City Sets Record For Affordable Housing Development

While the New York City’s public housing troubles is in turmoil thanks to years of inadequate inspections, lead-based paint poisoning of some of its residents and other safety and health concerns, the city did accomplish a significant positive feat in 2017—a record number of affordable housing units built. The de Blasio administration reports that the city financed 32,116 affordable homes in 2017, which broke the all-time record set by the administration of Mayor Ed Koch in 1989 at 25,243 units.


Source: Globe St.