New York’s $3 Billion Project for the Homeless

by San Antonio Attorney

Mayor Bill de Blasio invested in a $3 billion project to help the homeless, as reported by the Wall Street Journal.

The plan is called Supportive Housing and it renders aid in finding affordable homes and also provides medical care and substance abuse counseling.

Supportive Housing’s objective is to “aggressively combat homelessness” and create an addition of 15,000 homes over the next 15 years.

Although the full development of this project will take time as it is still in the planning stage.

Blasio approved the fund of $3 Billion dollars and this will also provide tax incentives to the developers.  These developers will also include affordable units with new developments.

The developers will receive as much as $1 billion worth of subsidies.

Out of the 59 community boards were plastered around the city, at least 22 communities expressed their opposition for the initiative, according to the New York News.

These boards were placed in Queens and the Bronx of New York.

The thumbs down votes were distributed evenly in areas: 12 opposed it out of 14 in Queens and 8 opposed out of 12 in the Bronx.

Melinda Katz, the president of Queens Borough and one of the members of the community opposing the initiative, said that they are concern about the plan as it could replace current housing projects that are affordable with houses that are considered reasonably priced but are not actually affordable to the existing residents.

The community board vote may not put weight since it only serves as an advisory but it can serve as leverage for the City Council votes to allow expansion of the project through zoning changes.

The City Council has the power to refer to the turn-out of the votes as a valid reason to stop the project during the upcoming meeting in February 2016.

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