Protecting Affordable Housing

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Protecting Affordable Housing

  1. 1. Affordable Housing Preservation ~ 1 million rent regulated units; 47% of all NYC rental housing Over past 30 years, net loss of 231,000 regulated units Stable, affordable buildings directly affect neighborhood outcomes 6
  2. 2. Affordable Housing Preservation ~ 45,000 affordable housing units will reach the end of their affordability requirements during next mayor’s first term ~ 170,000 more at risk by 2037 With federal involvement in flux, NYC more reliant on new and creative financing strategies 7

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