If you have questions about the Collaborative, please email us atHCRC@urban.org. As evidence develops, the Minneapolis Fed will continue to monitor the particular impacts of price controls on markets, landlords, and tenants. The study only observed ZIP Codes that were scheduled to receive UAC by 2022 (before the City expanded UAC citywide in 2021) in order to control for trends and the availability of tenant services. Such price-control exemptions are crafted in response to concerns about how rent regulations influence a rental market. Sophie House's Instagram, Twitter & Facebook on IDCrawl The National Council of State Housing Agencies (NCSHA) is a nonprofit, nonpartisan organization created to advance, through advocacy and education, the efforts of the nations state housing finance agencies and their partners to provide affordable housing to those who need it. The Geography of Renter Financial . There are several variants of vacancy decontrol. On the other hand, the researchers also pointed out that low-income renters would have difficulty moving into the city. #2 of 8 hotels in Gunzenhausen. Keynote speaker: Ed Goetz, Director, Center for Urban and Regional Affairs, University of Minnesota 7/30/2022 12:17 AM. The Council of Large Public Housing Authorities (CLHPA) works to preserve and improve public and affordable housing through advocacy, research, policy analysis, and public education. in Environmental Studies from Ithaca College and MPP and MURP degrees from the University of Michigan. Tom received his PhD in Applied Economics at the Wharton School and his B.A. Where rent regulation is possible, two states, four counties, and more than 160 municipalities regulate rents within their boundaries. Donna Borak is Director of External Affairs of the NYU Furman Center and Adjunct Professor of NYUs Arthur L. Carter Journalism Institute. in Economics from Smith College and a M.S. Many tenants are going to be hesitant to bring up concerns in their units for fear of eviction, particularly tenants who are undocumented or tenants of color, said the Urban Institutes Christina Stacy. Sophie house. He said about two-thirds of the money for a multifamily project typically comes from a more cautious lender like a bank. Claudia holds a Masters degree in City and Regional Planning from the University of Pennsylvania and Bachelors degrees in Urban and Environmental Planning and French from the University of Virginia. from New York Universitywith an Individualized Major in History and Place through a Black Feminist Lens, and a Minor in Spanish. Renting a home is now less affordable than it was at the turn of the century, particularly for low-income renters. There were two chairs and a wee table for relaxing. Lenders underwriting debt are most interested in the ability of a housing developments revenues to cover regular debt payments and operating costs. in Food Studies from New York University. We serve the public by pursuing a growing economy and stable financial system that work for all of us. We explore policy topics that are important for advancing prosperity across our region. In 2014, Donna was awarded a prestigious year-long John S. Knight Journalism Fellowship at Stanford University, where she did research on the attention economy and built a conceptual prototype of an AI news assistant. All Stories by Sophie House - The Atlantic The early implementation of UAC showed an increase in legal representation that was higher than the city-wide increase in 2016. She holds a B.A. Sign up for our newsletter to stay up-to-date on the Housing Crisis Research Collaborative work. Newson has complained to management about mice and mold in her home. Jenny Schuetz, Senior Fellow, Brookings Metro, Brookings Institution, Presented by the Federal Reserve Bank of Minneapolis and Urban Land Institute Minnesota. in Economics at Northwestern University. Established in 1995, it is a joint center of the New York University School of Law and the Robert F. Wagner Graduate School of Public Service. In some cases, an existing department may manage rent regulations. Do Lawyers Matter? Early Evidence on Eviction Patterns - Furman Center Prior to joining the Lab, she was a Principal Research Associate at the Urban Institute. He is an empirical microeconomistwith research interests in public and urban economics. Housing Policy Needs Abolition Too Policy Krystle Okafor and Sophie House - January 14, 2021 7 "Sophie House" profiles | LinkedIn . Before joining Open Society Foundations, he served as part of the Obama Administrations presidential transition team for the Department of Housing and Urban Development, and served as senior advisor to HUD Secretary Shaun Donovan. On the other hand, opponents of decontrol policies argue that such rules incentivize landlords to push tenants out of their homes in order to charge higher rents to new occupants. Expanding rent regulation or, alternatively, means-testing rent-regulated housing both raise serious concerns. in Economics and Urban Planning from Tufts University and a B.A. The NYU Furman Center for Real Estate and Urban Policy advances research and debate on housing, neighborhoods, and urban policy. Toggle Region & Community Topics Accordion. Sophie House is a Legal Fellow at New York University based in New York City, New York. Email. Her reporting has taken her around the world, covering the collapse of global trade talks in Hong Kong to the annual International Monetary Fund meeting in Bali, Indonesia to the G20 Finance Ministers meeting in Buenos Aires, Argentina. For example, if the process for having capital improvements approved is onerous or time-consuming, landlords may delay or avoid repairs to rental units. The National Low Income Housing Coalition (NLIHC) is a national advocacy, policy, and research organization whose mission is to achieve socially just public policy that ensures people with the lowest incomes in the United States have affordable and decent homes. Policymakers instead exempt units based on a buildings age, size, or ownership. We need to think about them in context.. Sophie House's Phone Number and Email. Its difficult to produce robust studies of rent regulation, said the Furman Centers Sophie House. Ken, a noted policy maker, fair housing expert, and civil rights attorney, has devoted his career to justice and equality issues. As several experts told us during our sessions, this variation complicates efforts to evaluate rent regulation policies and arrive at generalizable findings. If a project cant demonstrate [a rate of return] they would prefer, they can invest their money in more safe things.. She earned her Masters degree from the Harvard University School of Public Health. Prior to joining the NYU Furman Center, Ken served as the Director of U.S. Programs for the Open Society Foundations, where he oversaw the annual dissemination of over $100 million in grants to organizations focused on equality, fairness, and justice. National Association of Counties (NACo) is the only national network of counties in the US, serving nearly 40,000 county elected officials and 3.6 million county employees. She holds a Master of Urban Planning from NYU Wagner and a Master of Science in Applied Urban Science and Informatics from NYU Tandon, and was part of the Furman data team during her graduate school studies. These policy choices may influence how price controls impact a rental market. In cities with just-cause evictions, for example, tenants with low incomes were less likely to move. Parkhotel Altmuhltal. There may also be a measurement issue here. Panelists will then join our keynote speaker for a moderated conversation about what economic research reveals about how different design features of rent-stabilization policies impact renters and rental-housing markets. St. Pauls electorate was the first to do so, in November 2021, and the approved policy took effect in May 2022. She has served as a consultant in multiple municipal housing planning processes, including in Philadelphia and Cleveland. These researchers found that the policy change didnt necessarily impact new construction, but did reduce the overall supply of rental housing. Matt Brown, an attorney for the Berkeley Rent Stabilization Board, argued that elected boards are more likely to pursue strong protections for tenants. Just-cause eviction laws limit the reasons landlords may evict a tenant, typically allowing for evictions only in cases of non-payment of rent or other lease violations. Read More. Writing and Media Sophie House Ryan is interested in using data to improve urban infrastructure and policy for sustainable development. degree in Cognitive Science and Philosophy from Lehigh University. Housing Policy Needs Abolition Too Shelterforce We need to think about them in context. Her primary interests include innovative approaches to housing and land use policy and the role of community-based research in informing public decision making. Our four-part seriesoffered engaging conversations around the most pressing questions for policymakers thinking about, implementing, or reconsidering rent regulation as an approach to support low- or moderate-income renters. The authors of the San Francisco study also considered the effects the policy change had on renters. About - State of the City 2019 - NYU Furman Center Wilkersons team at ECONorthwest looked at hypothetical housing development proposals to estimate which features of a rent control policy would have the largest implications for a projects value in Californias San Francisco Bay area. in Public Policy Analysis. In the first method, researchers look at how housing developments are typically financed. However, Hwangs work also suggests that the strength of a jurisdictions overall tenant protections matters for tenant stability. Sophie House, Director of Law and Policy, Housing Solutions Lab, Furman Center, New York University, Moderated conversation Tenant representation concerns stretch at least as far back as the 1980s, though they have grown recently as incomes failed to keep up with rent increases. Other jurisdictions rely on appropriations from a city council or draw on funds from federal block grants. Targeting subsidies to low-income tenants ties assistance to people instead of housing units, while anti-gouging caps prevent landlords from raising rent and inadvertently, subsidy costs. Senior Policy Analyst, Community Development and Engagement. Through graduate and executive courses, as well as fellowships and internship opportunities, the center also trains and inspires the next generation of housing leaders. Abolitionas a mode of mobilization and social change directed at the criminal legal system and elsewhereremains widely misunderstood. He is an applied microeconomist with research interests in urban and labor economics. Bethany is interested in food policy issues and their intersections with sustainability and urban planning. COVID-19 will hurt the low-income and housing insecure the most. in Conservation Biology from Colorado State University, J.D. Ben Horowitz writes about policies and programs impacting affordable housing, early childhood development, and investments in low- and moderate-income communities. Learning from Emergency Rental Assistance Programs Lessons from Fifteen Case Studies, Where to Prioritize Emergency Rental Assistance to Keep Renters in Their Homes, Where Low-Income Jobs Are Being Lost to COVID-19. Prior to that, she worked as a project manager and case manager for a community-based organization in the Bronx, where her work focused on eviction prevention, homelessness, and healthcare. In a typical year in Portland, he said, fewer than 5 percent of rental units would see an increase in their rent by 10 percent or more. He lives in Brooklyn with his loving wife and son. Donald H. Layton is a Senior Visiting Fellow from Practice. in Career and Technical Education from the University of Central Florida. For example, in Berkeley, California, the cap is set at 65 percent of the CPI. In most policies, a vacancy creates an opportunity for landlords to charge a new tenant more than they wouldve been allowed to charge the prior tenant. Rent Stabilization: Policy Choices and Impacts In Oregon, new units are exempt from price controls for 15 years. Without a reasonable rate of return allowance, rent regulations could be construed as an illegal taking of property. That is, regulations that dont allow such a rate of return would inhibit landlords use of their property enough that a court could overturn the regulations. When The Home Is The Hazard: Pandemic Responses Must Address Housing Conditions COVID-19 Homelessness Response Must Include Hygiene Resources Most Popular The Grassroots Movement That Built Puerto Rico's First Community-Owned Microgrid Ingrid Gould Ellen is the Paulette Goddard Professor of Urban Policy and Planning at NYUs Robert F. Wagner Graduate School of Public Service and FacultyDirector of the NYU Furman Center. For this to occur, the value of a building and the land underneath it need to appreciate over time. Their investments are based on an expectation that their stake in a project can be sold for a profit. Some opponents of rent regulation argue that this means a market with price controls only supports lower-quality housing. Mergers & Acquisitions (Regulatory Applications), Paycheck Protection Program Liquidity Facility, looked at a 1994 update to rental regulations in San Francisco, Rent regulation policies vary in rules, coverage, administration, Policies often benefit current renters but can impair rental housing supply, Conducting robust studies of rent regulations impact is challenging. In a special issue of Housing Policy Debate on evictions, Ingrid Gould Ellen, Katherine ORegan, Sophie House, and Ryan Brenner analyze early findings from the NYC Universal Access to Counsel program (UAC). Claudia holds a B.A. If administered within a department, he said, rent regulation work may be less visible, subject to competition for resources, and more vulnerable to conflicting policies developed by other departments. His research interests are within human services programming and poverty alleviation policy. During our series, Jackelyn Hwang, a Stanford professor, shared her own research comparing rent regulations in the San Francisco Bay Area. Her recent research includes work on a wide variety of affordable housing topics, from whether the Low Income Tax Credit contributes to increased economic and racial segregation, to whether the presence of housing voucher households contributes to neighborhood crime. We provide the banking community with timely information and useful guidance. The increased administrative costs and landlords hesitance to rent to voucher holders are potential obstacles to a voucher-based system. Sophie House, the Jonathan Mechanic/Fried, Frank, Shriver & Jacobson Fellow at the NYU Furman Center, closed the day's conversations. Housing Partnership Network (HPN) is a national network of 100 top-performing, nonprofit housing developers, owners, and financial institutions. Miriam Axel-Lute, Shelterforce Before UC Berkeley, he obtained his B.A. Regardless of the entity managing a rent regulation regime, part of the regimes efficacy will be determined by tenants knowledge of its features. Policymakers could impose stricter limits on landlords abilities to increase rents across more of the housing stock, but these strict regulations are likely to have similarly undesirable market consequences. What do we know about their effects on rental markets, tenants, and property owners? With decontrol in place, landlords may prefer short-term tenants such as students. Nikki graduated from the University of Connecticut in 2020 with a BA in Economics. Sophie House is a legal fellow at NYU's Furman Center for Real Estate and Urban Policy, where her research spans issues of homelessness, housing instability, and fair housing. No. David Garcia, policy director at the Terner Center for Housing Innovation at the University of California, Berkeley, explained that there are two large categories of real estate financiers. Rental regulations dont operate in a vacuum and are not the only policy pursued by local jurisdictions that can help or harmhousing stability for renters. Engage via Email. GetShelterforce Weekly delivered to your inbox every week. Policy Housing Policy Needs Abolition Too Abolitionas a mode of mobilization and social change directed at the criminal legal system and elsewhereremains widely misunderstood. Housing Policy Must Change in Wake of COVID-19 - Shelterforce 117 reviews. She clerked for Judge Edward Weinfeld of the Southern District of New York and for Justice Harry Blackmun of the Supreme Court of the United States. Findings and Lessons from Two National Surveys of Landlords. in Public Policy from NYU Wagner. Conversations about rent stabilization have become more common during this period when rents are increasing and federal aid to help people afford rental housing is decreasing. View Sophie House's profile on LinkedIn, the world's largest professional community. PDF Under One Roof: Building an Abolitionist Approach to Housing Justice Tianfang (Tom) Cui is a Postdoctoral fellow at the Furman Center, whose research covers topics in public andurbaneconomics. edu) is a legal fellow at the Furman Center at New York University, and Krystle Okafor (kno235@nyu.edu) is a second year student at the NYU School of Law. The Harvard Joint Center for Housing Studies advances understanding of housing issues and informs policy. Claudia Aiken is the Director of New Research Partnerships at the NYU Furman Center and Housing Solutions Lab. Thats because the policys negative impact on the number of rental units raised prices. While rent stabilization may be effective in keeping people in place, it has to be paired with something that ensures people [have] places to go.. Alisa Hartwell is the Data and Research Analyst at the Housing Solutions Lab. A well-designed [rent regulation] policy may not discourage units from being added, but it does not add units.. Matthew Murphy is the Executive Director of the NYU Furman Center. NLC represents more than 200 million people and works to strengthen local leadership, influence federal policy, and drive innovative solutions. Before his stint in academia, Layton was the CEO of Freddie Mac from May 2012 until June 2019, where he championed the development of Credit Risk Transfers, one of the most significant reforms to the housing finance system in decades. Over her career, she has covered the 2008 financial crisis and housing finance reform, the Federal Reserve and Treasury Department, and economic and tax policy for the countrys biggest news outlets, includingBloomberg Tax, The Wall Street Journal, CNN, The American Banker, andThe Associated Press. That means only about a quarter of that citys occupied rental units are covered. She earned her B.S. All content 2005 2023 Furman Center for Real Estate and Urban Policy | Top of page | Contact Us, The Dream Revisited: Contemporary Debates About Housing, Segregation, and Opportunity, Manufactured Housing Is a Good Source of Unsubsidized Affordable Housing - Except When Its Not: High-Level and Specific Policy Recommendations (Part 3), Changing Narratives and Engaging Communities Toward Better Policy: New York Citys Low-Density Neighborhoods Event Recap, Government Mortgage Interest Rates: A Serious Discussion about the Intertwined Topics of Risk Adjustment and Cross-subsidies, NYU Furman Center Releases State of New York Citys Housing and Neighborhoods in 2022, The Weakness of Neighborhood Revitalization Planning in the Low-Income Housing Tax Credit Program: Warnings from Connecticut. Shane Phillips, the housing initiative project manager at UCLAs Lewis Center for Regional Policy Studies, offered a metaphor in line with much of the conversation during our series. And the answer was: it depends on the market conditions.. Most stateshave laws that either prohibit localities from passing rent regulations or require local rent regulation ordinances to be approved by state legislators. She is responsible for the Banks efforts to promote the economic resilience and mobility of low- to moderate-income individuals and communities across the Ninth Federal Reserve District. The headline price control number within rent regulations doesnt typically match the maximum rent increase allowed. The National League of Cities (NLC) is the oldest and largest organization serving as the voice of Americas cities, towns, and villages. Urban Land Institute Minnesota and the Federal Reserve Bank of Minneapolis are partnering with experts from across the housing sector to present a four-part, virtual event series featuring research-based, evidence-driven conversation on rent regulation. Martha Galvez is the Executive Director of the Housing Solutions Lab. Justin Campos is a Predoctoral Research Fellow at the NYU Furman Center and Housing Solutions Lab. The Federal Reserve Bank of Minneapolis presented the events in partnership with Urban Land Institute Minnesota to respond to a growing interest in rent regulation policies within the Ninth Federal Reserve District and across the nation. Spauster received his Master's in Urban Planning from NYU Wagner in 2023 where he was a Georgina and Charlotte Bloomberg Public Service Fellow. Jiaqi Dong is the Data Manager at the NYU Furman Center. Or, as in Oregon, disputes about rent regulations between a tenant and a landlord may wind up in civil court. She attended Harvard University, where she received a Bachelors degree in Applied Mathematics, an M.P.P., and a Ph.D. in Public Policy. We examine economic issues that deeply affect our communities. Through its research, education, and public outreach programs, the center helps leaders in government, business, and the civic sectors make decisions that effectively address the needs of cities and communities. Furthermore, although lawyers can help tenants navigate many of the procedural challenges of eviction proceedings, legal services alone may not be sufficient to help tenants who need social services or cannot afford their rent. Her research spans issues relating to housing instability and homelessness. Mergers & Acquisitions (Regulatory Applications), Paycheck Protection Program Liquidity Facility, Understanding the Rental-Market Impacts of Rent Stabilization Policy Choices, Lessons Learned from Implementing Rent Stabilization Policies, Local Approaches to Advance Tenant Stability. In the study, landlords of rent-regulated units were more likely to remove them from the regulated rental market altogether. "Sophie House, legal fellow at the NYU - NYU Furman Center | Facebook But doctors also recognize that painkillers have their own risks and harm . Laboratories of Regulation: Understanding the Diversity of Rent Regulation Laws, What We Have in Common: A Qualitative Analysis of Shared Experience in Peer-Delivered Services, Why The U.S. Should Give Pay Toilets Another Chance, Tailoring Regimes for a Designer Drug: Developing Civil Liability for Retailers of Synthetic Marijuana. Her research interests are neighborhood change, using data and technology to build more equitable communities and food. He is an applied microeconomist with research interests in urban and labor economics. She got bachelor's degree from NYU Shanghai, with double major in Business and Finance and Interactive Media Arts. Mike Wilkerson, a presenter at our second event and a senior economist with the ECONorthwest consulting firm, found similar variations in rental units in Portland and Seattle. Bethany ONeill is the Director of Operations and Finance at the NYU Furman Center. Her research interests include urban economics and housing policy with a particular focus on issues of housing stability, rent burden, eviction, and homelessness. Subsidies could also be provided directly to landlords through a model similar to the existing Housing Choice Voucher (HCV) program. and M.A. She holds a J.D. Mark Willis is the SeniorPolicy Fellow at the NYU Furman Center, conducting research, writing, and speaking on such urban-related policy issues as affordable housing, housing finance reform, community development lending and investment, and the Community Reinvestment Act. St. Paul is the first jurisdiction in the nation to cover every residential rental unit within its boundaries. She received her B.A. 2 night stay for business, the room was very big, with ample hanging space for clothes, a dedicated shelf for your suitcase, a shoe mat and a large double bed. Hector Blanco is a postdoctoral research scholar at the NYU Furman Center. Become a sustaining member and receive a copy of Leah Rothstein and Richard Rothstein's book, Just Action.. Ken graduated magna cum laude with a B.A. About Conference Agenda Keynote Presenters Speakers Sponsors About Connecticut's Affordable Housing Conference: Road to Recovery Partnership for Strong Communities (PSC) hosted Connecticut's second annual Affordable Housing Conference (CAHC) virtually across November 15, 16 and 17, 2021. She previously worked as a research associate and graduate student researcher at the Terner Center for Housing Innovation at UC Berkeley. Sophie House Vicki is a 1983 graduate of New York University School of Law, where she was a Root-Tilden Scholar. Sophie House, Author at Shelterforce These results suggest that rent regulation provided stability for the tenants least likely to be displaced, a result inconsistent with the policy rationale behind the expansion. Zum Schiewasen 15, 91710 Gunzenhausen, Bavaria Germany. The NYU Furman Center for Real Estate and Urban Policy advances research and debate on housing, neighborhoods, and urban policy. Whats being built, where, and by whom? Instead, in considering how rent regulation can better meet its aims, this brief suggests that pairing broad-based anti-gouging rent regulation systems with narrow, targeted subsidies as a long-term mechanism for increased housing affordability and stability for low-income renters. Our experts argued that rent regulation should be simple and understandable for the folks it is designed to protect, as Sybil Hebb of the Oregon Law Center put it.
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