It is critical we address this crisis, as New York is aging rapidly and research shows that the majority of older adults would prefer the opportunity age in their community, surrounded by the networks of support built over a lifetime. Moreover, we’re all aging, and we all have a stake in ensuring there are affordable options to call home throughout the lifecourse.
Testimony on the Mayor's New Housing Plan
Testimony to New York City Council on Housing and Buildings Preliminary Budget
Today, more than half of older renters are rent-burdened, as are a third of older homeowners. Further, roughly 2,000 older New Yorkers are living in homeless shelters, a number that is expected to triple by 2030 without significant intervention. LiveOn NY’s own research has found that there are more than 200,000 older adults languishing on waiting lists for affordable housing through the HUD 202 program, each waiting for 7-10 years on average for a unit to become available. This challenge is mirrored by the thousands of applications that come flooding in each and every time a new affordable senior housing lottery opens on Housing Connect.
LiveOn NY Joins Call for State 5-Year Capital Investment in Affordable Housing
Led by the New York Housing Conference, LiveOn NY joined a coalition of 16 organizations to craft our newly released report calling on New York State to make a new, expanded 5-year capital plan and investment.
Recommendations in the report are centered around a call for a new, five-year $6 Billion Affordable Housing Plan and continued reoccurring program spending, totaling $1 billion over the next five years.
LiveOn NY Testifies at City Council Aging Hearing on Senior Residences and Communities During the Pandemic
Many older New York rely on affordable senior housing with services to comfortably age in place. The need for affordable senior housing with services continues to rise with many older New Yorkers living on fixed incomes that cannot keep up with rising rent cost; experiencing mobility challenges that limit housing options within an aging rental-stock. In 2016, LiveOn NY found that an estimated 200,000 older adults were on waiting lists for housing through the HUD202 program in New York City.