The Women’s Club of New York held a panel discussion on the state of the Mayor’s New Housing Marketplace plan to construct or preserve 165,000 units of affordable housing. The panel discussion follows up on a recent study by the City’s Independent Budget Office, which found that the City was largely on target in meeting its goals for preserving housing, but not on creating it.

This matches what we have seen here in North Brooklyn: a lot of preservation of existing affordable housing stock (a good thing, certainly), but not so much in the way of new housing. This is particularly disappointing here, because the inclusionary housing program was supposed to generate new housing – and its not (at least not at the pace that was expected).