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New York City Mayor Adams Administration Unveils Initiative to Create Tens of Thousands of Affordable Homes in High-Demand Areas, Continues Urgent Call for Action to Address Housing Crisis
March 29, 2024
NEW YORK, March 29 -- New York City Mayor Eric Adams issued the following news on March 28, 2024:

New York City Mayor Eric Adams today unveiled a new initiative as part of his administration's historic "City of Yes for Housing Opportunity" proposal that will create tens of thousands of affordable homes in areas of the city that many working-class New Yorkers are unable to afford. An outdated restriction on new residential construction -- also known as the floor-to-area-rat . . .

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