Social housing, prevalent in socialized European countries, generally refers to public, cooperative, or non‑profit housing offered at below‑market rents. It is designed to support low‑income households, vulnerable groups, and increasingly middle‑income earners squeezed by rising housing costs.
Providers include municipalities, housing associations, cooperatives, and non‑profits funded by tax payers.
Social housing rarely leads to private home ownership. It is designed to be long-term rental, not a pathway to home ownership.
Here, at home, in the 119th Assembly District, Oneida County commissioned a housing market and inventory analysis with a company called Urban Partners, LLC. This company partners and models their recommendations in alignment with socialized European countries.
The proposed NYS budget includes a capital strategy of $32 billion funding for:
- New Affordable Housing Units
- Preservation of existing affordable housing inventory
- Development of supportive housing
- Rehabilitation and energy efficiency upgrades
It is important for the residents of the 119th to have a clear perspective of this and elect an assembly representative who will represent them, not corporations and foreign interests.
I support creating opportunity for all people of every economic status to experience the American dream of building generational wealth through private home ownership; not paying rents to governments and private corporations.
