New York City Council votes to pass City of Yes affordable housing plan

Housing Plan News

New York City Council votes to pass City of Yes affordable housing plan
NycCity CouncilCity Of Yes
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Officials say the changes could make way for 80,000 additional homes.

The New York City Council voted 31-20 to move forward with the Adams Administration's City of Yes affordable housing plan on Thursday.

The plan is designed to ease restrictions on basement apartments, along with other issues preventing the large-scale growth of housing."Our only shot at solving New York's affordability crisis is by building more housing - and that's why I'm committing $1 billion for projects that will make 'City of Yes' a reality," said Gov. Kathy Hochul. "I signed the most powerful pro-housing legislation in three generations earlier this year, but the work is far from over.

"Today is a historic day in New York City, but, more importantly, for working-class New Yorkers," said Mayor Eric Adams. "We showed the nation that government can still be bold and brave by passing the most pro-housing piece of legislation in city history. Our administration proposed and fought hard for this proposal for more than year, and now New Yorkers are the ones who will benefit from lower rent.

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