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AGENCY TESTIMONY
City of Yes for Housing Opportunity: Addressing NYC's housing shortage
0:10:49
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145 sec
Director Garodnick discusses the City of Yes for Housing Opportunity initiative, approved by the city council in December 2024. This zoning plan aims to tackle New York City's housing shortage and create more affordable housing options.
- Enables the creation of 82,000 new homes across the city
- Balances housing needs with infrastructure and neighborhood context concerns
- Allocates $5 billion for infrastructure upgrades, affordable housing, tenant protection, and homeownership support
- Ensures housing options in all neighborhoods, aligning with the council's fair housing framework
- Highlights collaboration with various council members and committees
Dan Garodnick
0:10:49
A few months later in December, you all approved City of Yes for Housing opportunity with modifications, a momentous step to tackle our city's housing shortage.
0:10:58
The final plan strikes a careful balance to address concerns about infrastructure and context while enabling 82,000 new homes across the city, making it the single most pro housing zoning plan in New York City history.
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82,000 homes, of course, is more than just a number.
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A stable, affordable home is life changing, and New Yorkers will feel the difference.
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Working people struggling to pay rent will have more options and more leverage.
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Growing families will have more room.
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Homeownership will be within reach once again.
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And crucially, in alignment with the council's fair housing framework, City of Yes ensures that people will have more housing options in all neighborhoods because we can only solve our housing crisis if everyone pitches in.
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Thanks to the council's efforts, the plan also allocates $5,000,000,000 to upgrade infrastructure to build affordable housing, to protect tenants, and to support homeownership, critical steps to ensure our neighborhoods thrive as they grow.
0:12:06
And the city is meeting these commitments already.
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Just last month, DEP and DOT announced significant investments to increase sewer capacity and to prevent flooding in Bushwick, Brooklyn.
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Getting this ambitious plan across the finish line was only possible through a strong partnership and collaborative relationship with Speaker Adams, Land Use Committee Chairman, Mr.
0:12:29
Salamanca, thank you, our Zoning Subcommittee Chair, Kevin Riley, Housing and Buildings Committee Chair, Sanchez Pierina, and the entire council.
0:12:40
We are so appreciative to all of you.
0:12:44
The process was never going to be easy.
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There were always going to be differences of opinion.
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But at the end of the day, after hundreds of community board meetings and many hours of public testimony, we agreed that the status quo was not acceptable.
0:13:00
We had to take bold action to give New Yorkers more housing options, and that is exactly what we did together.
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So thank you.
0:13:08
I am again, I just want to say I am deeply appreciative to your dedication to these transformative efforts.