Categories: New York City
07.09.2013
New plan outlines steps to preserve and expand affordable housing in New York City
The Housing First! coalition has released a new $8 billion plan to preserve and expand affordable housing in New York City over the next eight years. The plan, which you can read here, calls on New York's next mayor to build 60,000 new affordable housing units -- including 10,000 supportive housing and 6,000 senior housing units -- and preserve 90,000 at-risk affordable housing units.
First formed in 2001, Housing First! is coalition of 40 diverse coordinating committee members seeking policy innovation and capital investment to address New York City's affordable housing crisis. The new plan, titled Building Stronger, has more than 100 organizational endorsements to date. Along with calling for increased affordable housing production and preservation, Building Stronger outlines proposals to strengthen the NYC Housing Authority (NYCHA), support affordable home ownership and address the housing needs of low-income families.
We strongly urge our members to endorse Building Stronger if they haven't already done so. We also urge you to share the plan with your colleagues in hopes of capturing the attention of the mayoral candidates.
Housing First is co-chaired by Network Executive Director Ted Houghton and Bank of America Senior Vice President Todd Gomez. Rachel Fee serves as the coalition's Coordinator.