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Housing Targets
Total housing units to be produced and preserved over the next decade.
Primary Sources
NYC Mayor Unveils Plan to Increase Affordable Housing in City
Mayor Zohran Mamdani unveiled a new program Tuesday to address New York City’s housing crisis. Called “Block by Block: The Housing Plan for a New Era,” the program covers a wide swath of housing policy, from new construction to tenant protections to public housing, homeownership, and worker protections. It lays out a comprehensive strategy to make New York City more affordable for working people, Mamdani said at an event in Gowanus, Brooklyn. “At a moment when working people are being pushed out of the city they built, New York cannot afford half-measures or delays,” said Mayor Mamdani. “This plan meets the housing crisis with the urgency it demands. We are setting the most ambitious housing production and preservation targets in the city’s modern history – and backing them up with investments to match – while also protecting tenants and homeowners, investing in public housing, and ensuring the workers building that housing have good-paying, safe jobs. We must fight for both the tenants of today and the tenants of tomorrow. Block by Block shows how New York City can do exactly that.” The program includes building new homes, tenant protections, and overhauling the New York City Housing Authority. Lowest Rental Vacancy Rate in 50 Years Politico noted that New York City is contending with the lowest rental vacancy rate in more than 50 years — 1.4% — and options affordable to lower-income residents are scarce. “Block by Block meets the housing crisis with the ambition and urgency that New Yorkers deserve. This plan will deliver a fairer, more affordable city for everyone – whether you are a renter seeking repairs, a growing family seeking a new apartment, or a would-be homeowner,” said Leila Bozorg, Deputy Mayor for Housing and Planning. “From building 200,000 new affordable homes and preserving 200,000 more, overhauling how we enforce housing codes, investing in public housing, and making sure the workers building our city’s future earn a fair wage, this administration is using every tool at its disposal to meet the moment.” The program details how the City will build 200,000 new affordable homes and preserve another 200,000 affordable homes over the next decade, backed by $22 billion in capital investment in housing over the next five years. Mamdani said that investment is paired with a land use agenda to boost housing production across the five boroughs and innovative new financing tools to build and preserve affordable housing more quickly and effi...
NYC Mayor Zohran Mamdani announces plan for 400,000 affordable housing ...
By Jesse Zanger Managing Editor, CBS New York Jesse Zanger is the managing editor of CBSNewYork.com. Jesse has previously worked for the Fox News Channel and Spectrum News NY1. He covers regional news around the Tri-State Area, with a particular focus on breaking news and extreme weather. Read Full Bio Updated on: May 26, 2026 / 2:07 PM EDT / CBS New York Add CBS News on Google New York City Mayor Zohran Mamdani announced a new "block by block" initiative to tackle the city's affordable housing crisis Tuesday morning. The plan focuses on 400,000 affordable housing units, enhancing tenant protections and investing in public housing. Some 200,000 of those units will be new, rent stabilized homes built over the next decade, as well as preserving and stabilizing an additional 200,000 homes. NYC's affordable housing crisisAffordable housing has been a top priority for Mamdani, who has previously called it New York City's number one crisis. "When New Yorkers can afford a home, they can afford to dream," Mamdani said in Brooklyn Tuesday morning. He said finding affordable housing is "nearly impossible," calling it the "single largest driver of the affordability crisis." "For centuries, New York City built enough housing to keep pace with our population growth, until the 1960s," Mamdani said. "Over the past the 60 years, however, government helped create the housing crisis we now face through a series of choices.""If the absence of good government created the conditions we now face, the presence of good government can build the solutions we now need," Mamdani said. Mamdani said his plan invests billions in new affordable housing production, and protects tenants from bad landlords. 400,000 affordable homesMamdani pledged New York City will build 200,000 new affordable rent-stabilized homes over the next decade. "This historic production push will increase the number of homes for homeless New Yorkers by nearly 45%," Mamdani said. Mamdani said an additional 200,000 homes will also be preserved and stabilized. "Together, these 400,000 homes will be affordable for working people, and they will be made possible by historic $22 billion capital investment over five years. When it comes to affordable housing, no plan of this scale has ever been imagined by a past mayor, let alone proposed," Mamdani said. The mayor said the plan will also mean plenty of new jobs to help with the construction. Mamdani unveiled extensive tenant protections as part of his affordable h...
Mayor Mamdani reveals plan for more affordable housing in New York City
NEW YORK (WABC) -- Mayor Zohran Mamdani laid out a plan on Tuesday to fulfill his campaign promise to build 200,000 affordable homes over the next decade in New York City.He spoke at an event in Gowanus, Brooklyn, to reveal the details of his Block by Block plan, which includes three planks: Building new homes, tenant protections and overhauling NYCHA.Under plank one, the city will build 200,000 new, affordable and rent-stabilized homes and preserve and stabilize another 200,000 homes.This will involve a $22 billion investment throughout the next five years.And there will be zoning code changes to help make it easier to build and buy a home.The rental ripoff hearings Mamdani held earlier this year inspired plank number two.It creates a legislative task force to overhaul the city's maintenance code and improve how 311 investigates complains.When heat season begins on Oct. 1, every single complaint will be investigated. And when necessary, the city will take legal action to remove negligent landlords.As for NYCHA, the city plans to spend $5.6 billion in the next five years to make much-needed renovations and do it quickly so people don't have to wait years for basic repairs.The mayor oversees NYCHA, with money coming from federal, state and city coffers.NYCHA has more than 170,000 apartments throughout 335 developments and many of them were built decades ago.Mamdani also discussed that landlords can implement a one-time rent increase on empty units, even if a rent freeze is approved later this month.He said while this is not new, they are emphasizing it as part of the housing plan announcement.The percentage increases will be determined on a case-by-case basis, but could amount to hundreds of dollars a month in some cases.As the Rent Guidelines Board votes in June to set the new limit, possibly 0%, for how much landlords of rent-stabilized units increase rent, the administration has been searching for ways to offer landlords relief, while keeping housing affordable."At a moment when working people are being pushed out of the city they built, New York cannot afford half-measures or delays," Mamdani said. "This plan meets the housing crisis with the urgency it demands. We are setting the most ambitious housing production and preservation targets in the city's modern history - and backing them up with investments to match - while also protecting tenants and homeowners, investing in public housing and ensuring the workers building that housing have good-paying, ...
Mayor Mamdani's housing plan includes 200,000 new affordable units
Mayor Zohran Mamdani rolled out his housing plan called Block by Block: The Housing Plan for a New Era.A highlight of the plan is to build 200,000 affordable housing units over and preserve and stabilize an additional 200,000 over the next decade. It comes at a price tag of $22 billion that will be a capital commitment over the next five years, the mayor says.The city has set a goal to build over 14,000 new homes in 2027 and gradually increase that to over 21,000 new homes per year by 2031.“At a moment when working people are being pushed out of the city they built, New York cannot afford half-measures or delays," Mayor Mamdani said.The mayor committed to forming a new task force that would overhaul the city's outdated housing maintenance code, and vowed that starting Oct. 1, every 311 complaint for heat will be investigated.Another part of the plan is an investment in NYCHA, with a capital commitment of $5.6 billion over five years."We will do all this while ensuring NYCHA remains publicly owned and publicly operated," Mamdani said.The mayor also highlighted a spotlight on the Bronx, where the city says 10% of tenants are facing eviction annually.This fall, city agencies compromised of HPD, the Mayor's Office to Protect Tenants and the Mayor's Office of Equity & Racial Justice are expected to launch a planning process to coordinate city action in the highest-need neighborhoods including Mott Haven, Melrose, Tremont, Crotona, Fordham, University Heights, Kingsbridge and Bedford Park.They will focus on affordable housing preservation, code enforcement and reducing health disparities for those in low-income communities."Bronxites are facing higher rates of eviction. They're also facing higher rates of fires. They are facing the kind of housing conditions that have become the norm for far too many New Yorkers. And this is actually finally going to deliver a record investment for the tenants of today and the tenants of tomorrow," the mayor said.The city will also overhaul Housing Connects affordable housing lottery system, including cutting the lottery duration time in half down to three months, with a goal to move winners into their apartments under 100 days.The Rental Rip-Off hearings that were held throughout the five boroughs earlier this year played a role in the urgency of the plan, the mayor said.City Hall will also look into new initiatives to expand homeownership opportunities.
