Housing and Community Renewal, Division of
skip breadcrumbs| All amounts are in dollars |
| Category | Available 2007-08 |
Appropriations Recommended 2008-09 |
Change From 2007-08 |
Reappropriations Recommended 2008-09 |
|---|---|---|---|---|
| State Operations | 98,638,000 | 102,638,000 | 4,000,000 | 66,881,000 |
| Aid To Localities | 166,772,762 | 153,505,000 | -13,267,762 | 129,403,000 |
| Capital Projects | 74,200,000 | 74,200,000 | 0 | 380,206,000 |
| Total | 339,610,762 | 330,343,000 | -9,267,762 | 576,490,000 |
| Full-Time Equivalent Positions (FTE) |
| Program | 2007-08 Estimated FTEs 03/31/08 |
2008-09 Estimated FTEs 03/31/09 |
FTE Change |
|---|---|---|---|
| Administration | |||
| General Fund | 59 | 59 | 0 |
| Community Development | |||
| General Fund | 62 | 62 | 0 |
| Special Revenue Funds - Federal | 43 | 43 | 0 |
| Special Revenue Funds - Other | 12 | 12 | 0 |
| Housing | |||
| General Fund | 24 | 24 | 0 |
| Special Revenue Funds - Federal | 56 | 56 | 0 |
| Special Revenue Funds - Other | 78 | 78 | 0 |
| Housing Information Systems | |||
| General Fund | 71 | 71 | 0 |
| HUD Section 8 New Construction | |||
| Special Revenue Funds - Federal | 10 | 10 | 0 |
| New Facilities | |||
| Capital Projects Funds - Federal | 34 | 34 | 0 |
| Rent Administration | |||
| General Fund | 159 | 159 | 0 |
| Special Revenue Funds - Other | 342 | 342 | 0 |
| Total | 950 | 950 | 0 |
Note: Most recent estimates as of 01/22/08.
Mission
The Division of Housing and Community Renewal (DHCR) is responsible for the supervision, maintenance and development of affordable low- and moderate-income housing in New York State. The Division currently performs a number of activities in fulfillment of this mission, including:
- Oversight and regulation of the State's public and publicly assisted rental housing;
- Administration of the State's rent regulations; and
- Administration of housing development and community preservation programs, including State and Federal grants and loans to housing developers to finance construction or renovation of affordable housing.
Budget Highlights
The Executive Budget recommends $330.3 million ($86 million General Fund; $244.3 million Other Funds) for the Division of Housing and Community Renewal. This is a decrease of $9.2 million All Funds ($13.2 million decrease for General Fund; $4 million increase for General Funds) from the 2007-08 budget. This net change primarily reflects continued growth in lease costs and other adjustments. The Executive Budget recommendation includes $103.1 million of Federal funds, no change from the 2007-08 budget. The Executive Budget recommends a staffing level of 950 FTEs for the Division of Housing and Community Renewal, no change from the 2007-08 budget.
Major budget actions include:
- Housing Opportunity Fund: For 2008-09, a total of $400 million will be used for a new “Housing Opportunity Fund”. These resources will be targeted to the development of affordable, supportive and workforce housing initiatives across the state. The new Fund will be financed by the release of reserves held by the State of New York Mortgage Agency (SONYMA) Mortgage Insurance Fund, and the sale of property at the Jacob K. Javits Convention Center site, and will provide $300 million for Downstate housing efforts and $100 million for Upstate housing efforts. The program would be directly administered by SONYMA, with the benefit of an advisory panel consisting of the Division of Housing and Community Renewal (DHCR), the Office of Temporary Disability Assistance (OTDA), the Office of Alcoholism and Substance Abuse Services (OASAS), the Office of Mental Health (OMH) and the Office of Mental Retardation and Developmental Disabilities (OMRDD).
- State Low Income Housing Tax Credit: The 2008-09 budget recommends $4 million for the State Low-Income Housing Tax Credit Program which will result in nearly $40 million in new funding for affordable housing over the next ten years.
The Division's fee revenues come from the following sources: 1) mortgage servicing fees; 2) application and monitoring fees collected from developers of housing projects that are partially financed by Federal low income tax credits; 3) payments by New York City to finance a portion of the Division's rent regulation activities; and 4) fees collected from the U.S. Department of Housing and Urban Development in connection with State administration of the Federal Section 8 rental subsidy program.
2008-09 Executive Budget — Agency Presentation
Housing and Community Renewal, Division of (PDF)