Housing New York

In May 2014, the de Blasio Administration introduced the Housing New York: A Five-Borough, Ten-Year Plan, marking a significant step toward addressing the city's affordable housing crisis. This ambitious initiative set out to develop and safeguard 200,000 high-quality, affordable homes over the course of a decade. The holistic plan encompassed a wide range of policies and programs aimed at preserving the diversity and vibrancy of neighborhoods while ensuring the long-term affordability, health, and competitiveness of New York City.
Building on the foundation laid by Housing New York, the Administration made a bold commitment in November 2017 to meet the initial target of 200,000 affordable homes by 2022, two years ahead of schedule. Moreover, they pledged to generate an additional 100,000 homes in the following four years. This accelerated and expanded plan led to the launch of Housing New York 2.0, serving as a strategic guide for the city to reach a new target of 300,000 homes by 2026. HNY 2.0 introduced a suite of fresh initiatives intended to assist more families and seniors in affording their rent, purchasing their first home, and remaining in their cherished communities.
The crucial task of advancing the objectives of Housing New York was entrusted to the HPD, an integral part of Your Home NYC, Mayor de Blasio's comprehensive strategy to aid New Yorkers in acquiring, affording, and maintaining housing in challenging times. By the end of 2021, the HPD and HDC had successfully achieved the plan's goal of creating or preserving 200,000 affordable homes. The Housing New York initiative underscored deliberate efforts to build a just, equitable, and prosperous city for generations to come. Collaboration with City agencies, counterparts in State and Federal government, elected officials, and industry partners played a pivotal role in directly addressing the city’s affordable housing challenges. For further details, the Housing New York: Final Report is available for review, offering deeper insights into the initiative's impact and outcomes.