As 2022 unfolds, HCR is on target to reach the goal of creating 100,000 affordable homes and 6,000 with support services set forth in the State’s current $20 billion Housing Plan. This unprecedented investment has provided quality affordable homes for seniors, veterans, families, and individuals across the State and helped revitalize urban, suburban, and rural areas of New York.
But more must be done. Too many New Yorkers are living in shelters, on the streets, or are forced to choose between buying groceries or paying rent.
Governor Hochul’s bold agenda for 2022 tackles the ongoing housing crisis and will pave the way to making New York’s housing system more affordable, equitable, and stable. The cornerstone of the Governor’s strategy is a new $25 billion housing plan that will create and preserve another 100,000 affordable homes, including 10,000 with support services.
This next plan will prioritize higher standards for energy-efficiency to help us reach the State’s carbon reduction goals; improve access to broadband, health care, green space and other essential services; and promote equal and fair access to housing opportunities.