Affordable housing

New Jersey's largest city is becoming increasingly unaffordable for its residents.
Housing advocates argue that Mayor Eric Adams plans to spend $22 billion over the next decade to preserve and build affordable housing in New York City falls far short of what he promised last year during his mayoral campaign.
The much-maligned tax break for developers is due to expire June 15. Gov. Kathy Hochul wants to tweak and extend it in the state budget due this week.
Albany lawmakers have been ambivalent about the chances of another rent reform bill.
Displaced residents have been in hotels for nearly a month, which some say are lacking basic services.
“It’s as if it were prohibited for immigrants to attain housing with dignity.”
The eight leading candidates have presented their visions to fixing the housing crisis in New York City.
If ultimately approved by the City Council, the 25-story building will bring affordable housing to the neighborhood and provide some unspecified financial support for the Seaport museum.
The plan would add affordable housing to two of Manhattan’s wealthiest neighborhoods, and has been the center of contentious fights amongst New Yorkers.
The biggest rent drops happened in areas where the majority of essential workers don’t live but higher income earners do, such as Manhattan and waterfront neighborhoods in Brooklyn and Queens.
Issues of racial and economic justice have moved further to the fore, making affordable housing no longer purely a numbers game in the eyes of many.
About half of the housing preservation department's capital cuts have been restored back to this year.
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