New York City’s Comptroller and Pension Trustees have pledged $300 million in new capital to support the development of union-built housing in the city. The funding initiative, announced in partnership with the New York City Central Labor Council, AFL-CIO, aims to address housing affordability while creating jobs through union labor. The move highlights a collaboration between public finance and organized labor to expand housing opportunities. Details on how the funds will be allocated and the scale of projects planned remain under discussion.
Comptroller Levine and Pension Trustees Commit $300M in New Capital to Fund Union-Built Housing in New York City New York City Central Labor Council, AFL-CIO
