NYC Mayor Zohran Mamdani announces plan for 400,000 affordable housing units

3 months ago by bibbasa to c/politicaloptimism

New York City Mayor Zohran Mamdani announced a new "block by block" initiative to tackle the city's affordable housing crisis Tuesday morning.

The plan focuses on 400,000 affordable housing units, enhancing tenant protections and investing in public housing. Some 200,000 of those units will be new, rent-stabilized homes built over the next decade, as well as preserving and stabilizing an additional 200,000 homes.

massive_bereavement 21 points 3 months ago

I have a dream, and that dream is Trump tower becoming public housing.

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Lushed_Lungfish 4 points 3 months ago

After Trump has taken a swan dive from the roof.

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birdwing 13 points 3 months ago

The wonders of socialism!

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sunrisepirate 6 points 3 months ago

That's fuckin awesome. The only solution to high housing costs is to build more houses.

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bus_factor 1 point 14 days ago

More affordable houses. Building a bunch of expensive apartments doesn't help affordability at all. That's why it's important that it's affordable, public housing which can compete with the slum lords, forcing them to either lower prices or improve value provided.

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PostaL 2 points 3 months ago

Alternative to CBS.

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