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ARTICLE · 07 MAY 2014

Mayor de Blasio Announces Housing Plan - May 5, 2014

Herrick, Feinstein LLP
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In addressing one of his administration's top priorities, Mayor Bill de Blasio announced his ten-year plan to meet the city's affordable housing challenges.

United StatesGovernment, Public Sector
Herrick, Feinstein LLP
Herrick, Feinstein LLP
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In addressing one of his administration's top priorities, Mayor Bill de Blasio today announced his ten-year plan to meet the city's affordable housing challenges.

With Public Advocate Letitia James, Brooklyn Borough President Eric Adams, several key agency commissioners, union leaders, and private sector developers, the Mayor stood at an active construction site in Fort Greene, Brooklyn, providing a broad mission statement of sorts and taking questions from the assembled media.

In doing so he broadly outlined the ways in which the administration will build or preserve 200,000 affordable units, serving a half-million New Yorkers in all five boroughs.

The major points of the plan include the following:

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