Housing and Community Renewal, Division of
skip breadcrumbsAgency Web Site: https://hcr.ny.gov/division-housing-and-community-renewal
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 publically assisted rental housing; administration of the State’s rent regulations; and administration of housing development and community preservation programs, including State and Federal grants, loans and tax credits to housing developers to finance construction and renovation of affordable housing.
Budget Highlights
The Executive Budget recommends $710.8 million for the Division. This is an increase of $130.4 million from the FY 2014-15 Budget. The growth primarily reflects the full commitment of $439.5 million of JP Morgan settlement proceeds and full funding for the Office of Rent Administration which administers the New York City Rent Regulation program.
The Executive Budget recommends a workforce of 683 FTEs for the Division, which reflects no change from the 2014-15 Budget.
Major budget actions include:
- Continued Expansion of Affordable Housing Opportunities: The Executive Budget continues the $1 billion investment over five years for the House NY program initiated in FY 2013-14 to preserve and create an estimated 14,300 affordable housing units statewide.
- Utilization of Mortgage Insurance Fund (MIF) Resources to Support Housing Programs: The Executive Budget utilizes $50 million in excess reserves from the MIF to support the Neighborhood and Rural Preservation Programs and the Rural Rental Assistance Program through the Housing Trust Fund Corporation, as well as homeless housing programs through the Homeless Housing and Assistance Corporation.
- Utilization of JP Morgan Settlement Funds: The Executive Budget commits nearly $440 million in JP Morgan mortgage settlement proceeds for supportive housing, development and preservation of affordable housing, community development programs, rental assistance and mortgage assistance.
For more information on this agency's budget recommendations located in the Executive Budget Briefing Book, click on the following link:
Briefing Book – Human Services (PDF)
Category | Available 2014-15 |
Appropriations Recommended 2015-16 |
Change From 2014-15 |
Reappropriations Recommended 2015-16 |
---|---|---|---|---|
State Operations | 87,046,000 | 94,846,000 | 7,800,000 | 57,155,000 |
Aid To Localities | 402,196,643 | 524,768,965 | 122,572,322 | 139,974,400 |
Capital Projects | 91,200,000 | 91,200,000 | 0 | 373,875,000 |
Total | 580,442,643 | 710,814,965 | 130,372,322 | 571,004,400 |
Program | 2014-15 Estimated FTEs 03/31/15 |
2015-16 Estimated FTEs 03/31/16 |
FTE Change |
---|---|---|---|
F&D - Community Development | |||
General Fund | 14 | 14 | 0 |
Special Revenue Funds - Other | 36 | 36 | 0 |
Capital Projects Funds - Federal | 20 | 20 | 0 |
OHP - Low Income Weatherization | |||
Special Revenue Funds - Federal | 33 | 33 | 0 |
OHP - Rent Administration | |||
General Fund | 14 | 14 | 0 |
Special Revenue Funds - Other | 346 | 346 | 0 |
OHP - Housing | |||
General Fund | 16 | 16 | 0 |
Special Revenue Funds - Federal | 68 | 68 | 0 |
Special Revenue Funds - Other | 87 | 87 | 0 |
OPS - Administration | |||
General Fund | 10 | 10 | 0 |
Special Revenue Funds - Other | 39 | 39 | 0 |
Total | 683 | 683 | 0 |
Note: Most recent estimates as of 01/21/2015