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Mayor launches $22 B plan for 50,000 affordable homes

8/7/2026

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Story summary
  • Mayor Zohran Mamdani broke ground on a plan for 50,000 affordable homes on 100 sites.
  • He launched the Land Inventory Fast Track (LIFT) program with three executive orders and a real-time tracker map.
  • The $22 billion five-year housing budget, including $5 billion for the first two years, funds Orion in Queens (1,000 homes, 650 income-restricted) and Casanova Residence in the Bronx (96 units, 58 for homeless, with case management and free broadband).