New York Initiative To Invest More Than $150 Million In Seniors Housing

November 17, 2017, Lois Bowers, McKnight's Senior Living - New York City plans to invest more than $150 million over the next 11 years to help meet the dramatically increasing housing needs of seniors under an expansive slate of new affordable housing programs, Mayor Bill de Blasio recently announced during a press conference. 

The Seniors First projects will serve 30,000 older adults — more than 25,000 than currently served by the city — by 2026, he said.

“The federal government has gotten out of the business of building senior housing, so New York City is jumping into it in a big way,” de Blasio said in a statement.  “We won't let seniors be pushed out of the neighborhoods they helped build.”

The number of seniors living in the New York City is projected to increase 40% by 2040, according to city officials.  The mayor said the Seniors First program will:

  • Spend $150 million to make 15,000 homes more accessible to older adults and people with disabilities over the next eight years.  The NYC Department of Housing Preservation and Development will assess apartments that it preserves with residents who are 62 or more years old and make updates such as installing lever door handles and shower bars and widening doors to make bathrooms and kitchens wheelchair-friendly.

  • Build new, 100% affordable housing ........ CLICK HERE TO READ MORE