De Blasio promotes affordable housing plan at Cypress Hills senior residences
New York City created or preserved more than 24,500 affordable homes last year, breaking a record for the nation’s biggest city, Mayor Bill de Blasio announced Tuesday.
The previous record was just over 23,100, in 1989.
De Blasio, a Democrat re-elected last year, has made affordable housing a centerpiece of his two mayoral campaigns. He promoted the milestone at the Cypress Hills Senior Residences in Brooklyn.
The city invested more than $1 billion in affordable apartments last year. The effort mostly preserved affordable homes — more than 17,300 of them. Another 7,200 new ones were created.