N.Y.C. Housing Plan Moves Forward With an Unexpected $5 Billion Boost
Briefly

In an 8-to-2 vote with one abstention, the City Council's Land Use Committee approved a major plan, named City of Yes, to tackle NYC's housing crisis.
The City of Yes plan aims to ease restrictions on housing growth, allowing for the potential development of 80,000 new homes across the city.
Mayor Eric Adams' priority plan for housing reform comes at a critical time, marking a test of his influence post-indictment amid ongoing challenges.
The Land Use Committee's approval comes with slightly watered-down proposals, addressing concerns from the council members about single-family home neighborhoods while still advancing key initiatives.
Read at www.nytimes.com
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