Our friend Joseph Campagna is a real Thought Leader in the Developmentally Disabled Housing market. Here are his comments on this week's meeting at the New York Housing Conference:
"The objective of HUD’s proposal is to give voucher holders more access to “high opportunity” neighborhoods by increasing the subsidy in those neighborhoods which generally have higher rents but decreasing the rents in remaining neighborhoods. The impetus of the proposal is from a small experiment done in the Bronx in the 1990s and a more recent change in Dallas whereby families relocating to higher opportunity neighborhoods had much better social and economic outcomes.
All things being equal, I don’t think anyone would dispute those general findings. However, in a low vacancy market such as NYC, the panel participants were concerned that it would just shift more cost burden to voucher holders with no real opportunities to find housing in the “high opportunity neighborhoods.” Not all metro areas will be subject to the proposal. However, NYC is listed to be affected.
For the I/DD population, the OPWDD subsidy is tied to HUD Fair Market Rates (FMR). Any reduction in FMR is a step backwards for an already insufficient subsidy amount. This is even more significant since most new affordable housing is NOT in the “high opportunity neighborhoods,” (Manhattan) but places in the Bronx and Brooklyn.
The public comment period is until 8/15/16. Below is a more detailed explanation of the issue and a response position to the proposal. If you agree, we encourage you to endorse it here at New York Housing Conference."
Special Needs Housing Consultant