City Council secures $5B affordability investments following revised ‘City of Yes’ housing plan

NOTE FROM THE EDITOR: Advance/SILive.com started the Tipping Point? journalism project to educate Staten Islanders on the potential effects of NYC’s City of Yes for Housing Opportunity proposal on the borough. In light of the city’s housing scarcity, the plan, which the City Council will vote on this year, calls for major zoning changes intended to encourage the construction of new residences and apartments.

New York’s Staten Island — As local lawmakers continue to collaborate with the mayoral administration to execute the largest housing plan in the city’s history, New York City will invest billions of dollars to boost house ownership and increase housing affordability.

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