Housing & Real Estate Data retrieved 2026-07-16
City-financed affordable housing
Homes the city financed under its affordable-housing plans, counted at project start, new construction and preservation together.
29,721
affordable homes in projects the city financed in 2025
The peak year so far is 2018, at 34,823 homes; the slowest was 2022, at 16,465. Since 2014 the programs have financed 310,502 homes in all.
The numbers behind this chart
| Year | Affordable homes financed by the city, by project start year |
|---|---|
| 2014 | 19,629 |
| 2015 | 21,155 |
| 2016 | 22,344 |
| 2017 | 24,789 |
| 2018 | 34,823 |
| 2019 | 25,442 |
| 2020 | 30,170 |
| 2021 | 27,487 |
| 2022 | 16,465 |
| 2023 | 29,138 |
| 2024 | 29,339 |
| 2025 | 29,721 |
The key years
What this counts
Homes in projects the Department of Housing Preservation and Development financed under the city's affordable-housing plans (Housing New York and its successors), counted in the calendar year the project started. Both newly built and preserved homes count; preservation means the city paid to keep an existing home affordable.
What it does not say
- Financed is not finished: units count at project start, and completion comes years later.
- Preservation deals are most of many years' totals, so this is not a count of new buildings.
- HPD restates the dataset as projects change, so past years move between downloads. HPD's own report cards use July-to-June fiscal years; this chart uses calendar years of the same building-level data.
The questions New Yorkers actually ask
How much affordable housing does NYC build a year?
In 2025, the city financed projects containing 29,721 affordable homes, per HPD's production data. The busiest year since 2014 was 2018 (34,823 homes), the slowest 2022 (16,465).
The numbers move. We watch them.
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