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NORTH AMERICAN Newsline FEBRUARY 21, 2025 | The Indian Eye 22

Mayor Adams Announces Back-To-Back

Record-Breaking Years Creating Affordable,

Supportive Housing In Calendar Year 2024

Record-Breaking Years Highlight Adams Administration Delivering

Critically-Needed Housing as City Faces Generational Housing Crisis

OUR BUREAU fore in 2024, bringing nearly 14,654
households into affordable units this
New York, NY
calendar year. Of that record num-
ew York City Mayor Eric Ad- ber, 10,054 were through Housing
ams has announced back-to- Connect lotteries and 4,600 house-
Nback record-breaking calen- holds left shelter to move into HPD
dar years producing critically-needed homeless set aside units.
affordable housing across the five Thanks to the advocacy efforts
boroughs as the city faces a genera- from the Adams administration in
tional housing crisis. Albany to create the Public Housing
The announcement comes as Preservation Trust and support for
the Adams administration has ag- the Permanent Affordability Com-
gressively tackled a generational mitment Together (PACT) program,
housing crisis head-on by advancing NYCHA has been able to invest in
landmark housing projects, continu- critically-needed repairs while si-
ously breaking records in affordable multaneously empowering residents.
housing creation, and passing histor- In 2024, NYCHA converted 3,887
ic pro-housing legislation — all in an apartments to Project-Based Section
effort to bring down the cost of rent 8, enabling PACT partners to deliver
for working-class New Yorkers. $1.7 billion in capital repairs. Resi-
“A home is more than just four dents at Nostrand Houses, Bronx
walls and a roof; it’s the key to un- River Addition, and Coney Island I
locking the American Dream, a path (Site 1B), also known as Unity Tow-
towards stability, and an opportunity year in a row of broken records for Yorkers’ support for our aggressive ers, totaling 1,597 apartments across
that’s been out of grasp for too many housing production and connecting housing agenda and we continued to 19 buildings, opted into the Public
for too long,” said Mayor Adams. New Yorkers from shelter to perma- deliver, using every tool we gained Housing Preservation Trust, which
“Since day one of our administration, nent housing shows how we’re con- to build, preserve, and place New will unlock hundreds of millions of
building housing and bringing down stantly moving forward,” said First Yorkers into housing. Back-to-back dollars for critical capital repairs.
the cost of living has been one of our Deputy Mayor Maria Torres-Spring- record-breaking years are not mere Thanks to concerted rehous-
top priorities. Thanks to our team, er. “We never sat on our hands last statistical victories — they are signs ing efforts and the Adams admin-
working alongside advocates and ev- year to get new tools to create, pre- that New Yorkers are able to live in istration’s wide-ranging reforms to
eryday New Yorkers, we have moved serve, and place New Yorkers in an expanding amount of safe, quality, strengthen access to City Fighting
the ball forward — and the numbers housing. and affordable housing.” Homelessness and Eviction Pre-
show it, with the most units produced Our talented public servants The new data shows that the vention Supplement (CityFHEPS)
for formerly homeless New Yorkers and leadership at City Hall, HPD, Adams administration — for the vouchers, the New York City De-
in city history, the most supportive the New York City Housing Devel- second year in a row — continued partment of Social Services also
housing units produced in city histo- opment Corporation, the New York to break records on both creating connected a record number of New
ry, and the most senior housing units City Housing Authority, and the New and connecting New Yorkers to af- Yorkers in shelter to subsidized per-
produced in city history! Behind each York City Department of Social Ser- fordable housing. In addition to the manent housing.
of these stats are real New Yorkers vices housed the most vulnerable, records listed above, HPD produced More than 14,600 households
who found the housing they need- while expanding the number of our the most 421-A standalone units in moved out of shelter using a variety
ed to live in the greatest city on the city’s affordable homes.” a calendar year, with 5,931 units. Fi- of rental subsidies, reflecting a 24
globe. To meet our affordable hous- “New York City broke afford- nally, HPD and the New York City percent increase year over year. The
ing crisis head on, we must continue able housing records, once again, Housing Development Construction majority of these households used
to be bold and ambitious, looking in 2024 — an impressive feat that (HDC) closed on financing for the CityFHEPS to obtain stable hous-
anywhere and everywhere to build means the lives of many New York- creation of 27,620 affordable homes, ing, reflecting a 40 percent increase
the housing New Yorkers need and ers will become tangibly better and including 14,145 in newly construct- in shelter exits using city-funded
deserve.” more affordable,” said New York ed housing and 13,475 in preserva- rental assistance. Finally, more than
“This administration has fired City Executive Director for Hous- tion of existing homes. 4,400 households used CityFHEPS
on all cylinders to address the city’s ing Leila Bozorg. “Last year, we HPD directly connected more vouchers to stay in their homes and
housing crisis. A second calendar saw, again, countless signs of New New Yorkers to homes than ever be- avoid shelter.

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