Mayor’s Affordable Housing Not Helping People Who Need it Most, Study Says

July 24, 2024 | admin

(DNAINFO)  Amy Zimmer | September 18, 2017 — With the city’s homelessness crisis unabated, housing advocates are asking why most of the units created or preserved under Mayor Bill de Blasio’s affordable housing plan fail to target the city’s low-income New Yorkers who need help the most.

The de Blasio administration has developed or preserved more than 77,650 units of “affordable” housing in the past four years as it works toward its 200,000-unit goal.

So far, however, just 11,000 of those units — or 14 percent — targeted households earning about $25,770 for a family of three (which is 30 percent of the Area Median Income), according to a report released Thursday by the Real Affordability for All coalition (RAFA).

“In order to make a dent in the homelessness crisis, we must increase the number of units developed for households who earn less than $25,000 a year — households that are not served by the private market,” states the report from the RAFA coalition, which includes groups such as Legal Aid Society, United Neighborhood Houses, and Tenants & Neighbors.

The group, for instance, is critical of the plan for the Bedford Union Armory in Crown Heights where an entire city-owned block will be used for 386 units of luxury housing while just 18 units would be affordable to the local community earning about $34,000 for a family of three.

Source: Mayor’s Affordable Housing Not Helping People Who Need it Most, Study Says – Crown Heights – New York – DNAinfo

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