May 12, 2023
A new plan by the New York City Council aims to increase affordable housing production by setting development goals for each of the city's 59 community districts. Speaker Adrienne Adams on Thursday unveiled her "Fair Housing Framework" legislation, a plan reminiscent of Gov. Kathy Hochul's rejected proposal earlier this year that called for every locality in the state to meet home creation targets. Under Adams' plan, "high-opportunity," or wealthier, transit-rich neighborhoods in the city, would be required to produce more low-income affordable housing. According to the plan, the city's housing agencies would be responsible for setting targets for each district, which would be reevaluated every five years, starting in 2025.
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