Governor Kathy Hochul and Mayor Eric Adams today launched the Future Housing Initiative, a new partnership investing $15 million to fast-track the creation of 3,000 energy-efficient and all-electric affordable homes in New York City. The new effort is a significant step toward goals outlined in the state Climate Leadership and Community Protection Act — including reducing greenhouse gas emissions 85 percent by 2050 and delivering 35-40 percent of the benefits of clean energy investments to disadvantaged communities — as well as the city's green building goals under Local Law 97.

"With the Future Housing Initiative, we're taking a major step forward in our commitment to ensure a more sustainable, affordable, and equitable future for New Yorkers," Governor Hochul said. "I'm proud to partner with Mayor Adams on this critical effort, which will help us reach our nation-leading climate goals, improve access to affordable housing in our communities, and build a healthier, greener New York for all."

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