On December 29th, the Administration released its Housing New York: Final Report detailing the impressive work that went into creating a more equitable city through the creation and preservation of affordable housing over the past eight years under the Housing New York plan.
The initial Housing New York: A Five-Borough, Ten-Year Plan was unveiled in May 2014 with a goal of creating and preserving 200,000 high-quality, affordable homes over ten years. Building on this foundation, in November 2017 the Administration committed to an accelerated and expanded plan with the launch of Housing New York 2.0, which set forth a roadmap for how the city would help reach a new goal of 300,000 homes by 2026.
By the end of 2021, HPD and HDC have achieved the plan’s ten-year goal to create and preserve 200,000 affordable homes two years ahead of schedule. Thanks to the extensive collaboration of various City agencies, counterparts in State and Federal government, elected officials, and private and nonprofit partners across the affordable housing industry, we’ve ensured more equitable outcomes for New Yorkers and a more secure and affordable city for generations to come.
Read the Housing New York: Final Report.