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New York

Report: City faces affordable housing crisis

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New York landlords are exiting two public programs at such a pace that the city faces a crisis in affordable housing, according to a report released Thursday by city Comptroller William Thompson Jr. Between 2001 and 2003, about 4,700 housing units left either the Mitchell-Lama or the Limited Dividend programs. From 2004 to now, that number, including the number of units planning to leave, spiked to 25,000. more By Tom Acitelli