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REMARKS

Challenges and goals for affordable housing in New York City

0:04:12

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3 min

Council Member Sanchez discusses the depth of the housing crisis, highlighting the need for more affordable housing and increased capital investments. She emphasizes the importance of collaboration between the council and HPD to address these challenges.

  • The housing vacancy survey reveals extremely low vacancy rates, especially for affordable units
  • There's a need to increase the target for new affordable housing units
  • The current 5-year capital plan falls short of the mayor's campaign promise
  • The council is ready to support ambitious initiatives to meet housing goals
  • Sanchez calls for collaboration to make a real difference for New Yorkers