NYC announces $2.6 billion investment to fight homelessness

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.

NEW YORK (November 18, 2015) — New York City’s mayor is announcing a $2.6 billion investment to help tackle the city’s homelessness crisis.

Mayor Bill de Blasio said Wednesday that the city will use the money to create 15,000 housing units over the next 15 years.

Those “supportive housing” units would be paired with on-site social services to help domestic abuse victims, veterans and those living on the street.

De Blasio made a point to say the city was acting alone and “not waiting” on help from the state government. Negotiations had taken place between the city and state to split the responsibility for funding 12,000 units of housing. But the city will now fund the entire expansion.

Homelessness is a growing problem in New York and has taken a toll on De Blasio’s poll numbers.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.