'Housing New York' Would Invest $41 Billion in Affordable Housing

New York City Mayor Bill de Blasio announced the details of the "Housing New York" plan this week. The plan will guide the de Blasio Administration toward its goal of creating 200,000 affordable housing units in the city.

2 minute read

May 7, 2014, 5:00 AM PDT

By James Brasuell @CasualBrasuell


New York Housing

stockelements / Shutterstock

"New York City will commit $8.2 billion in public funds to a 10-year housing plan that could transform the cityscape from Cypress Hills in Brooklyn to the shores of the Harlem River," according to an article by Mireya Navarro and Michael N. Grynbaum in the New York Times.

The $41.1 billion, ten-year plan will require "$2.9 billion in state and federal money and more than $30 billion the city expects to attract in private funds." That investment will earn the city 80,000 new affordable units while preserving 120,000 currently existing units.

Mayor de Blasio is quoted in the article describing the plan as, “a central pillar in the battle against inequality.”

Writing for The Architect's Newspaper, Henry Melcher adds details about the policy mechanisms included in the plan, as well their implications for the city's skyline. "As expected, one of the central pieces of de Blasio’s plan is 'mandatory inclusionary zoning,' which will require developers to include below market-rate units at rezoned sites."

Melcher shares more details from the report: "the City will also 're-examine parking requirements, zoning envelope constraints, and restrictions on the transferability of development rights.' It is also launching two programs to incentive development on vacant lots."

Melcher does the math and concludes, "De Blasio’s New York will likely be a denser New York," which, he adds, is likely to please the construction and architecture industries. 

Stephen J. Miller, writing for Next City, also provides analysis of the plan, called the "Housing New York: A Five-Borough, Ten-Year Plan," which begins by comparing the new plan to Mayor de Blasio's campaign platform.

Miller finds that the growth of total housing in New York City under Mayor de Blasio's current housing proposals will equal the rate under Bloomberg—five percent over ten years.

Here, Miller details how Mayor de Blasio would spread funding among income groups: "Compared to the Bloomberg years, though, a much higher proportion of the new housing units created will be subsidized....De Blasio’s new-build affordable housing target is 60 percent higher than Bloomberg ended up with (and in two fewer years), even if it doesn’t quite measure up to what he promised on the campaign trail. And of those units, four times as many will be made available to the poorest class of working New Yorkers — which, for families of four, works out to those with incomes no greater than around $25,000 a year, with rents that don’t come near four digits."

Monday, May 5, 2014 in New York Times

Green rapid transit bus pulled into station in dedicated lane.

Indiana Once Again Considering Ban on Dedicated Transit Lanes

The proposed legislation would impact the construction of planned IndyGo Blue Line, the third phase of the city’s bus rapid transit system.

February 25, 2024 - Fox 59

View of 110 freeway with downtown Los Angeles buildings in background.

LA Freeway Ramp ‘Quietly Canceled’

A 2018 lawsuit forced Metro and Caltrans to do full environmental reviews of the project, leading to its cancellation.

February 29, 2024 - Streetsblog LA

View from shore of Sepulveda Basin water catchment basin with marsh plants along shore.

LA’s ‘Spongy’ Infrastructure Captured Almost 9 Billion Gallons of Water

The city is turning away from stormwater management practices that shuttle water to the ocean, building infrastructure that collects and directs it underground instead.

February 25, 2024 - Wired

Blue and white Pittsburgh bike share bikes lined up at a station with a red city bus on street in background.

Micromobility Operators Call for Better Links to Transit

For shared mobility to succeed, systems must tap into the connectivity and funding potential offered by closer collaboration with public transit.

March 4 - GovTech

New York MTA Bus

Retaining Transit Workers Is About More Than Wages

An analysis of California transit employees found a high rate of burnout among operators who face unpredictable work schedules, high housing costs, and occasional violence.

March 4 - Streetsblog California

View of Hollywood Reservoir with palm trees in foreground and Los Angeles neighobrhoods in background.

California's Stormwater Potential

A new study reveals that if California could collect and treat more stormwater in cities, it could provide enough water to supply a quarter of the state’s urban population.

March 4 - Cal Matters

Urban Design for Planners 1: Software Tools

This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.

Planning for Universal Design

Learn the tools for implementing Universal Design in planning regulations.