Adams Administration Celebrates Achievement of ’24 in 24′ Affordable Housing Initiative
Mayor Eric Adams recently announced the achievement of his office’s “24 in 24” plan, a commitment to advance 24 affordable housing projects on public sites within 2024. In total, the city advanced 26 projects across all five boroughs, creating, or preserving over 13,000 affordable housing units. The initiative was created to address New York’s ongoing housing crisis, marked by a 1.4 percent rental vacancy rate.