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Rent Guidelines Board Approves Mamdani’s 1M-Unit Rent Freeze

By Drooid · · How we work

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  • Mayor Zohran Mamdani's rent freeze was approved by the Rent Guidelines Board in June.
  • Mamdani pledged to freeze rents for roughly 1 million rent-stabilized apartments.
  • On October 1, Mamdani placed 12 low-output neighborhoods into the Affordable Housing Fast-Track program, effective January.
  • His Block by Block plan seeks 200,000 new and 200,000 preserved affordable homes, backed by $22 billion five-year capital.