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LeadingAge NY Submits Housing Budget Testimony

LeadingAge NY submitted written testimony to all participating committees of the March 1st Joint Legislative Hearing on the State Budget for Housing. Our testimony highlights the need for State investment in low-cost programs to support low- and middle-income older adults aging in their homes, such as our proposed Affordable Independent Senior Housing Resident Assistance Program and middle-income senior housing development. In addition, the testimony urges the State to assist communities in identifying and promoting projects spearheaded by small, local, and not-for-profit organizations serving seniors and other vulnerable populations as they work to meet housing growth goals set forth by the Executive’s “New York Housing Compact” proposal.

Led by the testimony of New York State Homes and Community Renewal Commissioner and CEO RuthAnne Visnauskas, the hearing explored the Compact proposal to create 800,000 new units of housing over the next decade and the expected affordability of units that would result from the proposal. Witnesses and legislators also discussed additional methods such as the creation of a Housing Access Voucher Program and stronger eviction protections to combat housing instability and lack of affordability more immediately.

An archived recording of the hearing is available here.

Contact: Annalyse Komoroske Denio, akomoroskedenio@leadingageny.org, 518-867-8866