Not started
H
HousingFully Fund Neighborhood Pillars
Fully funds the Neighborhood Pillars program to acquire and preserve distressed housing.
Date Promised
February 3, 2025
Owner Agency
Department of Housing Preservation and Development
Requires State Action
NoLast updated: January 2, 2026
Overview
• Fully fund the Neighborhood Pillars program with $1 billion in city capital funding.
• The program finances nonprofit acquisition of distressed rental housing to keep homes permanently affordable.
• The plan targets preserving up to 20,000 homes over ten years, restoring capacity reduced by earlier cuts to housing preservation funding.