#affordable-housing

#affordable-housing

Just down the block sits Carnegie House. It's the longtime home of many rally attendees - and one of Dell's recent real estate investments. Residents of the co-op, known as the only remaining affordable building on Billionaires' Row, are facing the looming threat of displacement from a 450% rent hike. The issue is the co-op's ground lease. Though residents own their apartments inside, they don't own the land the building stands on - the ground lease owners do.

NYCHA is looking to leverage its large footprint together with private development to help address New York City's housing crisis and the agency's own deep rehabilitation needs. NYCHA has 2,473 acres of land in the city and a population the size of Minneapolis. As of 2025, the aging NYCHA housing stock has a $78.6 billion backlog in physical repair needs after decades of federal disinvestment.

This bright corner apartment in Tudor City features views of the East River from many casement windows. A glass wall divides the bedroom and living room.

This project is a rare chance to meet two of our city's urgent needs at once: building housing and advancing Phase 2 of the Second Avenue Subway.

Cortland, New York offers a median home listing price of $192,500 and a median home sale price of $215,000, making it significantly cheaper than New York's averages.

Matt Linde and Udi Kore transformed the former Brooklyn campus of St. John's College into a luxurious 205-unit apartment complex, offering rents from $2,495 to $6,950.

"Somewhere last night in New York City, a single mother and her children slept at a homeless shelter because you, assemblyman @ZohranKMamdani are occupying her rent controlled apartment."

On day one, chassis reform cuts $10,000 off a type of home that is already sold in the market in the hundreds of thousands. There's not a lot else that Congress can do in one fell swoop to cut 10% off the price of any home.

Our administration has shattered affordable housing records year after year. Now, we're adding another 'year' to that list: Fiscal Year 2025. This past fiscal year, we produced the most affordable rental units in city history and the most homes for formerly homeless New Yorkers.

Manufactured homes built to exceed federal standards are now typically less expensive than traditional homes, with a median price around $200,000 including land.

"The 'Independence at Charlestown Navy Yard' project from the Archdiocese of Boston and St. Francis House was approved by the Boston Planning and Development Agency in December 2023."

The LIHTC program provides tax credits to developers who agree to reserve a portion of their rental units for lower-income households, making it the most effective tool for addressing affordable housing.

The southwest London borough has unveiled its 'growth plan', mapping out its new 'growth corridor' - an area that has been specifically designed to boost economic development and population growth.

What Zohran is saying is, I want people to be able to afford to live in New York City, Warren said. That's what keeps it a vibrant city.

The Baisley Pond Park Project, built by a nonprofit and a developer in collaboration with multiple city agencies, cobbled together an innovative financing package from public and private sources.