Advocates’ $4 Billion Plan Urges Cuomo to Fund More Supportive and Senior Housing

A coalition of 10 affordable-housing groups laid out a $4 billion, five-year plan Thursday that was timed to pre-empt Gov. Andrew Cuomo’s annual State of the State speech next month.

The proposal includes a request for Albany to fund the creation of 20,000 units of supportive housing, apartments geared toward veterans, homeless or tenants with substance abuse problems, and a new $250 million program to encourage more senior housing.

“We wanted the governor to know what the industry is thinking,” said Jolie Milstein, head of the New York State Association for Affordable Housing, a trade group representing for-profit affordable housing developers that is one of the 10 organizations backing the plan. Several firms that finance affordable-housing projects, including The Community Preservation Corp., and policy groups, such as the senior-focused AARP and Center for New York City Neighborhoods, were also part of the coalition.