Some community groups fear that rezonings will force low-income residents out. City Hall says rezonings are needed to prevent further loss of affordability. Amid a lack of clear evidence, any risks of the de Blasio rezonings will be borne primarily by low-income communities of color.
Responding to advocates who believe the trusts can ensure that today’s public investments deliver long-term affordability, HPD is seeking expressions of interest from non-profit groups.