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Total number of affordable housing units preserved and constructed in NYC in 2025?
3
Resolution / Starting Odds
Less than 25,000 • 25%
25,000 to 29,999 • 25%
30,000 to 34,999 • 25%
35,000 or more • 25%
Official announcements from the Mayor's office or New York City Housing Authority reports
Story
NYC Achieves Record-Breaking 29,000 Affordable Housing Units, Mayor Adams Announces
Jul 30, 2024, 02:07 PM
Mayor Eric Adams announced that New York City has achieved a record-breaking number of affordable housing units, with nearly 29,000 units preserved and constructed over the last year. This marks back-to-back record-breaking years for the city's affordable housing initiatives. The mayor emphasized that these efforts are part of a broader push to make the city more affordable and address the housing crisis, which he likened to modern ‘Jim Crowism’. Tax breaks were cited as a contributing factor to this achievement. Additionally, over 3,600 New Yorkers have successfully transitioned out of city shelters. However, critics remain skeptical of the mayor's efforts to fully resolve the housing crisis.
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Similar markets
Less than 1,000 • 25%
1,000 to 4,999 • 25%
5,000 to 9,999 • 25%
10,000 or more • 25%
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No • 50%
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151 to 200 • 25%
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401 to 600 • 25%
More than 600 • 25%
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25% completed • 25%
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