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The mayor pledged to be laser-focused on expanding housing access for all New Yorkers, including by incentivizing more development of affordable units via various zoning law changes that would need approval from the City Council.
The announcement, which was made in Hunts Point at Barretto Point Park in the Bronx, comes three months after Adams released a $140 million preliminary plan for the neighborhood that laid out $100 million in spending for the nearby Hunts Point Produce Market and $40 million in investments for the surrounding area.
Speaking to reporters in the Bronx on Wednesday, Adams said that instead of development yardsticks, the city should focus on how many people are being placed in affordable housing every year — and suggested he came to that conclusion after analyzing media coverage of his predecessor.
Mayor Eric Adams laid out a blueprint to increase homeownership, reduce street homelessness and improve public housing. But housing groups say his budget, $1 billion short of what he had promised, will not be enough.