Affordable Housing Metrics | FY 2023 | FY 2024 |
|---|---|---|
Percent of new construction in low affordability areas (%) | 8% | 16% |
Percent of preservation in low-affordability areas (%) | 9%
| 2%
|
Median time to complete applicant approvals for a lottery project (days) | 262 Days | 202 Days |
Affordable Homeownership New Construction | |
|---|---|
CY 2024 | 119 Units |
Prior 5 Year Avg. | 155 Units |
FY 2023 | FY 2024 | |
|---|---|---|
Homeless households moved into affordable units in FY 2023 | 2,537 | 4,013 |
Median time to lease-up a homeless placement set-aside new construction unit | 243 days | 196 days |
Average Length of Stay in Shelter (Families with Children) | 437 days | 354 days |
Average Length of Stay in Shelter (Single Adults) | 412 days | 392 days |
Average Cost of Shelter Stay (Families with Children) | $101,559 | $95,761 |
Average Cost of Shelter Stay (Single Adults) | $59,794 | $56,409 |
Koch
Dinkins
Giuliani
Bloomberg
de Blasio
Adams
NYHCA Capital | |
|---|---|
Capital Needs | $78.3 Billion
|
CY 2021 Spending | $1.3 billion |
CY 2022 Spending | $1.1 Billion |
CY 2023 Spending | $1.1 Billion |
CY 2024 Spending | $1.0 Billion |
