Report | Apr. 2013

Good Place to Work Hard Place to Live: The Housing Challenge for New York City’s Next Mayor

Thomas J. Waters, Victor Bach

Summary: One of the most serious challenges facing the next mayor of New York City is the dwindling supply of housing affordable to low-income New Yorkers. The city's economy continues to generate large numbers of low-wage jobs, yet neither the private market nor affordable housing subsidy programs are producing enough apartments to house the low-income population as it grows both in absolute numbers and as a share of the total population. This report provides a detailed look at the state of New York's public and subsidized housing stock as the next mayor will inherit it; and offers concrete recommendations for strengthening the city's affordable housing resources.

Issues: Affordable Housing, Vote2013