Funding Unveiled For Affordable Housing Projects To Keep Rent Down In Brooklyn
NEW YORK (CBSNewYork) -- As gentrification marches deeper and deeper into Brooklyn, people in neighborhoods like East New York are now fighting to keep their homes.
As WCBS 880's Alex Silverman reported Thursday, hundreds of residents are getting help from Borough Hall.
Funding Unveiled For Affordable Housing Projects To Keep Rent Down In Brooklyn
Julia Boyd said she sees new neighbors all around her "from Manhattan" paying far higher rents than she could ever afford.
"I have one foot in the grave and I would like to spend the rest of my remaining days where I've been for over 40 years," she said.
So, Brooklyn Borough President Eric Adams is directing more than $3 million taxpayer dollars to various projects on the leading edge of Brooklyn's housing boom.
"When these residents were waking up to gun shots and not alarm clocks, they stayed," Adams said. "They defended this community, they held onto the communities of Brooklyn, and they must have a part of Brooklyn's future."
Web Extra: List of Funding for Affordable Housing Projects
In Boyd's building, the money will pay for critical refurbishing, which otherwise would have driven the rents way up, Silverman reported.
"Hurrah and thank God that I don't have to move," she said.
