Uploaded May 2026 | Updated September 2026, 2 weeks ago
Plan charts path to build 200,000 new affordable homes over the next decade
Public Advocate Williams, four Borough Presidents, labor leaders and housing groups back the plan
NEW YORK – Today, Mayor Zohran Kwame highlighted key elements of the administration’s historic housing plan, Block by Block, focused on building the new housing New Yorkers urgently need.
The plan charts a path to create 200,000 new affordable homes over the next decade, including through direct investment in affordable housing for low-income New Yorkers, innovative financing tools and process reforms to help public dollars go further. It also advances an ambitious land-use agenda to create more housing of all kinds across New York City.
Block by Block is paired with a nearly $5 billion investment over the next two years for new rent-stabilized affordable housing, including dedicated commitments to affordable senior housing and supportive housing.
Support for the plan has continued to grow since its release, including endorsements from New York City Public Advocate Jumaane Williams, four Borough Presidents, labor leaders, housing organizations and tenant advocates.
Through Block by Block, the Mamdani administration is advancing an ambitious land-use agenda, that includes a citywide transit-oriented development proposal to meaningfully increase housing near public transit, giving New Yorkers greater access to all the city has to offer.
The plan also incorporates new land-use tools approved by voters in November that are speeding up the development of affordable housing and ensuring every neighborhood contributes to the city’s housing growth. In addition, the Mamdani administration will create New York City’s first revolving loan fund to help affordable housing financing go further and unlock private investment.
The administration is also continuing implementation of Executive Orders 4 and 5, signed on the Mayor’s first day in office, to accelerate housing development and expand affordable housing on City-owned land.
Through reforms proposed by the Streamlining Procedures to Expedite Equitable Development (SPEED) Task Force – including SEQRA reform in the newly-approved state budget – the City will cut eight months from the development timeline for all affordable housing projects and as much as two years for projects requiring rezonings.
The plan also outlines strategies to maximize the use of City-owned land for both 100% affordable and mixed-income housing, including housing co-located with public facilities such as libraries and schools.
May 28, 2026
Plan charts path to build 200,000 new affordable homes over the next decade
Public Advocate Williams, four Borough Presidents, labor leaders and housing groups back the plan
NEW YORK – Today, Mayor Zohran Kwame highlighted key elements of the administration’s historic housing plan, Block by Block, focused on building the new housing New Yorkers urgently need.
The plan charts a path to create 200,000 new affordable homes over the next decade, including through direct investment in affordable housing for low-income New Yorkers, innovative financing tools and process reforms to help public dollars go further. It also advances an ambitious land-use agenda to create more housing of all kinds across New York City.
Block by Block is paired with a nearly $5 billion investment over the next two years for new rent-stabilized affordable housing, including dedicated commitments to affordable senior housing and supportive housing.
Support for the plan has continued to grow since its release, including endorsements from New York City Public Advocate Jumaane Williams, four Borough Presidents, labor leaders, housing organizations and tenant advocates.
Through Block by Block, the Mamdani administration is advancing an ambitious land-use agenda, that includes a citywide transit-oriented development proposal to meaningfully increase housing near public transit, giving New Yorkers greater access to all the city has to offer.
The plan also incorporates new land-use tools approved by voters in November that are speeding up the development of affordable housing and ensuring every neighborhood contributes to the city’s housing growth. In addition, the Mamdani administration will create New York City’s first revolving loan fund to help affordable housing financing go further and unlock private investment.
The administration is also continuing implementation of Executive Orders 4 and 5, signed on the Mayor’s first day in office, to accelerate housing development and expand affordable housing on City-owned land.
Through reforms proposed by the Streamlining Procedures to Expedite Equitable Development (SPEED) Task Force – including SEQRA reform in the newly-approved state budget – the City will cut eight months from the development timeline for all affordable housing projects and as much as two years for projects requiring rezonings.
The plan also outlines strategies to maximize the use of City-owned land for both 100% affordable and mixed-income housing, including housing co-located with public facilities such as libraries and schools.
May 28, 2026
