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: Affordable Housing
Mayor Bill de Blasio Reports on Progress of Housing New York Plan
The Mayor’s Administration is ahead of schedule in achieving its goal to build 200,000 affordable homes in 10 years. On July 26, 2016, Mayor Bill de Blasio announced an update on the progress that has been made to achieve the goals set forth in his Housing New York plan, which seeks to build 200,000 affordable homes in 10 years. The Housing New York plan met the conclusion of its second fiscal year on June 30, … <Read More>
City Council Subcommittee Holds Hearing on Mayor’s Mandatory Inclusionary Housing Proposal
Hard-hitting questions from several Council members explored ways affordable housing could be provided at deeper levels of affordability. On February 9, 2016, the City Council Subcommittee on Zoning and Franchises held a public hearing on Mayor Bill de Blasio’s Mandatory Inclusionary Housing proposal. The hearing was held in the City Council Chambers in City Hall to accommodate the capacity audience.
Mandatory Inclusionary Housing Program Sent to Community Boards for Public Review
The program would be the strongest inclusionary housing requirement in the nation. On September 18, 2015, the City Planning Commission initiated public review of the Department of City Planning’s application for the Mandatory Inclusionary Housing program, which is one of the major programs to be implemented under Mayor Bill de Blasio’s Housing New York plan. The Mandatory Inclusionary Housing program would require, rather than incentivize, residential developers to reserve a portion of newly-created housing units … <Read More>
Center for NYC Neighborhoods Hosts Panel on Affordable Homeownership
The keynote panel focused on the issues and challenges raised by affordable housing creation and preservation in New York City. On September 30, 2015, the Center for NYC Neighborhoods held its conference on the Future of Affordable Homeownership in NYC. The event was hosted at New York Law School and sponsored by NYLS, JPMorgan Chase, Goldman Sachs, the Center for Real Estate Studies, the Center for New York City Law, and several other … <Read More>
Call for a Senior Housing Task Force
The shortage of affordable housing is felt in every corner of our City. Reasonably priced options are elusive– jeopardizing many residents’ personal security and eradicating diversity from our communities. Our rapidly growing population of elderly New Yorkers is especially vulnerable; seniors face unique challenges at a time when stability is paramount.