“New York has a housing affordability crisis and there’s only one way out: build more housing. That’s why earlier this year, I fought tooth-and-nail for a major package of reforms and investments that will build thousands of new homes for everyday New Yorkers. We got it done in part because of strong partnerships with our colleagues in New York City, and I’m proud to stand with them as they move forward with their plan to build a little more housing in every neighborhood. Now we’re adding a $1 billion state commitment to support affordable housing in New York City. We need all hands on deck to build more housing and make New York more affordable for all of us.”
Statement from Governor Kathy Hochul on Agreement to Advance New York City’s “City of Yes” Housing Plan
