Live Breaking News & Updates on Bring Mass Social Housing

Brad Lander, a New York City Council member and candidate in the upcoming election for city comptroller, is endorsing a plan to solve the city’s housing challenges through a mass program of social housing, according to a report in Bloomberg CityLab. The plan calls for the city to invest billions of dollars in buying and preserving thousands of housing units and making them “democratically owned, permanently affordable” and “removed from for-profit speculation,” according to the report. Lander calls for the city to acquire 15,000 units a year, while investing more in public housing, resident-owned co-ops, mutual housing associations, and community land trusts, the story says. In all, the plan calls for the city to build 154,000 new units and preserve 388,000 more, according to the story. ....

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