Legislation will illuminate the City’s process of building and funding quality affordable housing.
New York, NY- Today, the City Council will vote on a bill to dramatically increase transparency and accountability in New York City’s Department of Housing Preservation and Development (HPD) housing projects. The City allocates hundreds of millions of dollars towards housing development, and this bill will help to better assess the number of affordable units created and preserved while shedding light on HPD’s process of selecting and evaluating developers, how the City pays for those projects and whether the developments are well built.
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