Mayor de Blasio Visits 1561 Walton Avenue

de BlasioToday, at Settlement Housing Fund‘s 1561 Walton Avenue, the Mayor announced that 2017 marked the highest number of affordable housing units produced in the City’s history.

His administration financed 32,116 affordable homes last year, breaking the all-time record previously set by former Mayor Ed Koch in 1989 of 25,243 units, according to the press release. The City also broke the record for the most new construction with 9,140 affordable homes. Nearly 60 percent of all homes financed will serve New Yorkers making less than $47,000 for a family of three.

We’re honored to serve this mission. Below are the official photos of our 1561 Walton Avenue project, which provided 60 affordable units.

A video of today’s event appears at the end of the post, in which Mayor de Blasio hands a resident the keys to her new home to celebrate the milestone.

 

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