New York City's housing crisis is dire and intensifying. Working-class New Yorkers are getting priced out of their neighborhoods, more people are experiencing homelessness, and over 30% of New Yorkers are severely rent-burdened, spending over 50% of their income on rent each month.
The Bronx has been a leader in adding affordable housing units, but there is a stark contrast in affordable housing production across neighborhoods, emphasizing the need for equitable solutions to address the disparities.
Zoning reforms such as the City of Yes for Housing Opportunity are crucial to overcoming barriers to housing development, especially affordable housing, in all neighborhoods, including high-opportunity areas that have lacked new housing construction for years.
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