The zoning plan allows residential development in areas currently zoned for commercial and manufacturing uses, creating a vital opportunity for housing amid the Bronx's pressing poverty and housing shortage.
This groundbreaking initiative will benefit our borough by creating thousands of new jobs, improving transit access for commuters, and infusing the East Bronx with much-needed housing units.
With the Bronx having the highest poverty rate at 24.4%, the creation of 1,700 permanently income-restricted homes is a critical step towards alleviating housing insecurity.
This rezoning is a significant step in addressing our housing shortage, enhancing both community resources and public spaces in a historically underserved area of the city.
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