De Blasio Presents $2.6 Billion Housing Plan for New York City's Needy

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New York City Mayor Bill de Blasio announces a new initiative for public housing for homeless people on Nov. 18, 2015.

Photographer: Andrew Burton/Getty Images
  • Mayor plans to add 15,000 units for the homeless and others
  • Fifteen-year program funded with city money, private sources

New York Mayor Bill de Blasio, who has faced declining voter approval of his handling of homelessness, presented a $2.6 billion plan to increase supportive housing for residents in need, including families on the street, veterans and domestic-violence victims.

The program will add 15,000 units over 15 years. The city will spend $1 billion, of which $380 million has already been budgeted through Housing New York, a previously announced plan to create 200,000 units of affordable housing over a decade. The rest of the cost will be covered with tax credits and private sources, de Blasio said in a statement Wednesday.

Supportive housing is affordable housing with social services, including mental-health treatment and substance-abuse programs. It reduces reliance on homeless shelters, hospitals, mental-health institutions and jails, according to the mayor’s statement.  
 
“Every person in supportive housing and on the road to wellness is one fewer person in a city hospital, prison or shelter,” he said.

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