Build 500,000 new housing units over the next decade, the most ambitious housing production target in NYC history.
What was promised
What actually happened
In FY2024, the Adams administration financed nearly 29,000 affordable homes and public housing units, and constructed a record 14,700 new homes. The landmark 'City of Yes for Housing Opportunity' rezoning passed the City Council in December 2024, projected to enable 80,000+ new homes. Housing production rose 23% in the first 10 months after passage. On pace but highly dependent on continued City of Yes implementation.
Data sources: NYC Mayor's Office, NYC Department of Housing Preservation & Development, 6sqft.com
Verdict: In Progress
Active work is underway toward this promise, but it has not yet been fully delivered. Progress is being tracked.
CityCheck data
See New York City's cost of living and housing data →Other promises from New York City
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