New York City Mayor Unveils Big New Plank In Ambitious Affordable Housing Plan

Real estate developers won’t be able to continue ignoring the needs of New York City’s working class tenants for much longer, if a new proposal unveiled Friday by Mayor Bill de Blasio (D) is approved. The policy goes further than other affordable housing rules in the city, setting requirements developers must follow rather than creating options they can choose to pursue.

“This affordable housing will be mandatory and it will be permanent,” de Blasio told ThinkProgress in a...

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