The article discusses the critical importance of affordable housing in New York City as a major concern for voters in the 2025 Democratic mayoral primary. Candidates are presenting plans addressing the housing crisis, including expanding housing supply and supporting tenant retention. Mayor Eric Adams has a goal of creating 500,000 new housing units through the City of Yes for Housing Affordability plan, which reforms zoning regulations to enable development and allocates $5 billion for affordable housing initiatives. Collaboration with City Council and developers is crucial for success.
"Eric Adams has set a 'moonshot goal' of building 500,000 new housing units in New York City over the next decade, aimed at addressing the affordability crisis."
"The City of Yes for Housing Affordability plan, passed by City Council, represents a significant overhaul of outdated zoning regulations, facilitating new housing developments throughout the city."
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