Mayor's Affordable Housing Not Helping People Who Need it Most, Study Says
With the city’s homelessness crisis unabated, housing advocates are asking why most of the units created or preserved under Mayor Bill de Blasio’s affordable housing plan fail to target the city’s low-income New Yorkers who need help the most.
The de Blasio administration has developed or preserved more than 77,650 units of “affordable” housing in the past four years as it works toward its 200,000-unit goal.
So far, however, just 11,000 of those units — or 14 percent — targeted households earning about $25,770 for a family of three (which is 30 percent of the Area Median Income), according to a report released Thursday by the Real Affordability for All coalition (RAFA). . .