Mayor touts affordable housing progress
Mayor Bill de Blasio touted Thursday the city's progress toward achieving his affordable housing goals.
The mayor says 21,963 affordable housing units were either built or preserved in 2016, a 25-year high.
In 2014, de Blasio pledged to create 200,000 units to rent for less than market value over the span of a decade. He says the 2016 numbers show his plan is on budget and ahead of schedule.
But statistics appear to dispute the mayor's claim. Just 33 percent of the 2016 units were in new developments, shy of the 40 percent target in his long-term housing plan.
The mayor also attacked gentrification for pricing longtime residents out of neighborhoods like Williamsburg, an issue that some of his critics have held up as a major impediment to the expansion of affordable housing.
But the mayor also has his share of critics, who say his 10-year housing plan inadequately serves the truly poor -- like the more than 60,000 homeless New Yorkers.
The most recent affordable housing units cost between $600 and $3,400 a month in rent.