Site moved to blog.enterprisecommunity.com, redirecting in 1 second...

49 posts categorized "Superstorm Sandy"

June 18, 2014

Ask Your Representative to Support Tax Relief for Victims of Natural Disasters

By Emily Cadik, Senior Policy Analyst, Project Manager

Representative Tom Reed (R-NY-3rd) and Bill Pascrell (D-NJ-9th) are circulating a Dear Colleague letter supporting tax relief for victims of natural disasters. Congress has routinely provided tax relief to communities in the wake of our worst natural disasters, including over 130 since 2005. However, no similar assistance has been provided to the 24 states and hundreds of communities that have been impacted over the past several years, despite the demonstrated continued need.

Representatives Reed and Pascrell will soon be introducing the National Disaster Tax Relief Act, which would provide an increased Low-Income Housing Tax Credit (Housing Credit) allocation of the greater of $8 per person in impacted counties or half of the state’s annual Housing Credit allocation for states impacted by qualifying natural disasters over the past several years. It would also allow eligible states to compete for an additional New Markets Tax Credit allocation of $500 million to help revitalize the most distressed communities in these areas, and would allow states to issue disaster recovery bonds to help finance rebuilding.

Continue reading "Ask Your Representative to Support Tax Relief for Victims of Natural Disasters" »

June 16, 2014

Community Developments – Federal Disaster Competition Announced, Maryland Encourages TOD

A daily roundup of news impacting housing and Community-Developments-blogcommunities

By Allison Charette, Research Analyst

Interested in receiving Community Developments as a daily e-mail? Sign up here

 

  • On Saturday, President Obama announced the National Disaster Resilience Competition. Communities that have experienced natural disasters will compete in this $1 billion program for funds to rebuild and improve resiliency against future disasters. This competition is being run through the HUD’s Community Development Block Grant-Disaster Recovery (CDBG-DR) program. (The White House, June 14)

Continue reading "Community Developments – Federal Disaster Competition Announced, Maryland Encourages TOD " »

November 27, 2013

Request for Proposals for Consultant Services

Superstorm Sandy Rebuilding and Resiliency

By the Enterprise New York Team

Overview

Enterprise Community Partners, Inc. seeks consultants to provide several distinct but related deliverables, including:

  • Organizational Preparedness Protocols and Exercises to help affordable housing organizations establish disaster preparedness policies and plans.
  • Staff Training Resources to help affordable housing organizations operationalize disaster preparedness plans, train staff, and prepare for various disaster scenarios.
  • Tools for Property-Level Resilience to provide technical guidance on capital improvements and operations and maintenance practices that will improve the resiliency of multifamily affordable housing properties.

Vendors should have significant expertise in multifamily housing construction techniques and management; organizational behavior and operationalizing new organizational procedures; and/or disaster planning and/or mitigation.

Download EnterpriseCommunityPartners_RFP for resiliency consultants

Download VendorQualificationForm

Submission Instructions
Please submit all information requested above to Michelle Mulcahy, Program Officer, at mmulcahy@enterprisecommunity.org by 11:59 p.m. on Monday, December 23.

 

November 1, 2013

Community Developments - November 1, 2013

A daily roundup of news impacting housing and Community-Developments-blog communities

By Allison Charette, Research Analyst


  • One year after Hurricane Sandy, public housing residents on Coney Island are still feeling the effects of the storm. With New York City’s public housing authorities stretched to the maximum, some ground floor apartments remain uninhabitable and many boilers for heat remain non-functional. In all Sandy-impacted areas, vulnerable populations have been the slowest to recover. (New York Times, October 29)

  • Steep increases in home prices are not indicative of another housing price bubble, says Robert Shiller. Housing prices are currently being driven by low inventory and strong investor demand, rather than “extravagant expectations” that caused the 2006 bubble. (CNBC, October 29)

  • As previously reported in Community Developments, SNAP’s 47.6 million participants will receive a mandatory cut in food benefits starting today. These cuts come at a time when Americans are still recovering from the recent recession and SNAP rates are at an all-time high. With the expiration of the temporary program boost from the 2009 Recovery Act, benefits to families like Annie Crist and her two daughters in New York will be cut by roughly five percent – leaving fewer funds for pricier items like fresh fruits and vegetables. (Bloomberg, November 1) Program participation in the District of Columbia has increased by 61 percent since 2007 and by 183 percent in the surrounding suburbs. (Washington Post, October 31)

  • A recent survey by Fannie Mae finds that the majority of delinquent borrowers still believe homeownership to be a worthwhile investment, despite increased demand for rentals. Fannie Mae reports that delinquent borrowers’ perception of homeownership has become much more positive in the last year. (Housing Wire, October 31)

 

Interested in receiving Community Developments as a daily e-mail? Sign up here

For the latest housing and community development news and notes, follow the Enterprise policy team on Twitter: @E_Housing Policy and subscribe to the Capitol Express Newsletter.

October 29, 2013

Community Developments - October 29, 2013

A daily roundup of news impacting housing and Community-Developments-blog communities

By Allison Charette, Research Analyst

 

  • The Department of Housing and Urban Development (HUD) has announced the allocation of $5 billion in second-round Community Development Block Grant (CDBG) funds for Hurricane Sandy relief. The funds will be used in five states and New York City to meet housing, economic development and infrastructure needs. (HUD, October 28)

  • According to the National Association of Realtors, the index of pending home sales fell 5.6 percent in September – its steepest drop in three years. As mortgage rates increase and potential sellers wait for higher home prices, fewer and fewer Americans are buying previously-owned homes. (Bloomberg, October 28) While the latest Case-Shiller index finds home prices to have increased by their largest annual rate in August (12.8 percent), there is evidence of a slowdown in recent months.  The Case-Shiller index is based on the home prices of the country’s 20 largest metropolitan areas. (LA Times, October 29)

  • The Federal Housing Finance Agency (FHFA) has released its 2013 Mortgage Market Note. This publication reports on the trends of first-time homebuyers from a historical perspective and discusses changes to their loan characteristics since the mid-1990s. The Mortgage Market Note uses data from the National Association of Realtors as well as the US Census Bureau. (FHFA, October 28)

  • As previously reported in Community Developments, all SNAP (food stamp) participants will experience benefit cuts at the end of this week. According to an analysis by the Center on Budget and Policy Priorities (CBPP), as many as 900,000 of the 48 million SNAP recipients are veterans – all of whom will be impacted by the mandatory cut. Lower-income veterans and the millions of additional qualified participants could experience even deeper benefit cuts with the Farm Bill’s renewal currently under discussion in Congress. (CBPP, October 28)

 

Interested in receiving Community Developments as a daily e-mail? Sign up here

For the latest housing and community development news and notes, follow the Enterprise policy team on Twitter: @E_Housing Policy and subscribe to the Capitol Express Newsletter.

Sandy Updates: "For a Resilient Rockaway" Winner; Disaster Preparedness Learning Collaborative

 

FarRoc-01b-cropped-in

One year ago, Hurricane Sandy left behind major devastation in the low-lying areas around New York City and along the Eastern Seaboard. In response, Enterprise launched the Hurricane Sandy Recovery and Rebuilding Program, a three-year effort to upgrade the New York region’s affordable housing to provide safe shelter during weather-related crises, strengthen the crisis-preparedness of the organizations that steward these vital resources, and support resilience in highly vulnerable, low-income neighborhoods.

Under this initiative, Enterprise sponsored the "For a Resilient Rockaway" (FAR ROC) design competition.  Entrants used the 80+ acre Arverne East site in the Rockaways as a template to identify and explore best practices in resilient waterfront development for the 21st century and beyond. Co-sponsored by L+M Development Partners, The Bluestone Organization, Triangle Equities, NYC Department of Housing Preservation and Development and the New York chapter of the American Institute of Architects, the two-phase competition received over 120 applications from 70 countries.

Following a first-phase open call for design proposals, four finalists were selected by an independent jury and provided a stipend of $30,000 to further refine their design strategies. The winner, Swedish firm White Arkitekter, was announced October 23, taking top prize for its proposal Small Means and Great Ends. They received an additional cash prize of $30,000. New York-based firm Ennead Architects’ imaginative proposal F.R.E.D. was additionally recognized for Leading Innovation in Resilient Waterfront Design. 

Enterprise has also organized a learning collaborative for multifamily affordable housing operators to increase disaster preparedness. Made up of 12 local organizations overseeing nearly 300 buildings and 12,000 units, the learning collaborative is working with Enterprise to improve the resiliency of their affordable housing properties and safeguard them from future storms. This includes developing individual disaster preparedness and response plans, establishing a disaster response network, and addressing the physical vulnerabilities of the buildings in their portfolios. 

Learn more about our Learning Collaborative for Resilience.