Behind houses sold by well-coiffed brokers on shows like the popular reality TV series Million Dollar Listing is a much more complicated story: the rise of house flipping throughout New York City that can push affordable homeownership out of reach of most families. A new BuzzFeed News investigation published last December explores the rise of […]
Today, we’d like to introduce you to Aunt Ruth — a New Yorker and a good neighbor. You may soon start seeing her at your favorite local coffee shop or bodega, printed on the side of your cup, or on a flyer distributed in your community. She is the new face of our campaign to […]
Soon after Superstorm Sandy made landfall in New York City nearly ten years ago, we mobilized to respond to the needs of homeowners as they struggled to recover from flooding and damage to their houses. For many, recovery continues to this day. Homeowners and those of us who have worked alongside them have learned lessons […]
On any given day, staff members at the Center for NYC Neighborhoods field phone calls from across the state on everything from reverse mortgages to home repairs. They are the front-line staff of the Center who work at the Homeowner Hub, which has outgrown its roots as a “call center” over the past few years. […]
Our annual, one-day Affordable Homeownership Summit is an opportunity for hundreds of leaders, policymakers, elected officials, lenders, and advocates to discuss the challenges facing low- and moderate-income homeowners, as well as innovative solutions and best practices. This year’s Summit theme will focus on equity in our communities, and the crucial questions advocates, supporters, and partners […]
Real estate data companies are releasing regular reports on the housing market in New York City, sometimes with eye-popping statistics about sudden spikes in foreclosures and high rates of re-default. These reports are great hooks for news stories, and give the media a chance to highlight working- and middle-class families who are still struggling years […]
Thomas Gillespie spent 20 years as a New York City sanitation worker, saving as much of his salary as he could to finally place a down payment on a home in St. Albans, Queens in 1994. Buying property was a decision he made to secure his family’s future. Years later, retired and living on only […]
Data is essential to understanding the state of affordable homeownership in New York. We use data visualizations, maps, and more to identify and assess existing and emerging neighborhood needs and to create innovative programs to help middle- and working-class homeowners. Are you a reporter working on a story or a policymaker who needs help understanding […]
Leon Keith nearly lost his three-family home in the Bronx in 2012, after becoming ensnared in a high-profile Ponzi scheme. He credits the foreclosure prevention services operated by the Legal Aid Society helping him in court and in obtaining a loan modification that enabled him to pay his mortgage. (Read the rest of the article […]
From New York to California, communities struggling with a shortage of affordable housing are giving renewed attention to a model of housing preservation that ensures home prices and rents stay within reach for low-income households. That’s why more and more cities are turning to community land trusts. In the community land trust model, a nonprofit […]
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