Bloomberg affordable housing plan nears 100,000 units

August 25, 2009 05:13PM

In the 2009 fiscal year, the city financed 12,500 affordable housing units for low- and middle-income families, according to a press release the New York City Housing Preservation and Development’s office sent out today. The units are a part of the Bloomberg administration’s $7.5 billion New Housing Marketplace Plan, the broadest city housing plan in the U.S. Since its inception in 2004, the plan has created more than 94,000 housing units. TRD

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