New York City’s affordable housing crisis has reached emergency levels, particularly in Brooklyn, where more than 1/3 of all households are spending more than 50% of their income on housing.
Without safe and stable homes, children fall behind in school, parents can’t work and community health is put in jeopardy. By 2020, CAMBA Housing Ventures will build or preserve 2,500 units of sustainable, affordable housing.
We have, and will continue to:
- Expand our preservation portfolio, targeting units at risk of becoming unaffordable or unlivable;
- Identify underutilized land for new construction of healthy, stable homes;
- Leverage public-private partnerships to invest in high need communities.