A coalition of the city’s largest housing groups has partnered with unlikely allies to demand that the next mayor create and preserve 150,000 units of affordable housing and address homelessness.
Housing First released its agenda for the next mayor earlier today, saying their plan would cost $8 billion over eight years. The report was developed with contributions from businesses, financial institutions, developers and nonprofits.
"What we’d like to see from the candidates is for someone to come out with a real plan and a real commitment," Martin Dunn, a developer and member of Housing First, told the Wall Street Journal yesterday.
The plan comes in a tidy seven-point package touching on everything from affordable housing development and preservation to rebuilding after Hurricane Sandy and strengthening the city’s public housing agency.
"One-third of New Yorkers are now paying more than half of their incomes on rent," Housing First’s 31-page report states. “Six percent of the city’s homeowners behind on their mortgages, the threat of foreclosure is surpassed in urgency only by the 50,000 New Yorkers seeking refuge in the City’s homeless shelters each night."
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Last Updated (Aug 14, 2014)
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