Mayor de Blasio unveils affordable housing plan

Mayor de Blasio unveils affordable housing plan

Posted: Updated:

New York City Mayor Bill de Blasio on Monday announced his $41 billion plan to build and preserve 200,000 units of affordable housing in the next 10 years.

"There's an inequality crisis in this city and in this nation," de Blasio said.

We toured the building used as one the the backdrops of the mayor's announcement. Deplorable conditions led the city to take it over. 120,000 of the housing units in the plan are preservation projects. Either way, it'll take some time to repair -- the units and the crisis alike.

Our question: how long do you think it will take before New Yorkers feel the benefits of this initiative?

De Blasio answered that some will start feeling the increase this year, then the year after, and more so the years after that.

The mayor's program anticipates about $8.2 billion in city money with state, federal and private funds covering the rest.

With the AP

  • Local NewsLocal NewsMore>>

  • Wedding reception at country club ends with brawl

    Wedding reception at country club ends with brawl

    Tuesday, September 16 2014 8:37 AM EDT2014-09-16 12:37:23 GMT
    New York State NewsNew York State News
    Police say they're investigating a large brawl that broke out at the end of a wedding reception held over the weekend at a suburban Buffalo country club. Officials tell local media that seven different police agencies were called in late Saturday to break up the fight at the Orchard Park Country Club. Officers say dozens of the approximately 200 guests were involved in the melee, which broke out after a member of the wedding party was tossed off the premises for inappropriate behavior.
    Police say they're investigating a large brawl that broke out at the end of a wedding reception held over the weekend at a suburban Buffalo country club. Officials tell local media that seven different police agencies were called in late Saturday to break up the fight at the Orchard Park Country Club. Officers say dozens of the approximately 200 guests were involved in the melee, which broke out after a member of the wedding party was tossed off the premises for inappropriate behavior.
  • Trump Plaza closes; mogul Donald Trump may step in

    Trump Plaza closes; mogul Donald Trump may step in

    Tuesday, September 16 2014 8:23 AM EDT2014-09-16 12:23:53 GMT
    A fourth Atlantic City casino has gone out of business.  Trump Plaza shut its doors at 6 a.m. Tuesday.  The casino at the center of the Boardwalk and the end of the Atlantic City Expressway has been declining for years, performing worse than any of the city's other casinos.
    A fourth Atlantic City casino has gone out of business.  Trump Plaza shut its doors at 6 a.m. Tuesday.  The casino at the center of the Boardwalk and the end of the Atlantic City Expressway has been declining for years, performing worse than any of the city's other casinos. Real estate mogul Donald Trump took to Twitter on Tuesday to say he left Atlantic City years ago but may return.
  • Street gangs tone down use of colors, tattoos

    Street gangs tone down use of colors, tattoos

    Tuesday, September 16 2014 8:19 AM EDT2014-09-16 12:19:09 GMT
    Law enforcement officials from coast to coast say street gangs are shying away from wearing their colors and are covering up or even altering their tattoos to avoid detection by police.  Hartford, Connecticut, Police Sgt. Johnmichael O'Hare says gone are the days when the Bloods wore red from head to toe. All you'll see now, he says, is maybe a red handkerchief sticking out of a back pocket.


    Law enforcement officials from coast to coast say street gangs are shying away from wearing their colors and are covering up or even altering their tattoos to avoid detection by police.  Hartford, Connecticut, Police Sgt. Johnmichael O'Hare says gone are the days when the Bloods wore red from head to toe. All you'll see now, he says, is maybe a red handkerchief sticking out of a back pocket.


Powered by WorldNow
Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | New Terms of Service What's new | Ad Choices