Can NY’s plan to convert hotels into affordable housing help alleviate homelessness? Some hope it will. ...Middle East

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Can NY’s plan to convert hotels into affordable housing help alleviate homelessness? Some hope it will.
The former Park 79 Hotel on Manhattan's Upper West Side has been converted into affordable housing for seniors. Lawmakers in Albany have doubled the amount of funding meant to incentivize developers to convert disused hotels into low-cost housing and removed regulatory hurdles. But questions remain over whether it’s enough to make a difference. [ more › ]

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