Mayor Adams: Affordable housing to receive $2 billion investment
The announcement comes as the city continues to face a housing crisis.
•
Jul 2, 2024, 4:16 PM
•
Updated 2 days ago
Share:
More Stories
1:41
Patrick Bertoletti wins his first men’s title at annual Nathan’s hot dog eating contest
54m ago1:32
HOLIDAY FORECAST: Humid weather with possible pop-up storm for Fourth of July in the Bronx
1h ago1:39
NYPD: 30-year-old man dies from gunshot wounds, 19-year-old injured in Morris Heights
2h ago1:45
MTA continues reopening bathrooms in subway stations
3h ago0:23
Police identify victim of fatal Manhattan shooting as 37-year-old Bronx man
6h ago0:53
The East End: Take a wild ride at Peconic Water Sports
8h ago1:41
Patrick Bertoletti wins his first men’s title at annual Nathan’s hot dog eating contest
54m ago1:32
HOLIDAY FORECAST: Humid weather with possible pop-up storm for Fourth of July in the Bronx
1h ago1:39
NYPD: 30-year-old man dies from gunshot wounds, 19-year-old injured in Morris Heights
2h ago1:45
MTA continues reopening bathrooms in subway stations
3h ago0:23
Police identify victim of fatal Manhattan shooting as 37-year-old Bronx man
6h ago0:53
The East End: Take a wild ride at Peconic Water Sports
8h agoMayor Eric Adams announced Tuesday a $2 billion investment into affordable housing for New Yorkers.
The investment supports the mayor's goal of building 500,000 new homes by 2032, transforming NYCHA and combatting the city's affordability crisis. In total, the mayor has committed a record $26 billion in housing capital in the current 10-year plan.
The announcement comes as the city continues to face a housing crisis and the mayor advocating for passage of the City of Yes for Housing Opportunity. The zoning proposal is expected to add more housing in every neighborhood.
