NEW YORK—Mayor Bill de Blasio, who plans to make his affordable housing plan a centerpiece of this year’s agenda, announced Thursday that the program has taken an important first step toward meeting its ambitious goal.
De Blasio said that the city financed the creation and preservation of more than 17,300 affordable housing units last year, enough to house nearly 42,000 people. The city had originally projected developing 16,000 units for 2014, de Blasio’s first year in office.
“There is a desperate need for housing in this city,” de Blasio said. “Every time you can build a unit or preserve a unit, one more family is stable.”
"There is a desperate need for housing in this city."