Mayor Bill de Blasio was right to focus on the critical issue of affordable housing today. New Yorkers from all walks of life need to be able to put down roots in our city, and that is becoming increasingly difficult as rents rise and wages stay flat for too many working families.
I look forward to learning more specifics of the Mayor’s plan, including issues related to affordability thresholds, subsidies like 421a, and infrastructure investments that will have to be made to support the planned growth. The success of the Mayor’s blueprint will depend on leveraging each of these tools to build up new communities and strengthen existing ones.
Many of the Mayor’s proposals are initiatives I have long supported, such as raising the minimum wage and expanding Bus Rapid Transit and ferry service throughout the boroughs. I also strongly support the Mayor’s push to end homelessness for military veterans in our City and look forward to working with the Administration to advance a policy agenda that attacks the City’s homelessness crisis.
In the coming days, I will be reviewing the details of the Mayor’s proposals as presented in the Preliminary FY16 budget.