Block by Block Housing Agenda
Sector: Government • Location: New York, United States
Source: Crain's New York Business
Mayor Zohran Mamdani's housing plan aims to build 200,000 affordable housing units over the next decade. The plan includes the creation of a city-run loan fund called the Subordinate Market Rate Revolving Term Loan program to provide financing to mixed-income projects. The fund will support projects like the overhaul of the Fulton and Elliott-Chelsea Houses, replacing 2,056 apartments and adding 3
- Status
- Prospective
- Sector
- Government, Residential
- Location
- New York, United States of America
- Updated
- 22 Jul 2026
- Source
- Crain's New York Business
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Project Information
Participants
| Not available for this record. |
Status
Original status | planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Mayor Zohran Mamdani's housing plan aims to build 200,000 affordable housing units over the next decade. The plan includes the creation of a city-run loan fund called the Subordinate Market Rate Revolving Term Loan program to provide financing to mixed-income projects. The fund will support projects like the overhaul of the Fulton and Elliott-Chelsea Houses, replacing 2,056 apartments and adding 3,500 mixed-income homes including 1,000 permanently affordable apartments. Revenue from market-rate units will replenish the fund for future affordable housing financing. |
Original sector | Housing |
Location
Country | United States of America (USA) |
State | New York |
City | New York |
Source
Source | Crain's New York Business |
URL |
More Details
Record type | Project |
Sector | Government, Residential |
Article published date | 2026-05-29 |
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