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The New York State Division of Housing and Community Renewal (DHCR) is an agency of the New York state government [1] responsible for administering housing and community development programs to promote affordable housing, community revitalization, and economic growth. Its primary functions include supervising rent regulations through the State ...
Its mission is to expand affordable housing opportunities for low- and moderate-income New Yorkers. HCR consists of several state agencies and corporations: the New York State Division of Housing and Community Renewal (DHCR), the New York State Housing Finance Agency (HFA), the State of New York Mortgage Agency (SONYMA).
HFA and its subsidiaries are now administered by New York State Homes and Community Renewal, [4] created in September 2010 to include the New York State Division of Housing and Community Renewal. In 2017, the HFA had operating expenses of $368.76 million, an outstanding debt of $16.780 billion, and a staffing level of 263 people. [5]
New York Gov. Kathy Hochul announced she had set a meeting with key state leaders hours after several members of Mayor Eric Adams' administration announced their departure on Monday. "Tomorrow, I ...
Joseph H. Holland is an American businessman, real estate developer, attorney, public servant, author, and civic leader. Holland was selected by Governor George Pataki to serve as Commissioner of the New York State Department of Housing and Community Renewal, a position he held from 1995 until his resignation in October 1996.
Gov. Kathy Hochul has backed congestion pricing and other taxes to fund the MTA. James Messerschmidt Many lawmakers from counties outside New York City have railed against the $9 congestion toll ...
It was sponsored by New York State Senator MacNeil Mitchell and Assemblyman Alfred A. Lama and signed into law in 1955. [ 2 ] [ 3 ] The program's publicly stated purpose was the development and building of affordable housing , both rental and co-operatively owned, for middle-income residents.
The New York State Constitution, Art.X, sec. 5, provides that public benefit corporations may only be created by special act of the legislature. In City of Rye v. MTA, 24 N.Y.2d 627 (1969), the court of appeals explained that "The debates of the 1938 Convention indicate that the proliferation of public authorities after 1927 was the reason for the enactment of section 5 of article X....