The newly financed homes keep New York City on track to meet its goal to provide 300,000 affordable homes by 2026. On February 9, 2021, Mayor Bill de Blasio announced that the City financed the construction and preservation of 29,521 affordable homes in 2020. Fifty-seven percent of the affordable homes financed in 2020 will serve families of three that earn less than $52,000 per year. The city has financed over 177,000 homes through the Housing … <Read More>
Search Results for: Infrastructure
Mayor Announces Start of Environmental Justice Study
The process will be a comprehensive study of environmental justice issues with the goal of developing a citywide Environmental Justice Plan to combat the issues. On February 9, 2021, Mayor Bill de Blasio announced the launch of the Environmental Justice for All Report, a comprehensive study of environmental justice issues. The report will study and collect information from various communities on environmental justice issues and work to formulate a plan to end the burden of … <Read More>
Mayor Announces City Divestment from Fossil Fuel Companies
This divestment will address significant risks fossil fuel holdings pose to the environment and funds. On January 25, 2021, Mayor de Blasio, Comptroller Stringer, and trustees announced that they had voted to divest their portfolios from securities related to fossil fuel companies, in what is expected to be the largest divestment in the world.
Atlantic Shorefront Projects Will Strengthen Rockaway Peninsula
The project is expected to cost $366 million and will take four years to complete. On October 29, 2020, on the 8th Anniversary of Hurricane Sandy, Mayor Bill de Blasio, Governor Andrew M. Cuomo, and U.S. Army Corps of Engineers Colonel Matthew W. Luzzatto announced the Atlantic Shorefront Project. This project will protect communities and strengthen the shoreline along six miles of the Rockaway Peninsula. The Atlantic Shorefront component is the first of two U.S. … <Read More>
City Announces Completion on Two Brooklyn Major Protected Bike Lanes
The recently completed projects are part of an effort to add more protected bike lanes in Brooklyn by the end of the year. The protected bike lanes are part of the City’s Green Wave plan for cycling. On November 5, 2020 Mayor Bill de Blasio announced the completion of two protected bike lanes in Brooklyn. The new Flatbush Avenue and 4th Avenue protected bike lanes add 3.2 miles of protected lanes.
Major Bus and Bike Improvements Increase Mobility in the Bronx
The changes affect four bus lines connecting ten major subway lines in the Bronx and Manhattan. On October 9, 2020, Mayor de Blasio announced major bus and bike improvements in the Bronx furthering the Better Buses Restart plan and keeping the City on track with de Blasio’s recovery agenda.