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NYC City Council Approves Mandatory Citywide Five-Year Housing Plan

  • When: 2025/10/09
  • Address: Citywide
  • City: New York
  • State: NY
  • Category: Affordable Housing
  • Subcategory: Affordable Housing Development
  • Asset Class: Multifamily

The City Council of New York passed Int. No. 1249-2019, which mandates the creation of a comprehensive citywide housing plan every five years. This plan will assess housing needs across all income levels, identify strategies to address housing shortages, and promote equitable housing development. It requires collaboration between various city agencies and includes provisions for public input and regular reporting to the City Council. The primary goal is to ensure the availability of safe, affordable, and quality housing for all New Yorkers.

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