Source: Real Estate Weekly —
Governor Kathy Hochul will have just over a year to prove to New Yorkers that she is best qualified to lead the state out of the pandemic and beyond. She will make that case under challenging circumstances as she drives New York’s recovery from several concurrent crises.
Affordable housing sits at the nexus of several of these challenges including a crippling shortage of available units for low- and middle-income households, a worsening climate change crisis, and a devastating digital divide. It makes sense for the Governor to recognize this unique opportunity to advance an innovative, well capitalized long term housing plan.