Type: Policy

The Section 8 program has long been considered one of the most stable and reliable components of affordable housing finance. Affordable housing lenders, investors, and developers can rely on the predictable, long-term revenue stream provided by Section 8 to underwrite loans and finance new construction. While Congress continues to work on appropriations for FY26, it…

The completion of the PACT Renaissance Collaborative (PRC) renovation of the Manhattan Bundle represents a major milestone in New York City’s efforts to preserve and protect its public housing. Sixteen New York City Housing Authority (NYCHA) developments consisting of 38 residential buildings across upper Manhattan were converted from Section 9 to Section 8 funding under…

This data brief presents building-level financial data from CPC’s New York City rent-regulated portfolio for the years 2020–2024, placing it in context with the Rent Guidelines Board’s approved rent increases and citywide wage trends. Since 2020, per-unit expenses across CPC’s rent-regulated portfolio have grown by 22%, outpacing both rent increases (which have grown by only…

The New York City Housing Authority (NYCHA) is New York City’s largest landlord, with more than 2,000 buildings in its portfolio housing over 350,000 authorized residents. It has long been an essential source of permanently affordable housing in NYC, with NYCHA public housing units representing 7.7% of the city’s rental apartments and serving 4.3% of…

The “Rebuild the Plane Now” report by former U.S Department of Housing and Urban Development (HUD) Regional Administrator for New York & New Jersey Holly Leicht explores the legislative, financial, administrative, and other challenges of disaster response and recovery and recommends best practices for governments. CPC and the Office of the Staten Island Borough President…