"Proposals 2 through 5 are common-sense, targeted reforms that will help us build the smaller, more affordable housing New Yorkers need-across every borough. As I travel across the city and talk to New Yorkers in every borough, I hear over and over again the anguished stories of families who can't afford the rent. Parents who fear their children will never be able to live in the neighborhood they grew up in."
"For low-income families, the stakes are heartbreaking. Sky-high rents are driving our homelessness crisis. Families are in shelters today because they can't afford a home. And it's not just impacting low-income households. Nurses, teachers, bus drivers and middle class New Yorkers are getting priced out of the boroughs where they live, work and raise a family. There's no skirting the truth: we need more housing."
Proposals 2–5 are presented as targeted reforms to build smaller, more affordable housing across every borough. New York faces the worst housing affordability crisis in the city's history, with skyrocketing rents driving homelessness and forcing families into shelters. Middle-class workers such as nurses, teachers, and bus drivers are being priced out of the boroughs where they live and work. The citywide vacancy rate is just 1.4 percent, leaving only about one in 100 apartments available. Four November ballot measures aim to strengthen the ability to build more, faster, and better homes to address this shortage.
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