City pushes forward on its goal to create 300,000 affordable homes and produces a record number of affordable units for homeless, seniors, and those in need of supportive services. On July 30, 2019, the Office of the Mayor announced that the City has financed 25,299 affordable homes for 2019. The Mayor plans to finance 300,000 affordable homes through the Housing New York plan by 2026.
Search Results for: Brooklyn, Queens, and the Bronx
Mayor de Blasio Announces Citi Bike Expansion Throughout All Boroughs
The Citi Bike expansion will double the current service area by 35 square miles and triple the number of bikes to 40,000. On July 16, 2019, the de Blasio Administration announced Citi Bike’s expansion. Last November, Lyft entered into an agreement with the City to invest $100 million in Citi Bike, which will double the size of Citi Bike’s service area and triple the number of bikes in the program. The expansion will take … <Read More>
Mayor de Blasio Delivers State of the City Address
Affordable housing issues, including rent-regulation, mandatory inclusionary zoning, and more were highlighted in the speech. On February 3, 2015 Mayor Bill de Blasio delivered his second State Of The City address from Baruch College. The Mayor spoke at length about the affordable housing crisis facing New York City and the programs his administration has begun or will propose to address the problem.