Affordability

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Farah Louis Introduces SCRIE, DRIE Expansion

A new bill introduced by New York City Council Member Farah N. Louis would expand access to the City's SCRIE and DRIE rent freeze programs by increasing the household income eligibility limit to $75,000. The proposal aligns New York City with recently approved state legislation and is intended to help more seniors and New Yorkers with disabilities remain in their homes despite rising housing costs. Supporters say the measure would reduce displacement, strengthen housing stability, and provide financial relief to residents living on fixed or limited incomes while maintaining reimbursement protections for landlords.

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Homeownership 101 Workshop for First-Time Homebuyers

A free Homeownership 101 Workshop will be held on Saturday, July 25, in East New York to help first-time homebuyers better understand the homebuying process. Hosted by 60th Assembly District Leader Michael Rosendary in partnership with Heather-Sky McField and Mylah's Organization Inc., the workshop will cover mortgage basics, financial readiness, credit, financing options, and practical steps toward achieving homeownership in New York City.

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Nikki Lucas Introduces Bill for 10% Self-Checkout Discount

OFFICIAL PRESS RELEASE

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$255M River Commons to Deliver 328 Bronx Homes

A major redevelopment project is moving forward in the South Bronx that will combine affordable housing, expanded medical services and community amenities on the campus of NYC Health + Hospitals/Gotham Health, Morrisania. The development will create 328 affordable and supportive apartments, new health care facilities, public open space and neighborhood-serving community organizations, with completion expected in 2027.

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NYC Rent Board Approves Historic Rent Freeze

The Rent Guidelines Board's annual vote is one of the most closely watched housing decisions in New York City because it directly affects the rent that can be charged for millions of residents living in rent-stabilized apartments. Each year, the board reviews financial data on building operating costs, inflation, maintenance expenses, and tenants' economic conditions before determining whether rents should increase, decrease, or remain unchanged for lease renewals. This year's vote drew heightened attention following the election of Mayor Zohran Mamdani, who pledged during his campaign to pursue a rent freeze as part of a broader effort to address the city's affordability challenges.

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Housing Lottery Opens for 91 Brooklyn Apartments

Applications are now being accepted for 91 apartments at Botanic Heights, a newly constructed residential development in Crown Heights. Available through New York City's Affordable Housing Lottery program, the apartments include one- and two-bedroom units for eligible households. The application deadline is July 28, 2026.

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20 Affordable Downtown Brooklyn Apts Available

New Yorkers seeking affordable housing have a new opportunity in Downtown Brooklyn as applications are being accepted for 20 income-restricted apartments at 165 Willoughby Street. The development offers modern studio and two-bedroom homes with a range of residential amenities and convenient access to transit, employment centers, shopping, and entertainment. Eligible households earning between approximately $75,669 and $146,560 annually may qualify, with applications being accepted through NYC Housing Connect until June 29, 2026.

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Rep Yvette Clarke Introduces Bill to Fix Housing Eligibility

For years, housing advocates have argued that the federal Area Median Income (AMI) formula often fails to reflect the financial realities facing working families in high-cost cities like New York. As affordable housing developments continue to use AMI benchmarks to determine rents and eligibility, many residents find themselves earning too much to qualify for assistance but too little to comfortably afford market-rate housing. Congresswoman Yvette Clarke's newly introduced legislation seeks to address that disconnect by reevaluating how AMI is calculated and exploring reforms that could make affordable housing programs more accessible to the households they were originally designed to serve.

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Jeffries Slams GOP Budget Over Affordability

House Democratic Leader Hakeem Jeffries joined House and Senate Democrats to oppose the Republican budget proposal, arguing it fails to lower the cost of living for working Americans while benefiting wealthy interests and enabling corruption. Jeffries called for policies focused on affordable healthcare, lower housing and grocery costs, humane immigration reform, and stronger economic protections for middle-class families, while criticizing Republican priorities on spending, immigration enforcement, and healthcare.