De Blasio’s affordable housing approved by City Council

Allowing benefits to lower-earning residents helps sway community leaders in Mayor's favor
  • Opponents of de Blasio’s plan have been vocal since its introduction in September, believing the regulations wouldn't help the majority of New Yorkers who need affordable housing the most.
  • The City Council added a requirement that a minimum 10 percent of housing be made affordable to families averaging 40 percent of the area’s median income
  • Last November, almost all of the city’s 59 local community boards rejected the mayor’s affordable housing plan.
  • Allowing the program to benefit residents of more modest means helped shift the opposition into support, according to a Bloomberg report.

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Housing New York is now cleared by the NYC City Council in an overwhelming vote to add 200,000 units over the next decade in New York City. The decision comes after council members met in February on two separate occasions to debate both Mandatory Inclusionary Housing  and Zoning for Quality and Affordability. "New York City is now one step closer to being a city where everyone can work and live. New rules for developers. Fairness and affordability for tenants,” Mayor Bill de Blasio said in an official statement. “Years from now, when working-class families and seniors are living soundly in their homes without fear of being priced out, we will look back on this as a pivotal moment when we turned the tide to keep our city a place for ALL New Yorkers." Opponents of de Blasio’s plan have been vocal since its official introduction back in September, with many believing the regulations put forth wouldn't help the vast majority of New York City residents who need affordable ho...