City Council approves largest ever affordable housing project in Queens after NYCFC soccer stadium
A projected 1,436 or 45% of the 3,190 units for the $2 billion “Innovation QNS” complex will have “affordable” rents to accommodate lower and moderate income tenants.
That figure includes 825 units for extremely or very low-income households or those living in the homeless shelter system.stadium/affordable housing development in Queens’ Willets Point near the Mets’ Citi Field ballpark. The $780 million soccer arena for the New York City Football Club will be privately financed and also includes a hotel along with 2,500 affordable apartments.A projected 1,436 or 45% of the 3,190 units for the $2 billion “Innovation QNS” complex will have “affordable” rents to accommodate lower and moderate income tenants.“This is exactly the kind of historic work we must do to tackle the housing shortage at the root of our affordable housing crisis,” the mayor said.
The developers will also set aside $2 million for free legal services to protect neighboring tenants from displacement — in what is one of the city’s hottest, gentrifying neighborhoods. The $2 billion development will overhaul a five-block industrial area that includes the Museum of the Moving Image.
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