Posted on December 6, 2016 by Jolie Milstein and Rachel Fee in Crain's Crain's , By Jolie Milstein and Rachel Fee New Yorkers are at risk of losing thousands of new, affordable housing units if state officials fail to provide $2 billion in housing funds that have been languishing since the state budget was passed on April 1. This $2 billion, promised in a memorandum of understanding, or MOU, represents an unfulfilled piece of Gov. Andrew Cuomo’s historic commitment to creating and preserving quality homes for low- and middle-income families all across the state. The problem is that, because of Albany gridlock, this funding has gone nowhere.
