NYC council passes housing legislation
The New York City council has passed legislation to try and help with the severe housing shortage.
The new law requires the Department of Housing Preservation and Development and the Department of City Planning to come up with local housing production goals for every community district every five years. Council Speaker Adrienne Adams says this will help solve the problem of some districts not pulling their weight.
"Too many neighborhoods have been able to opt out of building affordable housing while others have shouldered more of the responsibility."
The legislation requires strategies to increase housing production in high-opportunity districts and identifying housing investments for underserved neighborhoods.