New York City is facing an affordability crisis that impacts middle-income households significantly. A report indicates that 39 percent of eviction orders from 2021 to 2024 target this demographic, marking a 12 percent increase from earlier years. Between 2020 and 2022, around 400,000 residents, primarily from New York City, relocated due to high living costs. Reviving the Mitchell-Lama program, which provided over 100,000 middle-income apartments from 1955 to 1981, could stabilize housing costs and support middle-class families in the city.
"Mitchell-Lama was one of New York's most successful projects, and the time has come for us to do it again."
"39 percent of eviction orders between 2021 and 2024 have been directed to middle-income households. This is a 12 percent increase from pre-pandemic years."
"Between 2020 and 2022, over 400,000 people left the state, 94 percent of whom were from New York City, many of whom were middle and working-class people."
"The Mitchell-Lama initiative successfully built over 100,000 middle-income apartments, stabilizing housing costs and preventing a middle-class exodus from New York City."
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