De Blassio Housing Plan Summary

De Blassio Housing Plan Summary December 22 2021 Administration sets record for affordable housing production and meets its 10 year goal in just eight years 500 000 New Yorkers served nearly half of whom earn less than 42 000 per year

As a key initiative of Mayor de Blasio s housing plan Housing New York the Department of City Planning is launching a Mandatory Inclusionary Housing program that will require through zoning actions a share of new housing to be permanently affordable Developed in close consultation with the Department of Housing Preservation and Development and informed by extensive policy and financial October 24 2017 City will boost production to 25 000 apartments annually administration sets new goal of 300 000 apartments by 2026 NEW YORK Mayor Bill de Blasio today announced that his administration is now on track to build and protect 200 000 affordable homes by 2022 two years ahead of schedule With the addition of new tools programs and funding the City will ramp up to securing

De Blassio Housing Plan Summary

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De Blassio Housing Plan Summary
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The mayor s housing plan Housing New York paints an imperfect portrait of the city s demographics and housing demands According to a 2019 analysis by the Association for Neighborhood and Housing Development Housing New York is developing at deep levels of affordability but not deep enough for New York s needs Mayor Bill de Blasio earned a late term legacy victory Tuesday when the City Council approved a rezoning of SoHo and NoHo that could reshape the pricey neighborhoods with an eye toward creating more affordable housing

De Blasio on Tuesday indicated that the revised income breakdown announced earlier this year would still apply That means 25 percent of the units created or preserved under the plan will go to families with very low or extremely low income 19 5 percent will be set aside for moderate and middle income households and 55 percent for low income The goal is to create 200 000 housing units over the next ten years in all five boroughs De Blasio wants 60 of the units to be preservations of existing buildings and 40 be new constructions The total cost of his plan will be 41 billion dollars The units will be built in areas that are considered low income neighborhoods

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Join Us Publications Report Jan 2021 Assessing de Blasio s Housing Legacy Why Hasn t the Most Ambitious Affordable Housing Program Produced a More Affordable City Non profit affordable housing developers have played a key role in New York City housing plans since the beginning of the modern city backed affordable housing model The role of for profit developers has grown over the years leaving community development practitioners to question whether affordable housing development has become overly reliant on for profit developers and whether the level

The 41 billion Housing New York A Five Borough Ten Year Plan is the most expansive and ambitious affordable housing agenda of its kind in the nation s history and Mayor de Blasio pledged it would reach New Yorkers ranging from those with very low incomes at the bottom of the economic ladder all the way to those in the middle class facing A new Community Service Society CSS report Assessing de Blasio s Housing Legacy analyzes the data on the administration s impact on housing across various issues and sectors including affordable and market rate development dynamics overall affordability land use homelessness and public housing preservation

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Mayor de Blasio Announces 200 000 Affordable Homes Built or Preserved

https://www.nyc.gov/office-of-the-mayor/news/853-21/mayor-de-blasio-200-000-affordable-homes-built-preserved-during-this-administration
December 22 2021 Administration sets record for affordable housing production and meets its 10 year goal in just eight years 500 000 New Yorkers served nearly half of whom earn less than 42 000 per year

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https://www.nyc.gov/site/planning/plans/mih/mandatory-inclusionary-housing.page
As a key initiative of Mayor de Blasio s housing plan Housing New York the Department of City Planning is launching a Mandatory Inclusionary Housing program that will require through zoning actions a share of new housing to be permanently affordable Developed in close consultation with the Department of Housing Preservation and Development and informed by extensive policy and financial


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De Blassio Housing Plan Summary - The mayor s housing plan Housing New York paints an imperfect portrait of the city s demographics and housing demands According to a 2019 analysis by the Association for Neighborhood and Housing Development Housing New York is developing at deep levels of affordability but not deep enough for New York s needs