In 2024, New York State Homes and Community Renewal (HCR) achieved unprecedented progress in creating housing opportunities for all New Yorkers through a landmark state budget agreement. HCR was instrumental in creating a historic $500 million capital fund to create 15,000 new homes on state land, $600 million in new funding to boost housing supply statewide, and a groundbreaking $1 billion commitment to support NYC's goal of 80,000 new homes. 

From expanding protections for renters and homeowners to launching innovative programs like Pro Housing Communities, we're building sustainable, inclusive neighborhoods with access to quality schools, jobs, and amenities – making New York a place people are proud to call home for generations to come.

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