A new type of housing initiative kicking off in New York City seeks to address two major problems facing the U.S. today: The lack of widespread, high-speed broadband access for low-income residents, and the need to more widely deploy clean energy technologies.
Why it matters: The project is a unique marriage between two of the Biden administration’s top infrastructure policy goals, except on a local level.
Driving the news: Using funding from the NY Green Bank and New York State Housing Finance Agency, the Workforce Housing Group — a New York-based affordable housing development organization — is set to launch a project involving about two-dozen buildings in New York City.
- These buildings will capitalize on the cost savings of solar power to bring high speed broadband and WiFi access to residents who might not be able to afford it otherwise.
- One goal of the project is to improve low-cost, high-speed internet access to residents of affordable housing units in East New York, Bedford-Stuyvesant and Crown Heights, according to an announcement set to be made Tuesday.