Mayor Eric Adams with First Deputy Mayor Maria Torres Springer announce back-to-back record-breaking calendar years producing critically needed affordable housing across the five boroughs | Photo by Ed Reed/Mayoral Photography Office.
Since day one of our administration, building housing and bringing down the cost of living have been two of our top priorities. We know that to make New York City the best place to raise a family globally, we need affordable housing across the five boroughs. We must build the housing that working people, families, immigrants, and young people need.
For the past three years, we have gone to work to deliver housing for New Yorkers every day, everywhere. Last week, we announced back-to-back record-breaking calendar years producing critically needed affordable housing across the city. We have again built the most homeless and supportive units. We also housed our older adults by building a record number of senior units.
We have also connected a record number of New Yorkers to that housing, with HPD connecting more New Yorkers to homes than ever in 2024. And thanks to our team at NYCHA, we have delivered more than $1.7 billion in critically needed capital repairs to our public housing sites. The New York City Department of Social Services also connected a record number of New Yorkers in shelters to subsidized permanent housing. Additionally, more than 14,600 households moved out of shelters using a variety of rental subsidies, reflecting a 24 percent increase year-over-year.
But these records are more than just numbers — they are older adults getting connected to accessible and affordable housing, formerly homeless New Yorkers being handed a key to a stable and safe apartment with a support network, and families feeling like they can afford to live in the greatest city on the globe.
“We are building with an “Everything, Everywhere, All at Once” approach. That means building housing on every block, in every neighborhood, and every borough. We are not just breaking records when it comes to housing. Last month, we announced, for the eighth time since we entered office, that we broke our city’s all-time high jobs record.”
A home is more than just four walls and a roof; it is the key to unlocking the American Dream. It is a path towards stability and opportunity. We must continue to be bold and ambitious to meet our affordable housing crisis head-on.
That is why, in my State of the City address last month, we laid out a bold vision for our “Manhattan Plan”: 100,000 new homes in the borough, bringing the total number of homes in Manhattan to 1 million over the next decade.
We are also building on our “City of Yes for Housing Opportunity” plan, the most pro-housing proposal in our city history. This plan will invest billions and build 80,000 new homes over the next 15 years. With “City of Yes for Families,” we will help us build even more housing that meets families’ needs, including co-located housing with libraries and housing that is closer to public transportation.
We are building with an “Everything, Everywhere, All at Once” approach. That means building housing on every block, in every neighborhood, and every borough. We are not just breaking records when it comes to housing. Last month, we announced, for the eighth time since we entered office, that we broke our city’s all-time high jobs record. But I know the hustle in this city is accurate and that too many families are still struggling.
Every day, we fight to give New Yorkers a key to their future. Together, we will build more affordable housing so that New York remains the best place to raise a family and a place where all New Yorkers can build their American Dreams.
