{"id":207127,"date":"2021-03-20T19:59:12","date_gmt":"2021-03-20T16:59:12","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/how-the-next-nyc-mayor-can-guarantee-affordable-housing\/"},"modified":"2021-03-20T19:59:12","modified_gmt":"2021-03-20T16:59:12","slug":"how-the-next-nyc-mayor-can-guarantee-affordable-housing","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/how-the-next-nyc-mayor-can-guarantee-affordable-housing\/","title":{"rendered":"#How the next NYC mayor can guarantee affordable housing"},"content":{"rendered":"

“#How the next NYC mayor can guarantee affordable housing<\/strong>”<\/p>\n

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New York City mayoral candidates often make extravagant promises on affordable housing, and underproduce on results.\u00a0<\/p>\n

Back in 2013, for example, then-candidate Bill de Blasio banked on solving the city\u2019s crisis of housing affordability with Mandatory Inclusionary Housing, a policy that required developers to build affordable housing if they benefited from zoning changes.\u00a0<\/p>\n

\u201cI want to see much more aggressive policies in terms of how the city works with the real-estate industry,\u201d de Blasio said.\u00a0<\/p>\n

Indeed, once elected, he and the City Council were as good as their word \u2014 so aggressive that, in the end, few affordable housing units were built under the program, and those were mostly heavily subsidized by the city.\u00a0<\/p>\n

De Blasio has, in fact, spent extravagantly on affordable housing. However, because of his indifference, if not hostility, to private-sector unsubsidized housing development, he didn\u2019t succeed in boosting the net number of new housing units produced in the city, even in the extraordinary economic boom times that lasted into early 2020.\u00a0<\/p>\n

The city\u2019s housing crisis persists, only temporarily ameliorated by recession. With strong economic growth forecast in 2021, the usual experience of too many households chasing after too few available housing units will likely happ<\/a>en again after the next mayor takes office in January of 2022.\u00a0<\/p>\n

The new mayor will need different and more effective housing policies. A new report<\/a> as part of the Manhattan Institute\u2019s Mayoral Playbook<\/a> series<\/a> looks at what those policies should be.\u00a0<\/p>\n

\"The
The city should take advantage of the development potential of land controlled by the New York City Housing Authority in high-value neighborhoods.\u00a0<\/figcaption>
Stephen Yang for NY Post<\/span><\/figcaption><\/figure>\n

The report groups its policy recommendations into five large points.\u00a0<\/p>\n