doing Instacart and gig work just to 

10           survive, and not getting ahead.  I think this 

11           program is vital, and I think that it will 

12           provide a lifeline for many people who want 

13           to remain in the community.

14                  SENATOR KAVANAGH:  Thank you.

15                  CHAIRWOMAN KRUEGER:  Senator May.

16                  SENATOR KAVANAGH:  I think Patrick 

17           wanted to say something.

18                  CHAIRWOMAN KRUEGER:  Oh, I'm sorry.

19                  MR. BOYLE:  That's okay.

20                  Just wanted to briefly touch on the 

21           Senator's question.  

22                  So Enterprise is statewide in our 

23           focus, and as was mentioned, you know -- and 

24           this is an argument I think for both HAVP and 


                                                                   289

 1           the SAEF program -- you know, different areas 

 2           can vary a lot in their resources around 

 3           rental assistance.  

 4                  So having something that's sort of 

 5           statewide, that's sort of centrally focused 

 6           and it's not kind of something that goes out 

 7           to different social service agencies and it's 

 8           a little difficult to track and it's a little 

 9           difficult to see the statewide impact, I 

10           think would be huge.  You know, not everyone 

11           has a CityPHEPS or other kind of existing 

12           resources like that.  

13                  And, you know, one thing that gets a 

14           little less focus on the HAVP side is, you 

15           know, also a potential ability to really 

16           project-base it would really help kind of an 

17           affordable housing supply, affordable housing 

18           pipeline perspective.  And, you know, as was 

19           mentioned, the impact on landlords, 

20           particularly affordable housing landlords who 

21           are kind of struggling with their 

22           collections, vouchers are a really important 

23           part of that picture.  So it's really a 

24           win/win both for the tenants and for the 


                                                                   290

 1           owners.

 2                  MS. MEYER:  Am I able to answer too?

 3                  So, you know, I think in Rochester, 

 4           which has a high poverty rate -- it's going 

 5           down, but it is still high -- we want people 

 6           to have quality housing.  Landlords need to 

 7           be able to cover their costs.  Like the math 

 8           just doesn't work when we have a city with a, 

 9           you know, 26, 27 percent poverty rate, median 

10           income around, you know, in the 30,000 range.  

11                  If we want people to have affordable 

12           housing, we have to be able to pay for what 

13           that housing costs.  We have to subsidize the 

14           cost of that housing.  Vouchers are the most 

15           direct, effective way to do that, and a way 

16           of providing that long-term stability that 

17           people need in order to, you know, find 

18           employment, pursue education, so that they 

19           aren't, you know, maybe needing that voucher 

20           forever.  But it can be that long-enough 

21           support to provide that stability that people 

22           need.

23                  SENATOR KAVANAGH:  Thank you.

24                  SENATOR MAY:  Am I up?  Thank you.


                                                                   291

 1                  I just wanted to ask Ms. Tyler the 

 2           same question I asked in the previous panel 

 3           about the faith-based affordable housing.  

 4           Such a popular idea, but there is a kind of 

 5           targeted pushback against it.

 6                  What is your plan for getting past 

 7           some of that so that we can actually get 

 8           things done that so many people want to see?

 9                  MS. TYLER:  Right.  So I think in 

10           general when you're looking at trying to 

11           overcome objections based on home rule, you 

12           actually want to try to find ways that you 

13           can adapt the Faith-Based Affordable Housing 

14           Act to be more flexible for the community.

15                  So one way would be is height 

16           necessarily the measure that you want to 

17           utilize.  I think that's up to the 

18           Legislature to make sure that the measurement 

19           that is being utilized is something that is 

20           adaptable for communities.  You might be able 

21           to overcome the barriers that you faced on 

22           places like Long Island and places like 

23           other -- like upstate New York, where there 

24           are -- communities are more sensitive to 


                                                                   292

 1           height.

 2                  And so being able to find measures 

 3           that work for each community and are flexible 

 4           I think is key.  I think that it's not 

 5           something that should prohibit there being 

 6           discussion and there being -- this bill from 

 7           being included in either one-house.  There's 

 8           room for amendments and there's room for each 

 9           community to weigh in.  

10                  But I think being flexible and 

11           offering each community an opportunity to 

12           find a measure that works for them is 

13           something that could be done.

14                  SENATOR MAY:  It seems to me that one 

15           factor might be if some of these properties 

16           were coming back on the property tax rolls.  

17           Is that something that's been discussed?  

18           Because that would matter a lot to local 

19           officials if, you know --

20                  MS. TYLER:  So you mean like faith 

21           properties coming back onto the tax rolls?

22                  SENATOR MAY:  If they're being rented.  

23           Yeah.

24                  MS. TYLER:  I'm not sure.  I don't 


                                                                   293

 1           want to give you a wrong answer, so I'm not 

 2           100 percent sure if that would be -- we'd 

 3           have to again talk with faith communities and 

 4           see if that's something that would be 

 5           something that they're interested in doing 

 6           too.

 7                  So I don't want to give you a wrong 

 8           answer, but I'd love to explore that more 

 9           with our faith communities that we work with.

10                  SENATOR MAY:  Thank you.

11                  MS. TYLER:  Yeah, of course.

12                  But I -- if I could, I will say we 

13           have talked to faith leaders from Brooklyn 

14           all the way to Buffalo, and they are 

15           interested in building and they are 

16           frustrated by the red tape that they are 

17           encountering.  Because they have property and 

18           many are, again, land rich and cash poor and 

19           are unable to actually take advantage of or 

20           help their communities by developing their 

21           parcels of land.

22                  SENATOR MAY:  Thank you.

23                  CHAIRMAN PRETLOW:  Thank you.

24                  I want to thank you for your testimony 


                                                                   294

 1           and appreciate your staying with us till the 

 2           end.

 3                  Calling Panel E:  Rural Housing 

 4           Coalition of New York; Rural Ulster 

 5           Preservation Company; New York State 

 6           Rural Advocates; and For the Many.

 7                  (Pause, off the record.)

 8                  CHAIRWOMAN KRUEGER:  So introduce 

 9           yourselves first for the people in the booth.

10                  MR. BORGES:  Good evening.  I'm 

11           Michael Borges.  I'm the executive director 

12           of the Rural Housing Coalition of New York.  

13           We're the counterpart to Mark Streb and the 

14           Neighborhood Preservation Coalition.

15                  MS. RAMADHAN:  I'm April Ramadhan.  

16           I'm with New York State Rural Advocates.

17                  CHAIRWOMAN KRUEGER:  Okay.  Please.

18                  MR. BORGES:  So again, Mike Borges 

19           with the Rural Housing Coalition.

20                  I first want to thank the Legislature 

21           for their support last year in providing 

22           funding for several programs targeted to 

23           small and rural communities, particularly the 

24           $10 million in new funding for the 


                                                                   295

 1           preservation and rehabilitation of USDA 515 

 2           affordable rental properties, and $7 million 

 3           in continued funding for the Small Rental 

 4           Development Initiative, which builds 

 5           affordable rental housing of four to 20 

 6           units.

 7                  Despite several new initiatives like 

 8           the Vacant Rental Improvement Program, VRIP, 

 9           and the Plus One ADU program, the housing 

10           shortage and affordability crisis continues. 

11           Unfortunately, the Executive Budget continues 

12           a trend of adding new programs while cutting 

13           existing ones that serve Rural New York.  The 

14           funding for the aforementioned USDA and the 

15           Small Rental Development Initiative were both 

16           eliminated in the Executive Budget.  Funding 

17           for the Rural Preservation Program, which 

18           provides capacity-building funding for the 

19           60 nonprofit housing and community 

20           development organizations serving rural 

21           New York, was cut by over $2 million.  

22                  In November 2024, the Rural Housing 

23           Coalition, in collaboration with the 

24           Association of Towns, conducted a joint 


                                                                   296

 1           survey of rural municipal leaders to identify 

 2           the primary obstacles to constructing housing 

 3           in rural areas.  Survey respondents 

 4           identified the lack of infrastructure, 

 5           insufficient local capacity and a lack of 

 6           state funding targeted to rural areas as the 

 7           three main obstacles to building housing in 

 8           rural areas.  

 9                  We were pleased that the Executive 

10           Budget included $100 million for 

11           infrastructure improvements in support of 

12           housing development, but the funding was 

13           limited to Pro-Housing Communities. 

14           Infrastructure funding should be allocated or 

15           prioritized for those communities that have 

16           identified the lack of infrastructure as a 

17           barrier to developing additional housing.  

18                  Local capacity was another obstacle to 

19           building housing in rural areas.  Again, the 

20           Executive Budget reduced funding for the 

21           Rural Preservation Program, which supports 

22           our 60 nonprofit Rural Preservation 

23           Companies.  These nonprofit organizations are 

24           the primary providers of housing rehab and 


                                                                   297

 1           repair services, as well as building new 

 2           affordable housing in rural communities.  

 3           Without strong and financially stable local 

 4           capacity, rural communities cannot preserve 

 5           the existing housing stock or build new.  

 6                  The Rural Housing Coalition urges the 

 7           Legislature to reject the Executive Budget's 

 8           cuts to the Rural Preservation Program and 

 9           increase funding by approximately $500,000 to 

10           $8.05 million so that Rural Preservation 

11           Companies Neighborhood Preservation Companies 

12           each receive equal funding.  Currently, NPCs 

13           are funded at approximately around $130,000, 

14           $131,000 each.  RPCs, their equivalent in 

15           rural areas, are funded at $121,000 each.  

16                  We also ask that the $250,000 carveout 

17           out of RPP funding for the Rural Housing 

18           Coalition be continued.  

19                  The last obstacle identified in the 

20           joint survey with the Association of Towns 

21           was the lack of funding specifically targeted 

22           to rural areas.  Again, as mentioned 

23           previously, the Executive Budget zeroed out 

24           the programs that were mentioned earlier.


                                                                   298

 1                  CHAIRMAN PRETLOW:  Thank you.

 2                  MR. BORGES:  Thank you.  

 3                  MS. RAMADHAN:  Good afternoon, all 

 4           distinguished members of our panel.  Thank 

 5           you, everybody, who hung around until the end 

 6           of the day.

 7                  I'm April Ramadhan, and on behalf of 

 8           New York State Rural Advocates, we would like 

 9           to thank you for allowing us to share our 

10           thoughts on the proposed 2026 Executive 

11           housing budget.

12                  As New York's rural communities 

13           continue to face many challenges, Rural 

14           Preservation Companies serve as vital 

15           conduits for delivering both state and 

16           federal resources.  In just the past year, 

17           preservation companies undertook 

18           204 infrastructure projects, wrote over 

19           564 grants, rehabilitated thousands of homes, 

20           and managed nearly 4700 affordable rental 

21           units.  

22                  However, we are disappointed to report 

23           that Governor Hochul's 2026 budget proposes a 

24           30 percent funding cut to the Rural 


                                                                   299

 1           Preservation Program.  We advocate for a 2026 

 2           Rural Preservation budget of 8.6 million to 

 3           correct this course and to provide these 

 4           nonprofits with the COLA increase that they 

 5           desperately need.

 6                  Homeownership has historically been a 

 7           cornerstone for building generational wealth 

 8           for rural families, but this is currently 

 9           under threat.  It is increasingly difficult 

10           for young families to secure a home because 

11           of soaring housing costs, inadequate housing 

12           stock, and competition from out-of-area 

13           buyers.

14                  Existing homeowners also face many 

15           challenges, particularly seniors and 

16           low-income families struggling to maintain 

17           their homes.

18                  We remain committed to our request for 

19           36 million in funding for the Affordable 

20           Housing Corporation, as well as additional 

21           support for vital programs like Resilient and 

22           Ready, RESTORE, and ACCESS, all crucial for 

23           maintaining our communities.

24                  As we seek to support homeownership, 


                                                                   300

 1           we must also prioritize foreclosure 

 2           preservation.  We support $40 million for the 

 3           Homeowner Protection Program, and we are 

 4           advocating for high-quality prepurchase 

 5           counseling to safeguard against a worsening 

 6           housing crisis.

 7                  While homeownership is crucial, access 

 8           to quality rental housing is just as 

 9           important.  The rural rental housing 

10           portfolio, especially Section 515 properties, 

11           is at risk due to aging infrastructure and 

12           the potential loss of affordable units.  We 

13           support Governor Hochul's proposal for the 

14           Rural Rental Assistance Program, alongside 

15           advocating for additional funds to preserve 

16           Section 515 properties.  

17                  We are also requesting funding to 

18           establish a statewide small rental 

19           development initiative that we affectionately 

20           refer to as SRDI.  Our rural communities are 

21           vibrant spaces filled with families and 

22           potential.  We must not backtrack but rather 

23           push forward.  Today I urge you to stand with 

24           us and support our funding requests for rural 


                                                                   301

 1           communities and assure affordable housing for 

 2           all.  

 3                  Thank you.

 4                  CHAIRMAN PRETLOW:  Thank you.

 5                  MS. RAMADHAN:  Wow, 7 seconds extra.

 6                  (Laughter.)

 7                  CHAIRMAN PRETLOW:  Senate?

 8                  CHAIRWOMAN KRUEGER:  Senator May.

 9                  SENATOR MAY:  So as the chair of the 

10           Legislative Commission on Rural Resources, I 

11           am very grateful that you are here and for 

12           the work that you do. 

13                  And I guess you covered a lot of the 

14           specifics -- great job.  I want you to know 

15           there are a lot of advocates in the 

16           Legislature for exactly what you're asking 

17           for.

18                  I would -- I am conscious, 

19           representing Central New York, of the rise in 

20           rural homelessness.  And I would like you to 

21           just say -- what are the main drivers?  Is it 

22           cost of housing?  Is it availability of 

23           housing?  Or is it something altogether other 

24           than that?


                                                                   302

 1                  MS. RAMADHAN:  A lot of it is the 

 2           quality of housing stock too.  And that's why 

 3           the preservation funds are so important.

 4                  They said earlier -- like I've heard 

 5           people say earlier that preservation takes 

 6           longer and it's more difficult, and that's 

 7           true.  But this is what we have to work with.  

 8           And we have a lot of -- like the new funding, 

 9           like Resilient and Ready for the storms, and 

10           there's a lot of stuff, a lot of programs 

11           that are working to keep people in their 

12           homes.  And we think that's vital.

13                  MR. BORGES:  Yeah, I think 

14           homelessness in rural areas tends to be 

15           invisible.  You don't have people camping out 

16           in front of, you know, storefronts and things 

17           like that.  So sometimes it's hard to 

18           diagnose this and address it.

19                  But yeah, I mean homelessness is real.  

20           I think, you know, when we try to build new 

21           housing, that's one way to address the 

22           housing crisis.  But in rural communities we 

23           also need to do a lot more to preserve our 

24           housing stock, right?  Because we have a lot 


                                                                   303

 1           of older housing stock that needs rehab work, 

 2           repair work and things like that.

 3                  So I think we need to emphasize both 

 4           building new and preserving the housing stock 

 5           that we do have, because we have a lot, it's 

 6           just not -- it's in disrepair or it's not 

 7           habitable, and we need to invest in both at 

 8           the same time.

 9                  SENATOR MAY:  And the barriers to 

10           building new are?

11                  MR. BORGES:  Well, it's that survey I 

12           did with the Association of Towns.  

13           Especially in rural communities, it's 

14           infrastructure.  That was their number one -- 

15           you know, we surveyed -- I think we got like 

16           900 responses back, which is pretty good, of 

17           all the municipalities in the state.  And 

18           they identified infrastructure.

19                  I think the Governor was listening --

20                  SENATOR MAY:  Was it water --

21                  MR. BORGES:  Water, sewer.  You know, 

22           roads.  I mean, you know, you take for 

23           granted when you do an infill -- I have a 

24           friend who works for the Albany Land Bank.  


                                                                   304

 1           And, you know, when they do an infill 

 2           project, they don't have to worry about 

 3           sidewalks and roads and sewer, it's just 

 4           right there.  Right?

 5                  Where when you're building something 

 6           rural in the middle of a field, well, you've 

 7           got to think about sidewalks, you've got to 

 8           think about the road, because that's not just 

 9           out there.  

10                  So there's a lot more barriers to 

11           building housing in rural communities than 

12           you would normally face as an infill project, 

13           say, in the City of Albany or some other 

14           urban area.

15                  MS. RAMADHAN:  And rural 

16           infrastructure can be wells and septics too.

17                  MR. BORGES:  Yup, exactly.

18                  MS. RAMADHAN:  And in rural areas 

19           without public water and sewer, well and 

20           septic can run $50,000, $60,000 just for a 

21           single home.  And we have people going years 

22           without water or septic because of those 

23           costs.

24                  SENATOR MAY:  I understand the 


                                                                   305

 1           Governor is trying to address some of that 

 2           too, so -- great.  Thank you so much.

 3                  CHAIRMAN PRETLOW:  Thank you all.

 4                  SENATOR KAVANAGH:  Thank you for being 

 5           here.

 6                  MS. RAMADHAN:  Thank you.

 7                  MR. BORGES:  Thank you.

 8                  CHAIRMAN PRETLOW:  All right, Panel F:  

 9           West Side Federation for Senior and 

10           Supportive Housing; Selfhelp Community 

11           Services; Neighbors Together; National Union 

12           of the Homeless; Coalition for the Homeless; 

13           VOCAL-NY; and Win NYC.

14                  Good evening, everyone.  Could you, 

15           just for the recordkeepers up there, just 

16           state your name so they know which name to 

17           put under it when they post your pictures?

18                  We can start from my right, your left.

19                  MR. MANN:  Hi.  Chris Mann, from Win.

20                  MS. SMITH:  Eustacia Smith from 

21           West Side Federation for Senior and 

22           Supportive Housing.

23                  MS. DENIO:  Annalyse Denio, on behalf 

24           of Selfhelp Community Services.


                                                                   306

 1                  MS. FRANCIS:  Bebhinn Francis, 

 2           National Union of the Homeless.

 3                  MS. ADAMS:  Tracie Adams, from 

 4           VOCAL-NY.

 5                  CHAIRMAN PRETLOW:  Okay.  You can 

 6           start from either side.

 7                  MR. MANN:  Sure, thanks.  Thank you, 

 8           Chairs and esteemed members of the 

 9           Legislature, for the opportunity to testify 

10           today.  

11                  My name is Chris Mann.  I'm the 

12           assistant vice president of policy and 

13           advocacy at Win, the largest provider of 

14           shelter and supportive housing in New York 

15           City for families.

16                  We operate 16 shelters and nearly 

17           500 units of permanent supportive housing --

18                  CHAIRWOMAN KRUEGER:  Move the 

19           microphone a little closer?

20                  MR. MANN:  Sure, sorry.

21                  Each night, more than 7,000 people 

22           call Win "home," including 3800 children.  

23           Win's also a proud member of Housing Access 

24           NY, a statewide coalition of more than 


                                                                   307

 1           70 organizations that have been fighting for 

 2           the Housing Access Voucher Program.  

 3                  New York's facing the worst 

 4           homelessness crisis in its history.  Last 

 5           year homelessness doubled, with nearly 

 6           160,000 people experiencing homelessness 

 7           statewide.  Since 2022, the number of 

 8           children experiencing homelessness has also 

 9           doubled, reaching over 50,000 kids in 

10           shelter.  

11                  This is not just a New York City 

12           issue.  Homelessness has skyrocketed across 

13           the state.  Families with children make up 

14           60 percent of the state's homeless 

15           population, and closer to 70 percent in 

16           New York City.

17                  The faces of homelessness in New York 

18           City and the state are children.  At Win, 

19           more than 50 percent of the 3800 kids are 

20           under the age of six.  So we're talking about 

21           very young children.

22                  Additionally, there were just under 

23           200,000 eviction filings statewide last year, 

24           and 2.9 million renters are cost-burdened, 


                                                                   308

 1           meaning they are much more at risk of 

 2           homelessness.

 3                  As a statewide rental assistance 

 4           program modeled after Section 8, HAVP would 

 5           help fill a critical gap, supporting families 

 6           regardless of immigration status and criminal 

 7           justice involvement.  The need is obvious.  

 8           When NYC opened the Section 8 waitlist this 

 9           summer for the first time in 15 years, over 

10           600,000 people applied in just six days.

11                  We also know that vouchers reduce 

12           child poverty, stabilize communities, and 

13           prevent homelessness.  A new report from 

14           Robin Hood found that one in four New Yorkers 

15           can't afford essentials, and the share of 

16           poverty is nearly double the national average 

17           in New York.  

18                  Governor Hochul's own CPRAC recognizes 

19           the importance of a statewide voucher.  They 

20           included a recommendation for a statewide 

21           voucher that looks very similar to HAVP.

22                  In an analysis conducted by Win last 

23           year we found that a $250 million investment 

24           in HAVP would provide nearly 13,000 


                                                                   309

 1           households with vouchers, offering stability 

 2           and preventing eviction.  That equates to 

 3           around 30,000 individuals.

 4                  We need to be honest; homelessness and 

 5           eviction have substantial associated costs 

 6           that are skyrocketing due to inaction.  We 

 7           found that HAVP could save the state up to a 

 8           billion dollars over the course of five years 

 9           through reductions in associated costs.

10                  I'm pretty much out of time, so I'll 

11           just say we also support investments in 

12           supportive housing -- and I'll leave it at 

13           that.  Thank you.

14                  CHAIRMAN PRETLOW:  Thank you.

15                  MS. SMITH:  Thank you to the joint 

16           legislative committee on housing for the 

17           opportunity to testify.

18                  My name is Eustacia Smith, and I'm 

19           from West Side Federation for Senior and 

20           Supportive Housing, or WSFSSH.  For nearly 

21           50 years, WSFSSH has developed and operated 

22           low-income housing for older adults and 

23           currently houses over 2500 residents across 

24           21 buildings in Manhattan and the Bronx.


                                                                   310

 1                  We know intimately that stably housing 

 2           residents as they age in place depends 

 3           crucially on providing services along with 

 4           housing.  That is why I urge you to fund the 

 5           Affordable Independent Senior Housing 

 6           Resident Assistant Program.  This program 

 7           would fund a staff member in independent 

 8           affordable senior housing, called a resident  

 9           assistant, to assist residents with obtaining 

10           a broad range of services that will enable 

11           them to age in place, even as a person's 

12           needs change over time.

13                  While affordable senior housing 

14           supports independent living, a key link is 

15           often missing -- help navigating complex 

16           government and community programs.  These 

17           services can be difficult to obtain and 

18           maintain, particularly in a tech-centric 

19           world where basic appointments are often made 

20           online.  Without support, many seniors give 

21           up, leading to faster health declines.  

22                  Sometimes there are barriers beyond 

23           just technical.  Accessing home health aide 

24           services can be a complex, lengthy process, 


                                                                   311

 1           but also can trigger tough emotions regarding 

 2           loss.  After a lifetime of caring for 

 3           themselves and their families, now they must 

 4           come to terms with the fact that they need 

 5           care.

 6                  A resident assistant builds a 

 7           personal, trusting relationship and supports 

 8           them past those barriers.  Resident 

 9           assistants also help address social issues so 

10           often faced by older adults -- noticing when 

11           someone is isolated, reconnecting them to 

12           community activities.  A wealth of recent 

13           data shows that loneliness leads to poor 

14           health and decline, while social connections 

15           support better health and longer independent 

16           living.

17                  It's critical that we implement 

18           programs like this as the older adult 

19           population is booming.  A recent comptroller 

20           report shows that while New York City's total 

21           population declined by 6.2 percent, the 

22           population of those 65 and older increased by 

23           6.4 percent.  At the same time, 

24           long-term-care options are shrinking.


                                                                   312

 1                  This program is a cost-effective 

 2           solution to keep older adults housed in the 

 3           community, reducing reliance on expensive 

 4           nursing homes.

 5                  A similar program funded by HUD 

 6           provides data that this kind of program works 

 7           to reduce hospitalizations and reliance on 

 8           nursing facilities, and saves significant 

 9           dollars.  But it is underfunded and only 

10           available to a small fraction of buildings 

11           that could qualify for it.

12                  The Resident Assistant bill asks for 

13           just 2 million per year over five years.  

14           Estimates from LeadingAge New York indicate 

15           that this amount would roughly provide a 

16           yearly net savings to Medicaid of 4.5 million 

17           and would service approximately 1600 older 

18           adults.  

19                  Help us ensure older adults can age in 

20           place and avoid institutional care by funding 

21           the Affordable Independent Senior Housing 

22           Resident Assistant Program.  And thank you to 

23           Assemblymember Rosenthal and Senator Kavanagh 

24           and all those who have supported this bill.


                                                                   313

 1                  CHAIRMAN PRETLOW:  Thank you.

 2                  MS. DENIO:  Hi, there.  My name is 

 3           Annalyse Denio.  It's nice to see many of you 

 4           again.  I am a senior policy analyst with 

 5           LeadingAge New York, but I thank you today 

 6           for giving me the opportunity to present the 

 7           testimony of our member Stuart Kaplan, who is 

 8           CEO of Selfhelp Community Services.  And 

 9           although he wasn't able to be here, he's 

10           honored to be able to share his insights on 

11           the critical needs of aging adults across the 

12           state.

13                  Selfhelp's unique approach to serving 

14           all older adults is rooted in its 

15           longstanding work with Holocaust survivors, 

16           which has taught them that every person 

17           deserves compassionate, trusted and 

18           innovative care that respects their life 

19           experiences.  Today Selfhelp provides 

20           affordable housing, home care, and 

21           community-based services to 25,000 

22           individuals in the Greater New York City 

23           metropolitan area.

24                  A 2023 study conducted by the 


                                                                   314

 1           Joint Center for Housing Studies of 

 2           Harvard University concluded with the 

 3           well-acknowledged fact that the population of 

 4           older adults is rapidly growing, and with it 

 5           comes an urgent need to expand innovative 

 6           housing solutions that allow older adults to 

 7           age at home, safely, and with the support 

 8           that they need.

 9                  New York State is no exception to that 

10           need.  For older adults, the stress of 

11           unstable housing worsens existing mental and 

12           physical conditions, and unfortunately 

13           Selfhelp is increasingly seeing homelessness 

14           in this population and how the provision of 

15           housing is life-changing at any age.

16                  Affordable senior housing is therefore 

17           not just an investment in the brick and 

18           mortar, it's an investment in its people, in 

19           communities, and in the financial 

20           sustainability of our healthcare systems.  

21           And it can help low-income older adults avoid 

22           unnecessary crises, hospitalizations, and 

23           premature institutional care, all of which 

24           come at a high human and financial cost to 


                                                                   315

 1           individuals and taxpayers alike.

 2                  Proudly serving as a key stakeholder 

 3           on the Master Plan for Aging with colleagues 

 4           from across the state, Stuart would like to 

 5           commend the plan's emphasis on housing as a 

 6           critical social determinant of health and its 

 7           recognition of innovative models like the 

 8           Resident Assistant Program outlined in 

 9           legislation carried by Chairs Rosenthal and 

10           Kavanagh.

11                  This type of program, modeled for more 

12           than 50 years at Selfhelp, brings social 

13           services on-site to affordable senior 

14           housing, connecting residents to the supports 

15           they need as they age safely in their own 

16           home.

17                  Most affordable senior housing 

18           buildings, however, including those financed 

19           by the state or the city, currently have 

20           little or no financial path to providing this 

21           much-needed service.  That's why we're urging 

22           the committees to support this legislation as 

23           well as an investment of $10 million over 

24           five years -- as Stacey said, $2 million per 


                                                                   316

 1           year -- in the budget to bring resident 

 2           assistants into every affordable senior 

 3           housing building statewide.

 4                  Years of published research has shown 

 5           us that this model yields extraordinary 

 6           returns.  And by championing affordable 

 7           senior housing and ensuring on-site services, 

 8           this year's budget could be pivotal in 

 9           empowering older New Yorkers who have given 

10           so much to our communities and the state, 

11           letting them age with dignity in their 

12           communities while safeguarding the 

13           sustainability of our healthcare system.

14                  Thank you.

15                  CHAIRMAN PRETLOW:  Thank you.

16                  MS. FRANCIS:  Hello.  My name is 

17           Bebhinn Francis.  I'm an organizer with the 

18           National Union of the Homeless Albany 

19           chapter, and a coalition member for Housing 

20           Justice for All.

21                  I work closely with the unhoused 

22           community of Albany, and we are exhausted.  

23           We are exhausted by the system and the 

24           housing crisis in New York State, and we are 


                                                                   317

 1           not alone in our exhaustion.  Thousands of 

 2           New Yorkers are suffering from the threat of 

 3           eviction and homelessness.  I experienced 

 4           homelessness for the second time from 2021 

 5           through 2024.  My 19-month crisis began when 

 6           my marriage suddenly came to an end.  

 7                  In the blink of an eye, I went from 

 8           having the support of my husband's income to 

 9           only my own.  I received Social Security 

10           disability and I worked part-time, but I 

11           could not afford to secure and maintain 

12           housing on my own.  I needed help.  One 

13           hundred forty thousand New Yorkers need help.

14                  I immediately applied for public 

15           housing and, after the arduous application 

16           process, I was placed on the waiting list.  

17           The estimated wait is two years or longer.  I 

18           am still on that list three years later.

19                  For 19 months, 578 days, I looked in 

20           the mirror and watched my health decline.  I 

21           became malnourished, and my body stopped 

22           making white blood cells.  I watched as I 

23           lost weight and I virtually faded away.  

24                  Housing is healthcare.  Housing is a 


                                                                   318

 1           human right.  

 2                  According to State Comptroller 

 3           DiNapoli's report released this year, 

 4           Albany city and county saw a 38 percent 

 5           increase in homelessness between 2022 and 

 6           2024.  In total, 1011 people experienced 

 7           homelessness in 2024, along with myself.

 8                  Living at or below the poverty line is 

 9           like walking a tightwire.  We try to maintain 

10           balance under the extraordinary pressure.  

11           The Housing Access Voucher Program is the 

12           safety net that New York State needs when we 

13           fall.  

14                  The Housing Access Voucher Program 

15           will uplift over 20,000 people out of 

16           homelessness.  The Housing Access Voucher 

17           Program can prevent tens of thousands of 

18           non-payment evictions.  The Housing Access 

19           Voucher Program can subsidize low-income 

20           housing so it does not fall into disrepair.  

21                  HAVP is a commonsense policy and one 

22           solution New York State wants and needs.  And 

23           with the threats to federal subsidies, it is 

24           more important than ever to pass this bill.  


                                                                   319

 1           I know that the Senate and Assembly support 

 2           HAVP.  So I ask that all of you push for this 

 3           in the Executive Budget.

 4                  Please, and thank you.

 5                  CHAIRMAN PRETLOW:  Thank you.

 6                  MS. ADAMS:  Good afternoon.  

 7                  And I want to thank Chairs Rosenthal 

 8           and Kavanagh for sponsoring the HAVP, the 

 9           Housing Access Voucher Program.

10                  This program is very important.  And 

11           if we'd have had it five years ago, things 

12           would have looked a lot better.  I'm 

13           HIV-positive.  I was homeless.  Okay?  And I 

14           have two felonies.  So I don't qualify for 

15           Section 8, where HAVP will help people, 

16           individuals like me.

17                  I applied for apartments, and the 

18           first sheet of the paper says "Have you ever 

19           been convicted of a crime?"  So I don't 

20           qualify.

21                  Another thing HAVP will help me.  When 

22           we go look for apartments, you've gotta pay 

23           an application fee, which is $25.  So if I go 

24           for four of them, that's a hundred dollars -- 


                                                                   320

 1           which I don't have.  Okay?

 2                  HAVP would help a lot of us from 

 3           having to go into a shelter.  You know what 

 4           it's like to live in a shelter and you're 

 5           HIV-positive or you have cancer or any 

 6           underlying, you know, health issues that are 

 7           occurring?

 8                  Shelters get millions and millions on 

 9           our heads, being in there.  That money you 

10           put into shelters, we could use that for 

11           HAVP, $250 million for the first phase.  

12                  I don't know what the problem is.  

13           Children are becoming homeless.  You can't 

14           become an astronaut, a politician or a 

15           teacher if you don't have proper housing.  

16           Housing is healthcare.  People diminish, they 

17           die when they don't have healthcare.  

18                  If you walk outside, you see people 

19           living in the corners, living behind 

20           buildings.  HAVP will rectify all of this.  

21           It's just a piece of paper that needs to be 

22           signed.  We can eradicate homelessness in the 

23           State of New York.  We're a big state.  We're 

24           a powerful state.  I don't know why we have 


                                                                   321

 1           all these homeless people.  We should ask 

 2           ourselves, What are we doing that is wrong?  

 3                  These people come out every day.  A 

 4           lot of them are taxpayers, a lot of them are 

 5           registered voters.  Nobody wants to be 

 6           homeless.  Okay?  Last year I was one of the 

 7           people in the 191,000 people that was getting 

 8           evicted.  Okay?  Where was HAVP?  We need it 

 9           in the worst way or we ain't going to have no 

10           New Yorkers.  Either they're going to be dead 

11           or they're going to go to another state.

12                  We need our state.  We're a bad state.  

13           We're a strong state.  Keep us together.  

14           Help us, our people that are homeless.  

15           People already get evicted.  I was one of 

16           them.  I'm 62 years old.  Shouldn't have to 

17           live like that.  I fight for the community, 

18           your-all community, our community, to help 

19           put everybody where they at.

20                  So please, please think about it real 

21           hard.  HAVP is the answer, the common 

22           solution to homelessness.

23                  Thank you.

24                  CHAIRMAN PRETLOW:  Thank you.


                                                                   322

 1                  Questions?

 2                  ASSEMBLYWOMAN ROSENTHAL:  Well, thank 

 3           you all for your important testimony.

 4                  As you know, I'm the Assembly sponsor 

 5           of HAVP.  And -- I mean, you've -- I couldn't 

 6           have scripted it better.

 7                  But seriously, both the Senate and the 

 8           Assembly for some years now have supported 

 9           it, have put $250 million in our one-house 

10           budgets.  So I would say that the missing 

11           link would be the Executive.

12                  And perhaps turn some of your 

13           firepower to the second floor.  And, you 

14           know, you all put it in very human terms, and 

15           that's the best way to understand it, is -- 

16           you know, it's not just words, it's people.  

17           And we desperately need to house those who 

18           are living on the street or behind buildings.

19                  So thank you for speaking out and 

20           sharing your personal story, and thank you 

21           for working hard in the trenches to uplift 

22           all New Yorkers.

23                  Thank you.

24                  CHAIRMAN PRETLOW:  Senator?


                                                                   323

 1                  CHAIRWOMAN KRUEGER:  Senator Brian 

 2           Kavanagh.

 3                  SENATOR KAVANAGH:  Thank you again.

 4                  We had a several-hour hearing last 

 5           week on rental assistance particularly, 

 6           because that was a hearing about things that 

 7           were not in the Executive Budget.  And so we 

 8           thought it was important to do that to 

 9           highlight that.

10                  But I just -- I want to just start by 

11           thanking all of you, and particularly those 

12           who are sharing your experiences not having 

13           adequate services and funding available in 

14           housing.  Because that's just an incredibly 

15           important perspective for us to hear every 

16           time we gather for an event like this to talk 

17           about policy and dollars and cents.  You 

18           know, it's absolutely critical.

19                  And, you know, your testimony I 

20           hope -- hopefully will have, you know, an 

21           impact on others that are part of the 

22           decision making that we need to make over the 

23           next few weeks.

24                  I do want to just take a moment to 


                                                                   324

 1           just highlight the Affordable Independent 

 2           Senior Housing Resident Assistant Program, 

 3           just because it is sort of a -- it's, for 

 4           some people on the panel and in the 

 5           Legislature, maybe a new idea even though the 

 6           bill's been around for a few years.  And this 

 7           is another bill that I cosponsor with 

 8           Assemblymember Rosenthal.

 9                  But just talking -- there's a -- this 

10           is services to provide resident assistants in 

11           existing housing that is otherwise -- where 

12           the housing has been funded by the state and 

13           there are not services that are comparable in 

14           federal -- that would be available in 

15           federally funded housing for a similar 

16           population.

17                  Is that accurate?  And can you just 

18           elaborate a little more on why that would be 

19           so beneficial to provide that?  And again, I 

20           would just note this is not -- most of the 

21           things we've been talking about today have 

22           been capital expenditures.  This is an 

23           operating cost which, you know, is a little 

24           harder for us to do sometimes.


                                                                   325

 1                  But if you can just talk about the 

 2           need for that.

 3                  MS. SMITH:  Yeah.  This is for 

 4           independent senior housing, so maybe it's 

 5           202, HUD housing, or it could be LIHTC or 

 6           some other housing.  But independent.  So 

 7           where there's not services.  

 8                  And what we find is that people go -- 

 9           you know, if their needs increase, some of 

10           the services are really difficult to get, 

11           like home health aide.  And so without it, 

12           the only alternative is a nursing home or 

13           higher level of care, when that could be 

14           avoided.

15                  So we see this as an easy way to avoid 

16           some of those really expensive ...

17                  MS. DENIO:  Yeah, and I will say that 

18           while there is a comparable program in 

19           federal funded buildings, as Stacey 

20           mentioned, it's very underfunded and only 

21           about a third of the buildings in New York 

22           State that are HUD-funded that could qualify 

23           for a service coordinator do actually have a 

24           service coordinator.


                                                                   326

 1                  And of course with everything 

 2           happening at the federal level, you know, 

 3           that funding is in question.

 4                  But the resident assistants are 

 5           available on-site when that resident 

 6           requests, and when they need it, to connect 

 7           them with the services they need.

 8                  SENATOR KAVANAGH:  Okay, thanks.

 9                  And that's all the time I have.  But 

10           again, thank you all so much.

11                  CHAIRMAN PRETLOW:  Any other Senators?

12                  CHAIRWOMAN KRUEGER:  I do have a 

13           question.

14                  Hi.  Sorry, I had to run out and come 

15           back.

16                  But -- so we know there's an enormous 

17           homeless population problem in the city, and 

18           it's skyrocketing.  And throughout the 

19           country.  I get the feeling that it's so much 

20           worse how the shelter system is working now 

21           than it was under the previous mayor.  I just 

22           wanted to do a reality check.

23                  Anybody have an opinion?

24                  MR. MANN:  I mean, I think one of the 


                                                                   327

 1           big problems is getting paid on time for the 

 2           shelters.  

 3                  I think, you know, under the mayor the 

 4           shelter system has expanded a lot.  You know, 

 5           and there was a huge need with the influx of 

 6           new arrivals.  And so, you know, I will give 

 7           credit where credit is due.  Like we have 

 8           stood up a significant amount of new beds in 

 9           New York City.  

10                  But I think in terms of operation, 

11           there's that significant challenge of getting 

12           paid on time.  It's really hard for operators 

13           to work under those conditions when they're 

14           owed millions and millions of dollars.  It's 

15           a little easier for larger providers like Win 

16           -- still very challenging, but, you know, 

17           there are other providers that are, you know, 

18           struggling to make payroll given that they're 

19           waiting so long to get paid.

20                  CHAIRWOMAN KRUEGER:  So I wasn't 

21           trying to criticize any of the providers, 

22           so -- if I sounded that way.  

23                  But it does seem like nobody's getting 

24           paid on time, contracts are very bizarre.  


                                                                   328

 1           And then the city-run shelters themselves 

 2           seem to be much more chaotic than I've seen 

 3           them for at least a decade.  So I was just 

 4           wondering whether it was my gut instincts or 

 5           whether -- you're sort of shaking your heads 

 6           yes -- whether there's just something else 

 7           going wrong now.

 8                  MS. ADAMS:  It is.  There's a lot of 

 9           things going wrong.  In the shelters right 

10           now -- and I'm talking about upstate, 

11           Syracuse and Rochester.  That's who I 

12           oversee, both of the cities.  The people are 

13           sanctioned, so if you're sanctioned, you 

14           can't go in the shelter because you have no 

15           form of payment.  So that means I gotta  

16           sleep outside.  Okay?

17                  So to help people, we need HAVP and we 

18           need to lift the sanctions.  But with HAVP, 

19           it wouldn't make a difference if you was 

20           sanctioned because you could get housing.  

21           But if I don't have HAVP and I go for 

22           anything else, I'm sanctioned.  So there's no 

23           money for me to get to go anywhere.  So I 

24           don't get no food, and I don't get no cash 


                                                                   329

 1           assistance.  Means why I can't get in the 

 2           shelter.

 3                  CHAIRWOMAN KRUEGER:  Thank you.

 4                  MS. FRANCIS:  I just want to add 

 5           really quick, here in Albany, specifically 

 6           shelters, that's exactly what I was going to 

 7           say, was talk about sanctions.

 8                  If you're sanctioned from food stamps 

 9           or public assistance, you are sanctioned from 

10           a shelter.  If you're sanctioned from the 

11           shelter, you are sanctioned from food stamps 

12           or public assistance.

13                  And the application process for these 

14           programs, all of them, is hard for a lot of 

15           people to navigate.  They might make 

16           mistakes.  And like a simple mistake could 

17           add -- lead to your sanction.

18                  That's all.

19                  CHAIRMAN PRETLOW:  Thank you.

20                  Assemblyman Chang.

21                  ASSEMBLYMAN CHANG:  Okay, works now.  

22           Okay.  Thank you very much.  Thank you for 

23           being here, and I know it's quite late here.

24                  I represent Brooklyn, South Brooklyn, 


                                                                   330

 1           and I've been -- I was born in New York City, 

 2           so homelessness has been changed drastically 

 3           for decades.  And it seems like we're not 

 4           solving this problem.  So what's the real -- 

 5           I mean, we can give all the housing we can 

 6           but still come out with homelessness.  

 7                  What -- where are the people?  Are 

 8           they from outside New York City or are they 

 9           within?  Just from my impression, when I'm 

10           out in the subway, I ask people, Where you 

11           from?  And many of them are not locally 

12           New York City.

13                  So are they coming here because of the 

14           benefits that we offer to them?  Or -- or 

15           addiction issues?  Or mental health issues?

16                  MS. ADAMS:  People leave upstate to go 

17           downstate because they think if I go 

18           downstate, I could find an apartment faster 

19           and I'll get paid more money, not 

20           understanding that you get -- there's more 

21           money down there because the cost of living 

22           is more.

23                  So a lot of people are coming from 

24           other states here and then going downstate.  


                                                                   331

 1           So our shelters are fluctuating with people 

 2           coming from different states.

 3                  ASSEMBLYMAN CHANG:  That's why it's 

 4           always never-ending.  Because if we offer all 

 5           these services to other than our own New York 

 6           State residents, we'll never solve this 

 7           problem.  It will be like a continuous black 

 8           hole.

 9                  Okay, so the next question I have is 

10           we --

11                  MR. MANN:  Could I respond?

12                  ASSEMBLYMAN CHANG:  Sure.  Certainly.

13                  MR. MANN:  I'll just say -- I mean, 

14           nobody wants to be homeless.  So people 

15           aren't flocking to New York City to become 

16           homeless.  Right?  

17                  You know, we have seen a large influx 

18           of new arrivals, obviously.  And many of 

19           those new arrivals enter the shelter system 

20           because they -- a lot of them were bussed 

21           from the southern border, came to New York, 

22           didn't have connections, right?  And many of 

23           them move on relatively quickly from the 

24           shelter system.


                                                                   332

 1                  But one of the challenges there 

 2           obviously has been the lack of legal 

 3           assistance to get asylum, TPS, and then work 

 4           authorization.  So that's been a challenge 

 5           that obviously needs to be addressed on the 

 6           federal level.

 7                  But I think in terms of homelessness 

 8           in New York City, right, before the influx of 

 9           new arrivals we had a homelessness crisis.  

10           Right?  We still have a homelessness crisis 

11           for New Yorkers -- long-term New Yorkers and 

12           some new New Yorkers.  

13                  So I think the main issue, right, is 

14           that we need to invest in services for the 

15           lowest-income people, and we need to build 

16           housing.  I mean, no one -- no one is 

17           disagreeing that the housing supply is an 

18           issue.  So that's one key component of it.  

19           But I think also, you know, we're all in 

20           favor of -- or so many of us are in favor of 

21           the Housing Access Voucher Program because it 

22           helps people get out of shelter immediately.  

23           And we know that the cost of housing someone 

24           with a voucher is less than housing someone 


                                                                   333

 1           with shelter long-term.

 2                  ASSEMBLYMAN CHANG:  I'm almost out of 

 3           time.  Another question too is the math 

 4           doesn't add up.  We've got 20 million people 

 5           in New York State and declining.  We lost 

 6           ten -- half a million people from the whole 

 7           state.  And the math doesn't come up.  And 

 8           we've been building all this housing.

 9                   So is it because it's -- the supply 

10           is different from upstate than downstate?

11                  CHAIRWOMAN KRUEGER:  I'm sorry, I have 

12           to cut you off, Assemblymember.

13                  And we have Senator Rachel May.

14                  ASSEMBLYMAN CHANG:  Sorry.  Thank you.

15                  SENATOR MAY:  Thank you.

16                  And thank you for your very personal 

17           testimony.  I wanted to just call attention 

18           to Central New York, where the homelessness 

19           crisis has risen so fast that for the first 

20           time ever, last year the census of homeless 

21           individuals found that there were more people 

22           in families who were homeless than individual 

23           adults, which they'd never found that before.

24                  So this is -- this is so much about 


                                                                   334

 1           affordability, about lack of housing for 

 2           families, that it's shocking and something we 

 3           really have to work on.

 4                  I also just wanted to mention I do 

 5           carry a bill for sanctions relief, Senate 

 6           Bill 4417.  I hope that you all call some 

 7           attention -- it's been very hard to get any 

 8           traction for this bill.  So I appreciate you 

 9           elevating that issue, because it is kind of 

10           invisible and -- but really important that we 

11           deal with it.

12                  So thank you all.

13                  CHAIRMAN PRETLOW:  And thank you all 

14           for your testimony.  And actually the -- your 

15           two was really moving, when we went through 

16           that.  But I wish you all the best.

17                  PANELISTS:  Thank you.

18                  CHAIRMAN PRETLOW:  Thank you.

19                  I call on Panel G:  New Economy 

20           Project; Housing Conservation Coordinators; 

21           and Fifth Avenue Committee.

22                  Okay, just for the people in the 

23           booth, just tell us your name and -- from the 

24           three of you, and then you can start your 


                                                                   335

 1           testimony from the same direction.  If you'd 

 2           start on my right, your left.

 3                  MS. DIAZ:  Chelsea Diaz, New Economy 

 4           Project.

 5                  MR. YOUNG:  Jared Young, HCC.

 6                  MR. MORALES:  Julian Morales, the 

 7           Fifth Avenue Committee.

 8                  MS. DIAZ:  Good afternoon, Chairs and 

 9           Assembly and Senate members.  Thank you for 

10           the opportunity to testify today on behalf of 

11           New Economy Project, a New York City-based 

12           economic justice organization.  

13                  Founded in 1995, New Economy Project 

14           works with community groups to fight systemic 

15           discrimination and to build a just economy 

16           rooted in cooperation, racial justice, and 

17           ecological sustainability.

18                  We cofounded and coordinate the 

19           New York City Community Land Initiative, an 

20           alliance that has fostered the growth of more 

21           than 20 community land trusts, which serve as 

22           vehicles to create and preserve permanently 

23           affordable housing and combat displacement.  

24                  We urge the Legislature to pass and 


                                                                   336

 1           fund the Tenant Opportunity to Purchase Act, 

 2           or TOPA, at $250 million annually for the 

 3           next four years.  

 4                  I've written detailed testimony, but I 

 5           want to underscore three points.

 6                  First, TOPA is a powerful and proven 

 7           tool to stabilize housing, empower tenants, 

 8           and combat displacement.  TOPA gives tenants 

 9           a first opportunity to collectively buy their 

10           buildings when a landlord sells, on their own 

11           or in partnership with a qualified community 

12           land trust or nonprofit housing developer.

13                  Similar opportunity-to-purchase 

14           policies have preserved tens of thousands of 

15           affordable units and shared-equity 

16           cooperatives in Washington, D.C., since 1980; 

17           San Francisco, since 2019; and other 

18           jurisdictions.  New York's TOPA bill 

19           incorporates best practices and lessons 

20           learned from those and other programs.

21                  Second, robust funding is essential to 

22           TOPA's success.  A $250 million annual 

23           appropriation will enable tenants and 

24           qualified nonprofits to seize purchase 


                                                                   337

 1           opportunities on fast-moving timelines.  

 2           Funding will also support technical 

 3           assistance to help tenants exercise their 

 4           TOPA rights and convert buildings to resident 

 5           control.

 6                  Third, TOPA would bolster and multiply 

 7           tenant purchases already on the rise.  I've 

 8           cited several examples in my written 

 9           testimony in which tenant associations have 

10           partnered with community land trusts and 

11           other nonprofits to successfully purchase 

12           their buildings from neglectful landlords.

13                  Enactment of TOPA would create similar 

14           pathways for tenants statewide, who too often 

15           face rent hikes and eviction threats when 

16           their buildings change hands.

17                  New York State is home to a robust and 

18           growing network of CLTs, nonprofit housing 

19           developers, and legal and technical 

20           assistance providers that support TOPA and 

21           are ready to partner to ensure its effective 

22           implementation.

23                  Finally, TOPA would go far in 

24           combating the real estate speculation that is 


                                                                   338

 1           driving New York's affordability crisis.  As 

 2           you heard today, Governor Hochul's budget 

 3           proposal calls for a 75-day waiting period 

 4           before corporate buyers could purchase one- 

 5           and two-family homes.  But that proposal 

 6           leaves millions of tenants in the crosshairs 

 7           of predatory investors.

 8                  Passing and funding TOPA will give 

 9           tenants and nonprofits statewide a powerful 

10           tool to interrupt speculative building sales 

11           and bring housing into stable resident 

12           control.

13                  New York's affordability crisis 

14           demands bold investments that address root 

15           causes of housing insecurity and 

16           homelessness.  We urge the Legislature to 

17           pass and fund TOPA at $250 million in the 

18           budget.

19                  Thank you for the opportunity to 

20           testify.

21                  CHAIRMAN PRETLOW:  Thank you.

22                  MR. YOUNG:  Good afternoon, 

23           Chairs Kavanagh and Rosenthal.  I know it's 

24           been a long day, but bear with me.  We're 


                                                                   339

 1           almost there.

 2                  My name is Jared Young.  I am a leader 

 3           in my building's tenant union and a community 

 4           organizer with HCC.

 5                  I am also a constituent of 

 6           Chair Rosenthal in Hell's Kitchen.

 7                  I was born and raised in a red-brick 

 8           tenement in Hell's Kitchen.  This building is 

 9           my heart and soul.  My mother has been living 

10           in it for over 30 years, and during the same 

11           time our living has been dominated by a 

12           neglectful and abusive landlord, Daniel 

13           Ohebshalom.  

14                  Suffering his constant horrific living 

15           conditions, deception and injustice has been 

16           the standard of this building.  But today I 

17           am on a mission to purchase it.  

18                  The stark realities of housing 

19           insecurity, corporate negligence and tenant 

20           disenfranchisement defined my childhood, a 

21           brutal cycle that will repeat if left 

22           unchecked.  But I have a vision for the 

23           future of housing in New York, and you have 

24           the power to make it a reality.


                                                                   340

 1                  I urge you to support and fund the 

 2           passage of the Tenant Opportunity to Purchase 

 3           Act, or TOPA.  TOPA is the key to what I call 

 4           housing freedom.  It represents a pathway to 

 5           dignity, stability and autonomy for 

 6           New Yorkers, and it's a solution to a housing 

 7           crisis that needs any help it can get.

 8                  I've seen generations of families come 

 9           and go at my home on 45th Street, crushed 

10           under the weight of an unjust system that 

11           prioritizes profits over people.  My 

12           surviving neighbors form our community.  Our 

13           tenant union has been organized since 2020, 

14           and we are bound by our shared struggle and 

15           resilience.

16                  We're now looking to claim the rights 

17           to buy our physical home.  Under TOPA, with 

18           funding, we could partner with a community 

19           land trust or CLT to buy our home.  We're 

20           currently in conversations with This Land is 

21           Ours CLT.  It's been years of managing the 

22           building ourselves, including boiler 

23           maintenance, general issues, and anything 

24           else our landlord chooses to evade.


                                                                   341

 1                  They don't want this building.  We do, 

 2           and we're ready to take it over right now.

 3                  So I ask you to imagine a better 

 4           New York and think boldly.  What if, instead 

 5           of living under the boot of corporate 

 6           ownership, tenants had the right to purchase 

 7           and control their own buildings?  What if our 

 8           rent went directly toward the maintenance of 

 9           our homes instead of lining pockets?  

10                  TOPA makes this vision a reality.  It 

11           gives tenants a fighting chance to reclaim 

12           our homes, protect our neighbors, and build 

13           communities, and it really just makes sense.

14                  By passing and funding TOPA -- because 

15           we need that money -- we take a leap toward a 

16           New York where tenants have real power and 

17           real security, and a leap towards housing 

18           freedom.  So I invite you to stand with us 

19           and take action toward making TOPA a reality.  

20           Our building can't wait, New York can't wait, 

21           and our freedom can't wait.

22                  Thank you.

23                  MR. MORALES:  Thank you, everyone.

24                  Thank you all, members of the joint 


                                                                   342

 1           budget hearing for housing, for allowing me 

 2           to testify today.

 3                  My name is Julian Morales, and I am 

 4           the organizing and advocacy manager at the 

 5           Fifth Avenue Committee, FAC.

 6                  I am here to discuss FAC's support for 

 7           several housing proposals that must be funded 

 8           in the FY '26 budget.  

 9                  A little bit about FAC.  FAC is an 

10           award-winning nonprofit, comprehensive 

11           community development corporation committed 

12           to serving 7,000 New Yorkers, low- and 

13           moderate-income New Yorkers, each year for 

14           the past 47 years.  FAC strongly supports 

15           TOPA, the Tenant Opportunity to Purchase Act.  

16                  An example of how TOPA can impact FAC 

17           is that we are actively pursuing a 

18           purchase -- a preservation purchase of a 

19           former LIHTC building with a regulatory 

20           agreement which is in its extension period 

21           and expires next month.  If we are not 

22           successful, then over 30 low-to-moderate- 

23           income rent-regulated families will be 

24           displaced and be homeless.


                                                                   343

 1                  The tenants support FAC's preservation 

 2           purchase of the building.  The passage of 

 3           TOPA needs to come with dedicated capital 

 4           funding, including predevelopment funding so 

 5           nonprofit CDCs like FAC can quickly assess 

 6           the properties to ensure informed and fair 

 7           purchase prices.

 8                  We urge the Legislature to pass TOPA 

 9           in the state budget along with an annual 

10           appropriation of $250 million to support TOPA 

11           building acquisitions and technical 

12           assistance.

13                  We also urge you all to adequately 

14           fund the Neighborhood Preservation Program, 

15           NPP, securing funding for NPP at 

16           $18.8 million -- versus what the Governor is 

17           proposing, which would enact a 30 percent 

18           cut.  And some groups like FAC and our 

19           affordability organization, Neighbors Helping 

20           Neighbors, use these funds to do eviction 

21           prevention work, and FAC also uses it to 

22           support our capacity to advance our 

23           2000 Brooklyn Homes Campaign and to preserve 

24           affordable housing as well as managing over 


                                                                   344

 1           600 units of affordable housing.

 2                  I'll be quick in the last few other 

 3           things.  We have an extensive testimony that 

 4           we submitted previously.  

 5                  But the last few things, we are in 

 6           dire need for ANHD's policy proposal Housing 

 7           Access and Preservation Initiative that will 

 8           allow nonprofit CDCs to create a revenue 

 9           stream to help some of us who have properties 

10           since COVID that, you know, we've had to 

11           build out some of our affordable housing 

12           units that we've had to step in during these 

13           times.

14                  And then lastly, I'll just say -- 

15           which has been heard all day today -- we 

16           strongly support HAVP.  

17                  We submitted our testimony last week, 

18           and so we just want to thank you for the 

19           opportunity to testify.  And thank you.

20                  CHAIRMAN PRETLOW:  Thank you.

21                  Assemblyman Chang.

22                  ASSEMBLYMAN CHANG:  Thank you for 

23           being here.  And it's great to have 

24           homeownership, because that's a proper way of 


                                                                   345

 1           American dream -- even though it's not the 

 2           smoothest way, but homeownership is, rather 

 3           than NYCHA.  That's not homeownership itself.

 4                  But this 250 million, would that 

 5           encompass the whole state or just only for 

 6           New York City?

 7                  MS. DIAZ:  It would be for the whole 

 8           state.

 9                  ASSEMBLYMAN CHANG:  Okay.  Have they 

10           figured out what allocation would be New York 

11           City or upstate for this 250, if applied for 

12           that?

13                  MS. DIAZ:  We don't have an allocation 

14           for -- based on state or upstate.

15                  ASSEMBLYMAN CHANG:  And do we have 

16           targeted -- do we have like this centralized 

17           system of what buildings are being targeted 

18           for TOPA, a listing or other -- I mean, how 

19           do you prioritize who would be getting this 

20           funding if they go through all the regulatory 

21           hoops?  Do you have any idea on that?

22                  MS. DIAZ:  Well, in order to apply for 

23           the funding, the tenants will then have to go 

24           through the TOPA process.  And so that's a 


                                                                   346

 1           few steps ahead.

 2                  So some tenants may not go through 

 3           that, and so it's just hard to determine 

 4           exactly what that number would be or to 

 5           prioritize.  It would just depend on the 

 6           number of TOPA participants itself.

 7                  But we can think about that and get 

 8           back to you.

 9                  ASSEMBLYMAN CHANG:  Where do you get 

10           the money -- where do you get the numbers, 

11           250 million?

12                  MS. DIAZ:  It was based on property 

13           sales and costs throughout New York City.  

14           And it had some estimates based on upstate, 

15           where there's less data, and also New York 

16           City.

17                  And again, I'm happy to follow up with 

18           some details on that.

19                  ASSEMBLYMAN CHANG:  If it's 250, I 

20           don't want it to be just a pie-in-the-sky 

21           number.  I mean, what -- how do you -- based 

22           on how many potential properties would be up 

23           within one calendar year or fiscal year or 

24           would it be multiyear funding on this?


                                                                   347

 1                  I don't -- it's great to have 

 2           homeownership, but 250 is a lot of money.  

 3           So -- and we'll want to make sure that we 

 4           spend it wisely and also fairly all across 

 5           the board.

 6                  So I hope there's a process on that 

 7           and so on.

 8                  MS. DIAZ:  Yes.  So the 250 million 

 9           over four years, we anticipate it being up to 

10           thousands of units.  And again, I'm happy to 

11           follow up with you with those numbers and 

12           data.

13                  ASSEMBLYMAN CHANG:  Well, thank you.  

14           Thank you.  

15                  And Jared, this is a great -- what 

16           circumstances lead you to really need to 

17           purchase this building?  And have there been 

18           obstacles from the building owner to prevent 

19           this?

20                  MR. YOUNG:  So we have had heat 

21           outages from the time I was a child.  I used 

22           to take showers with boiled water every 

23           winter, consistently.  We had people breaking 

24           into the building constantly.  During COVID 


                                                                   348

 1           our building was entirely abandoned. 

 2                  So there was a whole picture of abuse 

 3           and neglect.  And we realized that once we 

 4           organized we had power by being together, and 

 5           taking ownership of the building needs to be 

 6           finalized with something like legislation.

 7                  Some of the hurdles have been just 

 8           harassing us and trying to get us out.  But 

 9           right now they don't really have too much 

10           power.  They are mandated to fix several 

11           violations before they sell the building, so 

12           we're trying to intervene in that process.

13                  ASSEMBLYMAN CHANG:  Thank you.  Thank 

14           you.

15                  SENATOR KAVANAGH:  Just a brief 

16           question.  

17                  So we've been working on, you know, 

18           the TOPA legislation.  There are now two 

19           different versions of the bill.  Senate 

20           Housing Committee did report the bill last 

21           spring.  

22                  Just from testimony here and from all 

23           of your experience in the field, there are -- 

24           I want to -- I guess I'm looking for 


                                                                   349

 1           actionability.  There are buildings, 

 2           including the one that you actually live in, 

 3           that are, in your view, sort of available to 

 4           be purchased by the tenants if there were 

 5           adequate capital.  Is that a fair --

 6                  MR. YOUNG:  Absolutely, yeah.  We're 

 7           ready right now.  

 8                  SENATOR KAVANAGH:  Because I just 

 9           would note that the budget -- you know, the 

10           budget's coming around fast.  The budget is 

11           the moment when we figure out whether there's 

12           money available for a particular purpose.  

13                  You know, we have had -- I think some 

14           of your organizations are actually working on 

15           some amendments to the -- proposed amendments 

16           to some of the existing legislation.  And we 

17           do have an Assembly version and a Senate 

18           version which are somewhat different.  

19                  I think Housing Justice for All, one 

20           of the broad coalitions we work with, 

21           supports either of those bills.

22                  But just to say, if we were to find 

23           some money in this budget for capital, for 

24           acquisition, for tenant opportunity to 


                                                                   350

 1           purchase with partners, nonprofit partners, 

 2           you think you'd be able to conclude some -- 

 3           make some of those transactions in the coming 

 4           year?

 5                  MR. YOUNG:  Yeah, absolutely.  

 6                  For my building, I can speak for us, 

 7           we're more than ready.  We've been organized 

 8           for a long time.  We would purchase our 

 9           units.  There's other things that we know 

10           that need to be fixed in the building.  Some 

11           of the things that we've taken on out of our 

12           own pockets.

13                  But we know exactly what it would go 

14           towards.  And I'm sure if we itemized it, 

15           Assemblyman {sic}, we could check off pretty 

16           easily.

17                  SENATOR KAVANAGH:  Okay, thank you.

18                  CHAIRMAN PRETLOW:  Assemblywoman 

19           Rosenthal.  

20                  ASSEMBLYWOMAN ROSENTHAL:  Thank you.  

21                  Thanks for your testimony.  

22                  How long has the TOPA idea been 

23           around?  I mean, we've talked about it for 

24           some years now.  Maybe you could talk about 


                                                                   351

 1           the origin of it.

 2                  MS. DIAZ:  Yeah, at the -- it's been 

 3           around -- not just the idea, but it's been 

 4           implemented in D.C. since 1980.  And it's 

 5           been successful.  Since 2006 it's created 

 6           16,000 units of affordable housing and 

 7           hundreds of permanently affordable 

 8           cooperatives as well.

 9                  ASSEMBLYWOMAN ROSENTHAL:  Is there any 

10           reason to think this wouldn't be successful 

11           here?

12                  MS. DIAZ:  With adequate funding, I 

13           don't think so.

14                  ASSEMBLYWOMAN ROSENTHAL:  Okay.  And 

15           maybe, Jared, you could talk a little bit 

16           more about -- you still suffer through 

17           harassment and neglect in your building, 

18           right?

19                  MR. YOUNG:  Yes.  We are currently 

20           owned by a private equity firm who is pretty 

21           absent.  They don't have any experience with 

22           managing buildings, so they hire outside 

23           firms who are pretty absent as well.  

24                  They are on delay for any repairs or 


                                                                   352

 1           any of our requests.  They are mandated to 

 2           fix several violations before the building is 

 3           allowed to be sold.  And they're just going 

 4           at a snail's pace with fixing those 

 5           violations.  Because once they fix them, that 

 6           investment will not be a profit for the firm.  

 7                  So they don't see it as a valuable 

 8           asset.  And yeah, they see it as an asset 

 9           rather than our home.  So we just want to 

10           intervene in that process and slow the 

11           struggle down, slow down some of the 

12           suffering, and take it into our own hands.

13                  MS. DIAZ:  And --

14                  ASSEMBLYWOMAN ROSENTHAL:  Okay, thank 

15           you.  Yeah?

16                  MS. DIAZ:  Chair, if I may add two 

17           points to your question.  

18                  In addition to the excess, in addition 

19           to the funding, I also just want to note that 

20           we have lessons learned that we've already 

21           incorporated in the bill.  And like you said, 

22           we have qualified purchasers like community 

23           land trusts that are standing ready to work 

24           with tenants as well.


                                                                   353

 1                  ASSEMBLYWOMAN ROSENTHAL:  And then do 

 2           you think it would be -- you know, spread out 

 3           among the boroughs, right?

 4                  MS. DIAZ:  Yes.

 5                  ASSEMBLYWOMAN ROSENTHAL:  I mean, all 

 6           of -- you know of opportunities throughout 

 7           the city, for example.

 8                  MS. DIAZ:  Yes.

 9                  ASSEMBLYWOMAN ROSENTHAL:  Yes.  Okay.  

10           That's it.  Thank you.  

11                  And thank you, Jared, for enduring all 

12           the harassment but still coming out of it 

13           with the zeal to succeed and provide a safe 

14           home for you and your neighbors.

15                  MR. YOUNG:  Yes, absolutely.  We will 

16           win.  Thank you.

17                  ASSEMBLYWOMAN ROSENTHAL:  Thank you.  

18                  CHAIRWOMAN KRUEGER:  I'm sorry, I need 

19           to do a follow-up question.  

20                  So I think turning to Jared, so what 

21           is the building estimated to sell for?  What 

22           do you think you need to buy this building?

23                  MR. YOUNG:  It is listed as 4 million 

24           right now.  And I think that has a lot to do 


                                                                   354

 1           with some of the conditions that it's in.  

 2                  But we aren't sure exactly what the 

 3           valuation is.  That's probably just a flimsy 

 4           price.  They bought the building for a 

 5           thousand dollars.  If TOPA had existed, we 

 6           would have been able to purchase it for that.  

 7           And that was because the city mandated 

 8           Ohebshalom to get rid of his assets and 

 9           liquidate, and that was the minimum price.

10                  CHAIRWOMAN KRUEGER:  And how many 

11           units?

12                  MR. YOUNG:  Well, so I should add that 

13           this is a joint building.  So it's two 

14           buildings, 30 units.  And 15 each.

15                  CHAIRWOMAN KRUEGER:  With an estimated 

16           sales price of 4 million.

17                  MR. YOUNG:  Right.  Not bad.

18                  CHAIRWOMAN KRUEGER:  No.  I mean, 

19           again, it's all dependent also on the 

20           infrastructure and how much more money you'd 

21           have to put into it.  

22                  I mean, I ask because I'm not so 

23           familiar with the modeling that people are 

24           using right now.  My concern would be back in 


                                                                   355

 1           the eighties the City of New York was 

 2           allowing tenants to buy the buildings they 

 3           were living in after they had been taken 

 4           through tax liens.  

 5                  And -- how to describe it -- you would 

 6           have tenants ending up taking buildings that 

 7           were in horrendous condition because 

 8           basically the landlords had sucked everything 

 9           out of the building they could and then 

10           stopped paying their taxes and walked away, 

11           right?  I made my money, I'm walking away.

12                  So then the city said, Okay, tenants, 

13           you want to buy them?  And the tenants said 

14           yes, please.  And then tenants ended up with 

15           very difficult situations because they didn't 

16           necessarily understand how much 

17           infrastructure work was required and how 

18           their tax -- I'm sorry, their rent rolls 

19           weren't going to be enough to afford to take 

20           on the capitalization that was -- I just 

21           don't want us to be walking ourselves down a 

22           path that ended up pretty sadly for a lot of 

23           tenant ownership buildings back in the '80s.  

24                  So I guess I would suggest we all 


                                                                   356

 1           review some of the reports that were written 

 2           by advocacy groups at the time.

 3                  MR. YOUNG:  Well, I'll say that I 

 4           think we're in really good hands with CLTs 

 5           and some of the groups that really know what 

 6           they're doing that have sprung up since then.  

 7           I think there's been a lot of research that 

 8           you can speak to.

 9                  But yeah, I know a lot about burning 

10           buildings in the Bronx and uptown in 

11           Hell's Kitchen.  I think we've moved past 

12           that, but also we have groups that know what 

13           they're doing now.

14                  MS. DIAZ:  And I'll just add that 

15           while a majority of the $250 million would go 

16           towards acquisition, an amount of that money 

17           would also go towards technical assistance, 

18           both in the immediate and long term, to 

19           ensure the long-term success of those 

20           buildings.  

21                  And just reiterating Jared's point 

22           about CLTs being ready to be that partner in 

23           the long term.

24                  CHAIRWOMAN KRUEGER:  Thank you.  Thank 


                                                                   357

 1           you.

 2                  CHAIRMAN PRETLOW:  Thank you.  

 3                  And I'd like to thank the three of you 

 4           for your testimony, and I wish you all the 

 5           luck in getting what you're trying to get, 

 6           because homeownership is a great thing.  

 7                  This formally closes the 14th and 

 8           final hearing of the Legislature's public 

 9           hearings series on the Governor's '25-'26 

10           fiscal year budget.  I want to thank everyone 

11           for their participation.  I want to thank you 

12           for staying till the end.  You're our closing 

13           act, and we appreciate your participation.  

14                  Thank you very much.

15                  MR. YOUNG:  Thank you all so much.

16                  CHAIRWOMAN KRUEGER:  Thank you very 

17           much.  

18                  (Whereupon, at 5:20 p.m., the budget 

19           hearing concluded.)

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