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Mayor Michael R. Bloomberg is closing in on a milestone: building or preserving 165,000 city-financed apartments and houses for low-, moderate- and middle-income families, the goal of a $7.5 billion housing plan he announced in 2002 and expanded in 2005.
Alan Ceballos at his building in the Bronx. He lives in a subsidized two-bedroom apartment for about the same price that he payed previously for a market-rate one-bedroom.
It has already financed the creation or preservation of 94,000 units, including 72,000 for low-income households, city officials say.
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