(September 28, 2022 at 2:50pm)

QUEENS, NY – Queens Borough President Donovan Richards Jr. stated the following regarding the status of Innovation QNS.

I’ve been clear throughout this long and often frustrating land use process that the development team behind Innovation QNS needed to put forth a steadfast commitment to true affordability. I believe today’s announced compromise of setting aside 40 percent of the project’s units — approximately 1,100 homes — as permanently affordable, while ensuring approximately 500 of those units are available at 30 percent of the area median income, represents significant progress toward exactly that,” said Borough President RICHARDS. “With Astoria and New York City as a whole in the throes of a housing crisis, we must set a new standard when it comes to ensuring private development provides significant public benefits to the communities they seek to call home. I thank the development team behind Innovation QNS for its partnership in bringing true and deep affordable housing to Queens.”

Follow the Office of the Queens Borough President via @QnsBPRichards on Twitter and @QueensBPRichards on Facebook and Instagram