Shaun Donovan Quotes on Cities (2 Quotes)

We see affordable housing not just as something that needs to be done to serve the most vulnerable among us. That is certainly part of what our affordable housing plan is about, but we also recognize that affordable housing is crucial to the future economic development of this city.

A decade or two ago, the market was not strong enough for new market-rate development to work in East New York today it does. And with low interest rates, you see lots of market-rate construction that is affordable to people making roughly an average income for New York City.