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June 24, 2023
City Can No Longer Afford Life-Long Subsidies for Lucky NYCHA Tenants
If the definition of insanity involves doing the same thing repeatedly and hoping for a different result, maybe the long-troubled New York City Housing Authority, the nation’s largest, isn’t entirely insane after all. Rather than pouring yet more money into repairs of the crumbling Fulton and Elliot-Chelsea Houses, among the nation’s oldest public-housing projects, NYCHA…
June 14, 2023
Housing in America: A Profectus Roundtable
As economic dynamism in America continues to shift the geography of economic opportunity, housing has become a top concern for a growing number of Americans. It’s clear that some areas are struggling to maintain or build enough housing to meet demand. With costs rising and preferences changing, we asked a group of experts for their…
May 23, 2023
Public Housing Should Have Work Rules, Too
Thanks to the debt-ceiling showdown, Republicans appear to have a fighting chance to add a work requirement for those receiving SNAP (food stamp) and Medicaid benefits. They should also turn their attention to another major federal program that fosters dependency and discourages work: housing assistance. Local experiments across the country suggest that requiring those in…
May 1, 2023
Here’s How Hochul Can Salvage Her Goal of More Affordable Housing in NY
Notably missing from the budget the Legislature is passing is a proposal Gov. Kathy Hochul had marked as a top priority: spurring cities and towns to build 800,000 new housing units. It wasn’t fundamentally a bad idea. You don’t have to be an economist to know that if housing prices are too damn high, increasing the…