New York City is growing, with its population and jobs far outpacing available homes and housing production. Rents are at historic highs and competition for housing is only increasing. If the city’s housing shortage remains unaddressed, New Yorkers will continue to be pushed out and homelessness will grow.
We need to develop more affordable housing, senior housing, homeownership, and supportive housing, as well as market rate housing. Simultaneously, more efforts are needed to protect existing affordable housing and homeownership, and to ensure every New Yorker’s home is healthy and safe.
Read Speaker Adrienne Adams’ Housing Agenda to Confront the City’s Crisis to learn more about how New York City Council plans to confront the housing shortage head-on.