1. The NYC Affordable Housing Crisis
It was able to create approximately 105,000 units and preserve 86,000 in addition, by spending over $750 million per year. (Coalition for the Homeless) DiBlasio's current eight point plan; however, would create and/or preserve 190,000 units of affordable housing in the span of eight years. ... The Independent Budget Office proposed taxing vacant land at the same rate as commercial land, particularly those over 2,500 square feet. ... It will help fund and expedite new development of affordable housing and create four thousand newly constructed units over the span of eight years. ...
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