Photo courtesy of edwardhblake on Flickr
February 7, 2024
New York lawmakers propose new state agency to build affordable ‘social housing’
New York lawmakers want to create a new publicly-funded agency to address the state's ongoing affordable housing crisis. State Sen. Cordell Cleare and Assembly Member Emily Gallagher on Tuesday introduced a bill proposing the creation of the Social Housing Development Authority (SHDA), a new agency that would use state money to finance the creation of permanently affordable, 100 percent union-built housing, instead of relying on private developers. According to City Limits, SHDA would create "social housing," a term used to describe developments typically owned by public entities, non-profits, or the residents themselves.
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