Bill Requires Units for Homeless in City-Backed Projects

As New York City grapples with record numbers of homeless people, city officials have agreed to force developers of designated low-income projects to set aside 15 percent of the units for the homeless. The requirement will be the centerpiece of a bill that has broad support among City Council members. The legislation, which applies to rental buildings with more than 40 units, is estimated to add roughly 1,000 new apartments for the homeless a year, almost doubling the 1,300 apartments that are currently under development.

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