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Neighborhoods: Affordable Housing

As Mayor, Mike Bloomberg created the largest affordable housing program in the country, with 175,000 affordable housing units constructed or preserved between 2002 and 2013. Through innovative policies like “inclusionary zoning,” the Mayor created new incentives for the development of affordable housing.

  • Largest affordable housing program in the US.
  • Foreclosure rate under .6% in New Housing Marketplace homeownership units.
  • Rental housing stock highest quality ever.