October 24, 2017
CAMBA was honored to welcome Mayor de Blasio to CAMBA Gardens II for his press conference on Affordable Housing on Tuesday, October 24th.
The Mayor announced that his affordable housing plan would reach its goal of building or preserving 200,000 below-market-rate apartments by the end of 2022, two years ahead of schedule. He also announced his goal to add an additional 100,000 affordable units by 2026.
Mr. de Blasio spotlighted CAMBA Gardens and the 293 apartments built for low-income New Yorkers and those needing supportive housing. He announced that the city would invest in a fund to help nonprofit groups buy buildings with affordable apartments.
Juliet Joseph, one of the lottery winners for an affordable apartment at CAMBA Gardens, spoke at the Conference, expressing her gratitude for having the opportunity to raise her children in such a welcoming environment. Prior to the lottery, Joseph and her three children had been doubled up with her mother.
Between CAMBA Gardens I and II, 502 units of permanent, sustainable supportive and affordable housing have been created, representing over $167MM in public private investment.
Joanne Oplustil, President and CEO of CAMBA, said: “We’re incredibly proud to partner with the city and very excited that New York is set to exceed its affordable housing goals. CAMBA Gardens II is a perfect example of what can be created when innovation meets initiative. CAMBA/CAMBA Housing Ventures looks forward to developing and preserving affordable housing in New York City to accomplish Mayor de Blasio's housing goal. Thanks to the Mayor’s good efforts, more people can be served by this and other innovative programs within the next few years.”
The New York Times
News 12 Brooklyn