On August 19, 2026, New York City released its Fair Housing Growth Strategy (FHGS) draft report. The draft report sets a city-wide target to produce 700,000 housing units by the end of 2035, including production of 350,000 housing units over the next five years, to meet the city’s population demands and create a healthier and more affordable housing market.
The draft report, which outlines the city’s first FHGS required by a 2023 law passed by the New York City Council, translates the city’s 10-year housing goals into targets and strategies the city aims to achieve by the end of 2030. The draft report’s five-year Housing Production Targets (HPTs) apply to total homes, affordable homes at all levels of income restriction, deeply affordable homes affordable to households making at or below 60% of the Area Median Income (AMI), homes reserved for homeless households, and preservation of existing homes receiving government support.
To ensure no individual neighborhood bears the burden of producing a disproportionate share of housing, the draft report categorizes the city’s 59 community districts into low, medium, and high growth categories based on the ratio of new homes developed in each community district over the past 10 years compared to the total number of homes in that community district. Each community district is then assigned a target five-year growth rate. While the assigned growth rates are not binding, they represent where the city plans to encourage housing production over the next five years.
In low growth community districts, the HPT rate is equal to the district’s 10-year growth rate plus 6.5 percentage points. In medium and high growth districts, HPT growth rates are a standard 8.75% and 10%, respectively. In community districts with limited affordable housing options, classified as Limited Affordability Areas, the draft report proposes a 25% multiplier to boost housing targets. The draft report lists proposed HPTs, including total, affordable, deeply affordable, and for households experiencing homelessness, for each individual community district.
In addition to outlining HPTs, the FHGS includes strategies to meet these targets, many of which build upon the Mamdani Administration’s comprehensive housing plan, Block by Block: The Housing Plan for a New Era. The draft report’s strategies include developing new types of housing, such as shared housing, affordable homeownership opportunities, accessory dwelling units and family-sized units, in neighborhoods with limited housing options; ensuring affordable housing is developed in Limited Affordability Areas and community districts that will be subject to Affordable Housing Fast Track; and improving quality of life through investments in infrastructure and public spaces; and providing support for vulnerable residents and New Yorkers whose housing options are most limited, such as New Yorkers requiring rental assistance or those with mobility challenges.
The FHGS draft report is intended for public comment at virtual briefings, through one-on-one conversations with team members, or through submission of written comments. The city will release the final FHGS report in October 2026, and the FHGS will be updated every five years thereafter.