New York City Council Secures $500 Million for Housing in Rezoned Bronx Districts

Published on August 7, 2024

In the latest phase of its campaign for affordable housing for lower-income New Yorkers, the city council voted on Aug. 6 to rezone the sites of Metro-North train stations scheduled for construction in the Bronx, setting aside land for an estimated 7,000 new housing units. The four planned stations are in the Bronx neighborhoods of Morris Park, Hunts Point, Parkchester/Van Nest, and Co-Op City. Along with its rezoning plan, the city council secured commitments from the municipal government for a $498.5 million investment in critical infrastructure in those districts. Of that total, $11.5 million will be used to refurbish schools and redesign sidewalks and streets adjacent to Metro-North stations. Roughly $96.7 million will be used to fix up playgrounds and parks in the area....

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