De Blassio Housing Plan

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De Blassio Housing Plan 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

As de Blasio pushed his affordable housing plan the New York City Housing Authority NYCHA and the city s vulnerable homeless population became an afterthought in the city s goals according to the report During de Blasio s term NYCHA s capital backlog increased by a startling 471 percent from 7 billion to 40 billion due New York Mayor Bill de Blasio has addressed the crisis of affordability by implementing a five borough ten year plan that will build and preserve 200 000 affordable units over the coming

De Blassio Housing Plan

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De Blassio Housing Plan
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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 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

Recent History of City Backed Housing Plans When Mayor Koch introduced the historic Ten Year Housing Plan in 1986 he created the modern era of city backed development with the largest affordable housing plan to date that relied primarily on municipally established programs and policies 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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New York City will commit 8 2 billion in public funds to a 10 year housing plan while providing affordable homes to thousands of low to middle income residents Mayor Bill de Blasio announced The 12 year housing plan which has benefited from a booming city economy was going so well de Blasio decided in 2017 to roughly double its capital budget to 16 9 billion and expand the goal

W hen Mayor Bill de Blasio took office in 2014 he pitched a plan to rezone 15 neighborhoods and build 200 000 affordable apartments as a solution to New York City s multi decade housing crisis Six years into his tenure the city has hit major roadblocks to passing new rezonings and implementing mandatory inclusionary housing MIH which were supposed to be two of the mayor s banner The de Blasio housing plan provides 40 000 apartments to this income group The poorest households are classified as extremely low income and very low income in the affordable housing

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Mayor de Blasio Unveils Housing New York Five Borough 10 Year

https://www.nyc.gov/office-of-the-mayor/news/199-14/mayor-de-blasio-housing-new-york--five-borough-10-year-housing-plan-protect-and
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

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De Blasio Housing Plan Created More Affordable Units But Left Out City

https://citylimits.org/2021/02/05/de-blasio-housing-plan-created-more-affordable-units-but-left-out-citys-most-vulnerable-report/
As de Blasio pushed his affordable housing plan the New York City Housing Authority NYCHA and the city s vulnerable homeless population became an afterthought in the city s goals according to the report During de Blasio s term NYCHA s capital backlog increased by a startling 471 percent from 7 billion to 40 billion due


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De Blassio Housing Plan - De Blasio wants to fool the public into believing that his plan for rezoning SoHo NoHo Chinatown will diversify incomes and increase affordability in those neighborhoods The opposite will in fact be true his plan will likely reduce the existing affordable housing stock and produce very little new affordable housing