Mayor Bill de Blasio announced the financing of 17,300 units of affordable housing. Image credit: Mayoral Photography Office
17,300 units of affordable housing were created or preserved in 2014. On January 15, 2015, Mayor Bill de Blasio held a press conference to announce the financing of over 17,300 units of affordable housing during 2014. These units, 11,185 preserved and 6,191 of new construction, were financed as a part of the Mayor’s Housing New York plan to preserve and build 200,000 units of affordable housing by the end of Fiscal Year 2024. According to Mayor de Blasio, these units will be enough to provide housing for 42,000 New Yorkers.
