News: Brokerage

Abad of CHI moderates panel discussion on affordable housing trends

Shown (from left) are: RuthAnne Visnauskas, commissioner and CEO of New York State Homes and Community Renewal; Jeffrey Ginsburg, president & CEO, Volunteers of America – Greater NY; Denise Miranda, acting commissioner, NYS Division of Human Rights; Ron Abad, CEO of Community Housing Innovations; Madeline Fletcher, VP, small & mid-size development, NYS HCR, and Joel Kolkmann, senior VP, real estate development and planning, Empire State Development.

Manhattan, NY Ron Abad, CEO of Community Housing Innovations (CHI), was the moderator of a panel on affordable housing trends at the state level. The panel was part of an all-day Affordable Housing Summit sponsored by City&State New York.

Panelists included Madeline Fletcher, vice president, small & mid-size development, NYS HCR; Denise Miranda, acting commissioner, NYS Division of Human Rights; Jeffrey Ginsburg, president & CEO, Volunteers of America – Greater NY, and Joel Kolkmann, senior vice president, real estate development and planning, Empire State Development.

Abad opened, noting the purpose of the panel was to explore the latest trends and developments in affordable housing at the New York state level, focusing on 1) funding opportunities and capital improvement initiatives, 2) innovative approaches to addressing the housing crisis and 3) availability and accessibility of affordable housing. Another panel scheduled right afterwards focused on New York City and the outer counties.

Fletcher discussed the Homeownership Development work at HCR, highlighting the Affordable Homeownership Opportunity Program, which provides construction and permanent funding for homeownership developments.

Miranda emphasized the importance of combating housing discrimination, particularly in the context of national origin and citizenship, and real estate appraisal discrimination, both barriers to the availability and accessibility of affordable housing for New Yorkers.

Ginsburg discussed the challenges of building and operating affordable housing, including the need for better compensation for nonprofit workers and the importance of partnerships.

Copeman explained the role of Empire State Development (ESD) in housing development, highlighting the agency’s history and tools for redevelopment, including tax incentives and zoning override. He said ESD is currently working on several housing projects, including the Creedmoor Psychiatric Center in eastern Queens and the Lincoln Correctional Facility in Harlem.

The keynote speaker was RuthAnne Visnauskas, commissioner and CEO of New York State Homes and Community Renewal. She highlighted key affordable housing initiatives included in the recently approved NYS budget.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,