Deliver a $25B, five-year plan to create or preserve 100,000 affordable homes
Executive BudgetLast updated Sep 2, 2026
The Commitment
What was promised
Deliver a $25B, five-year plan to create or preserve 100,000 affordable homes
The Record
What’s happened
FY23 budget commitment; state count reached 87,000+ homes created or preserved as of Sept 2, 2026 (state-reported), ahead of pace for the 100,000 goal.
Documentation
Evidence
governor.ny.govTimeline
News that updated this promise
- Backfill: El Hogar Residence opens in the Bronx: 83 senior apartments, 50 for formerly homeless seniors, all at or below 40% AMI; state repeats the 87,000-of-100,000 housing-plan countGovernor's officeSep 6, 2026
- Matinecock Court opens in Huntington after a 48-year fight; state now says 87,000+ of the promised 100,000 affordable homes are doneGovernor's officeSep 2, 2026
- Hochul launches $250M first phase of Buffalo's Marine Drive public-housing redevelopment — 254 units toward the 100K-home planGovernor's OfficeJul 20, 2026
- Hochul picks $1B "Hudson Landing" plan for Hell's Kitchen: 1,127 homes, 338 affordable, new Intrepid parkGovernor's Office / Commercial ObserverJul 15, 2026
- Hochul awards $270M in tax credits and subsidies for 28 affordable housing projects (1,800+ homes)Governor's Office / HCRJul 13, 2026
- Hochul housing plan hits record ~22,000 affordable homes in a yearGovernor's OfficeFeb 1, 2026
Cross-reference
Related coverage · Housing
- Backfill: El Hogar Residence opens in the Bronx: 83 senior apartments, 50 for formerly homeless seniors, all at or below 40% AMI; state repeats the 87,000-of-100,000 housing-plan countGovernor's officeSep 6, 2026
- Matinecock Court opens in Huntington after a 48-year fight; state now says 87,000+ of the promised 100,000 affordable homes are doneGovernor's officeSep 2, 2026
- Backfill: construction starts on Perry & Main, a $38M, 53-unit transit-oriented affordable development in Port Jefferson; Hochul and Mamdani announce $8.4M Queens flood-resilience mediansGovernor's officeAug 28, 2026
- Construction starts on Parkway Gardens, a $33M, 71-unit public housing redevelopment in UticaGovernor's OfficeAug 26, 2026
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