New York, NY –
Mayor Bloomberg and Governor Paterson are trumpeting what they call the nation's first affordable housing developments to be built with federal stimulus funds.
Three developments in Harlem, and a fourth in East New York, will use $60 million in federal funds to create more than 700 units of affordable housing.
BLOOMBERG: We're dedicating these federal dollars towards reviving projects that otherwise would've been abandoned in the economic downturn.
REPORTER: According to John Rhea, the head of the New York City Housing Authority, the projects will generate more than 2,800 construction jobs over the next two years.
Arun Venugopal is a reporter and the creator of Micropolis, WNYC’s multi-platform series examining race, sexuality, religion, street life and other issues that define New York City. He has been with the station since 2005, and has covered a wide range of stories, including the death of Sean Bell, the controversy over the Park 51 mosque and community center and Occupy Wall Street .
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