Signed, sealed, delivered: Mayor Adams signs monumental ‘City of Yes’ housing proposal into law

By Jada Camille

Posted on December 18, 2024

Mayor Eric Adams officially signed the ‘City of Yes for Housing Opportunities’ into law during a ceremony on Wednesday, the last stop of a long campaign for zoning reform aimed at ending the ongoing housing crisis.

The initiative is set to create 82,000 new homes over the next 15 years and involve a substantial $5 billion investment in infrastructure to support affordable housing and tenant protection across all five boroughs.