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Why NYC Should Fund The Developers Who Stay Invested - City Limits

Summary by City Limits
“Nonprofit developers, by virtue of their governance and ownership, are the only segment of the affordable housing sector that’s required to reinvest their financial benefits of development back into their neighborhoods and people they serve.” The groundbreaking for a city-financed affordable housing project in Sunset Park, Brooklyn in 2019. (John McCarten/NYC Council) New York City’s “City of Yes” and “City for All” initiatives and the state’s …

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Why NYC Should Fund The Developers Who Stay Invested - City Limits

“Nonprofit developers, by virtue of their governance and ownership, are the only segment of the affordable housing sector that’s required to reinvest their financial benefits of development back into their neighborhoods and people they serve.” The groundbreaking for a city-financed affordable housing project in Sunset Park, Brooklyn in 2019. (John McCarten/NYC Council) New York City’s “City of Yes” and “City for All” initiatives and the state’s …

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Bias Distribution

  • 100% of the sources lean Left
100% Left

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City Limits broke the news in on Wednesday, July 23, 2025.
Sources are mostly out of (0)
Stories disproportionately reported by the Left or the Right

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