December 18, 2023
Progressives have long claimed that the only problem with New York’s largest collection of slum housing—our public housing projects—has been a lack of federal funding. Former mayor Bill de Blasio liked to blame the decline of what was once the nation’s best-managed public-housing system on someone who left office in 1989: Ronald Reagan. Now, thanks…
December 11, 2023
The post-pandemic rise in rents has fueled the view that the private housing market inevitably fails those of modest means. The left-leaning Center for Budget Policies and Priorities summarizes the idea that the short-term spike in rents merely dramatizes that essential market failure. It asserts that the “rent burden among families with the lowest incomes is a…
November 27, 2023
Those who believe New York City not only needs more housing but more types of housing to serve its many types of households should be cheered by the Adams administration’s support for “granny flats.” These small “accessory dwelling units” built in backyards, converted basements or converted garages can help homeowners pay their mortgages and older adults…
November 13, 2023
Americans like to call ourselves the most generous nation on earth — but charitable giving is on the decline. In 2022, it fell 3.4% (10.5% when adjusted for inflation) to fall under $500 billion. It was only the fourth such decline in 40 years. What’s more, individual giving — distinguished from that of foundations and corporations…
November 9, 2023
Some will attribute Kristy Marmorato’s election as the first Republican to represent The Bronx in City Council in 40 years to selfish NIMBY-ism. And there is no doubt her opposition to two subsidized- (a k a “affordable-”) housing developments in the northeast Bronx (District 13) were a key factor in her defeating incumbent Democrat Marjorie Velazquez —…
October 12, 2023
The late New York senator Daniel Patrick Moynihan long complained — and commissioned data — about New York’s status as a “donor state,” for sending more in tax dollars to Washington than it received in return in the form of grants. This was always a misunderstanding of the virtues of the U.S. being a vast free-trade…
October 12, 2023
Abstract The federal government annually awards hundreds of billions of dollars in grants to states. In this report, I examine funding for the largest federal grant programs for 2020–22, focusing on grants-in-aid that do not fully adjust for population change. For states losing population, I calculate “avoided reductions,” the difference between the grants a state…