Listen Live on  
 

WOR 710

New York's New 710, WOR
 
 

De Blasio Set to Release Affordable Housing Plan

 
De Blasio Set to Release Affordable Housing Plan
Posted Monday, May 5th 2014 @ 10am

The struggle to afford housing in New York City is being assessed and Mayor Bill de Blasio is coming up with a 10-year plan to create or preserve 200,000 affordable housing units in New York City, according to PIX11. De Blasio is expected to release his plan of action today.

A study done by New York University found that the median rent in NYC rose 11% between 2005 and 2012, while the median household income rose just 2%.

READ MORE

Source: PIX11

Photo Credit: Getty Images

Recommended Stories

More from WOR 710

*