Mayor Adams Proposes Major Investments to Expand Affordable Housing
Another portion of the announcement in the budget includes a $24.7 billion investment in affordable housing under a 10-year capital strategy. This would preserve existing homes, build new ones and support repairs. Also, Adams said that the city will pour $350 million into making improvements to thousands of apartment units provided by the New York City Housing Authority.Additionally, Adams wants to expand renter protections, as the budget calls for allocations in the Anti-Harassment Tenant Protection Program. The investments would help with legal services for tenants."With our administration’s upcoming budget, we...



