The plan includes new tenant protections, repurposing government-owned land and isolated manufacturing parcels for housing, and a rezoning to generate both market-rate and income-targeted apartments.
The recently passed budget shifted capital spending on housing to later years. But some in the housing world think good news from Washington could lead the city to change course.
The final fiscal 2021 spending plan staved off cuts to smaller housing programs, but retained a shift of roughly a billion dollars in capital spending on the mayor’s affordability plan.
Reacting to the drastic drop in city revenue, Mayor de Blasio has proposed shifting $1 billion in capital spending on his housing plan from this fiscal year and next to…
Residents, community groups and the borough president’s office are voicing their concerns over whether benefits promised to the neighborhood are being delivered–and how the COVID-19 budget crunch might affect the…
