Protecting Affordable Housing
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Transcript of Protecting Affordable Housing
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~ 1 million rent regulated units; 47% of all NYC rental housing Over past 30 years, net loss of 231,000 regulated units
Affordable Housing Preservation
Stable, affordable buildings directly affect neighborhood outcomes
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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