New York State to Finance 1,000 Affordable Homes for Seniors

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The governor explained that they chose to implement the initiative in central Brooklyn because it is “one of the poorest and most distressed communities in the state of New York.”

Furthermore, Cuomo said his administration will execute the Vital Brooklyn Initiative properly. “We’re gonna take the entire region and plan it all as one — working with our local elected officials…,” he stated.

Meanwhile, Lt. Gov. Kathy Hochul said, “Our state’s Vital Brooklyn Initiative continues to move forward with innovative solutions to boost affordable housing in central Brooklyn.”

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“Affordable housing is an integral part of our strategy to improve the quality of life for all New Yorkers and especially senior citizens,” Hochul said. “Today’s announcement is an important investment to ensure a stronger future for Brooklyn.”