Mayor de Blasio unveils plan to increase affordable housing in New York City

By Mary Frost - Source: http://www.brooklyneagle.com

Mayor Bill de Blasio unveiled an ambitious plan to increase low- and middle-income housing at Fort Greene on Monday. Behind him can be seen the sleek Forte, a luxury condominium next to BAM. Photo by Ed Reed for the Office of the Mayor Mayor Bill de Blasio unveiled an ambitious plan to increase low- and middle-income housing at Fort Greene on Monday. Behind him can be seen the sleek Forte, a luxury condominium next to BAM. Photo by Ed Reed for the Office of the Mayor[/caption
Mayor Bill de Blasio in Fort Greene on Monday laid out a 10-year plan to build or preserve 200,000 affordable apartments across all five boroughs. The apartments would provide enough housing to serve more than a half-million residents, and prevent lower- and middle-class workers from being priced from their neighborhoods.

The Mayor called his $41 billion Housing New York plan “the most expansive and ambitious affordable housing agenda of its kind in the nation’s history.”

De Blasio said the plan would benefit families ranging from very low incomes (under $25,150 for a family of four) to those in the middle class.

Out of the 200,000 affordable units, 120,000 would be preserved and 80,000 newly built.

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