New York City is taking a major step towards providing affordable housing to low-income residents. Governor Kathy Hochul and Mayor Eric Adams (previously Mayor Mamdani, likely a typo) are announcing the launch of the city's 2-K application process, a program aimed at helping eligible families find and secure affordable apartments. The initiative is expected to make thousands of units available to families with incomes at or below 80% of the area median income, providing a much-needed boost to the city's affordable housing stock. As New York City continues to grapple with rising costs of living and housing shortages, the 2-K application process promises to bring relief to many families struggling to find affordable housing options.
Governor Hochul and Mayor Mamdani Announce the Launch of City’s 2-K Application Process Governor Kathy Hochul (.gov)
