2003 Yellow Book | |||||
Backward | Forward | Cover | Overview | Agency Summaries | Agency Details |
Division of Housing and Community Renewal (Summary) View Details |
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Adjusted Appropriation 2002-03 |
Executive Request 2003-04 |
Change |
Percent Change |
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AGENCY SUMMARY | |||||
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General Fund | 93,909,735 | 75,081,000 | (18,828,735) | -20.0% | |
Special Revenue-Federal | 101,150,000 | 101,150,000 | 0 | 0.0% | |
Special Revenue-Other | 47,634,000 | 49,001,000 | 1,367,000 | 2.9% | |
Housing Program Fund | 74,200,000 | 74,200,000 | 0 | 0.0% | |
Fiduciary | 10,000,000 | 10,000,000 | 0 | 0.0% | |
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Total for AGENCY SUMMARY: | 326,893,735 | 309,432,000 | (17,461,735) | -5.3% |
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ALL FUNDS PERSONNEL BUDGETED FILL LEVELS |
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Fund |
Current 2002-03 |
Requested 2003-04 |
Change |
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General Fund: | 345 | 335 | (10) |
All Other Funds: | 605 | 600 | (5) |
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TOTAL: | 950 | 935 | (15) |
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Budget Highlights |
The Division of Housing and Community Renewal (DHCR) supervises, maintains and develops affordable housing for New York State residents. This is accomplished by providing construction and rehabilitation loans and grants, administering rent control, rent stabilization and rent subsidy programs and supervising management of State assisted housing stock. The Division is included in the Transportation, Economic Development, and Emvironmental Conservation appropriation bill. The Governor recommends an All Funds appropriation of $309,432,000, a decrease of $17,461,735 or 5.3 percent from State Fiscal Year (SFY) 2002-03. State Operations The Executive proposes an appropriation for State Operations of $85,478,000, a net decrease of $724,000 over current year levels. Adjustments include the following:
The Executive recommends an Aid to Localities appropriation of $149,754,000, a net decrease of $16,737,735 from SFY 2002-03. The Executive recommends the following decreases in the General Fund:
The Executive appropriates $58,000,000 in federal funds for the Small Cities Community Development Block Grant Program. The Executive fails to continue the Low Income Housing Tax Credit Program. Capital Projects The Executive recommends Capital Projects appropriations of $74,200,000, reflecting no change from SFY 2002-03. This includes:
Article VII The Executive proposes legislation to direct DHCR to terminate existing contracts and re-establish new funding and program standards for the Neighborhood and Rural Preservation Programs. The Executive proposes legislation to increase the Service Contract Obligation Revenue (SCOR) bond cap by $116,000,000 in order to provide the bonding authority necessary to reimburse housing programs. |
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