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Mamdani’s plan to build 200,000 affordable homes has a catch: half of them are not for the lowest-income New Yorkers

Mamdani's plan to build 200,000 affordable homes has a catch: half are not for the lowest incomes.

Mamdani’s plan to build 200,000 affordable homes has a catch: half of them are not for the lowest-income New Yorkers
Mayor Zohran Mamdani, whose housing plan promises 200,000 affordable homes.
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Mayor Zohran Mamdani has put out the biggest housing pledge City Hall has made in years, and the headline number is enormous. The fine print is where it gets complicated: only half of the newly financed apartments he is calling affordable are reserved for the lowest-income New Yorkers, and to qualify for the deepest-affordable tier you have to earn under about $45,810 for a family of three.

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Featured image: Metropolitan Transportation Auth / CC BY 4.0, via Wikimedia Commons

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