n May 14, One City / One Future, a collaboration led by the National Employment Law Project, New York Jobs withJustice, and the Pratt Center for Community Development, held aforum to present and discuss their “Blueprint for EconomicDevelopment.” Over 300 people attended the day long forumwhere the focus was how the city can make economicdevelopment work for all New Yorkers.The Blueprint lays out fifty-four recommendations for how NewYork City can raise standards for public spending, make strategicinvestments for shared growth, and reform planning anddevelopment processes so that more New Yorkers will have achance to get ahead as the city recovers. Many of the Blueprint’srecommendations are meant to address the availability andlivability of affordable housing.One of the key recommendations for how the city and state can “Invest for Shared Growth” is to promote permanently affordable housing, an idea that is at the heart of ANHD’s 2009 policy platform. In fact, ANHDwas asked to plan a panel discussion on permanent affordability as part of the forum. Panel participantsincluded Martin Dunn, President, Dunn Development Corporation; Dave Hanzel, ANHD’s Policy Director;Holly Leicht, Deputy Commissioner, NYC Department of Housing Preservation and Development, and LauraTavormina, Deputy Director, West Side Federation for Senior and Supportive Housing. The panel wasmoderated by Mariadele Priest, a Vice President at Capital One Bank.Much of the panel discussion focused on ANHD’s recent “Road Map to Permanent Affordability” report,which presents Purchase Options and Rights of First Refusals along with robust asset management andrigorous compliance as viable, cost effective tools to achieve permanent affordability. Deputy Commissioner Leicht agreed that a strong asset management system is crucial and pointed to numerous steps HPD is takingto build its asset management infrastructure. Martin Dunn, one of the city’s most prominent for-profitdevelopers of affordable housing, detailed some of the Inclusionary Housing projects he has built that include permanence and talked about the incentives developers would need to participatein a new program, as well asthe resources that government would have to pledge such as extending tax abatements and rental subsidies.
...of Housing and Community News...
May 22, 2009Volume XXXIV Issue 11
Community Organizing: Not SoRadical Anymore
See page 8.
Contents:Resources and Notices . . .4Calendar of Events . . . . . .5 Job Listings . . . . . . . . . . 9
This newsletteris made possible through the generous support of Bank of America, Capital One N.A., Citibank M&TBank, and Ridgewood Savings Bank.
One City / One Future Releases“Blueprint for Economic Development”