NEW YORK, September 14, 2016–The Doe Fund, a New York City-based non-profit, today announced its support for Governor Andrew Cuomo’s memorandum of understanding to release $2 billion to create 100,000 units of affordable and supportive housing over the next five years. The memorandum is now before the New York State Senate and Assembly for action.
Approval of the memorandum of understanding would mark a major milestone in the realization of the Governor’s 5-year $20 billion plan to combat homelessness and expand access to affordable housing in New York State, which was announced earlier this year.
The Doe Fund founder and president, George T. McDonald, praised the Governor’s action as demonstrating “strong leadership, rooted in humanity.”
“Governor Cuomo’s unprecedented and continued commitment to affordable and supportive housing is critical to addressing and preventing homelessness in our city and state,” McDonald said. “The signing of today’s memorandum brings us another step closer to making New York a better place for all of us to call home –a place where everyone can live safely, securely, and with dignity. I urge the State Senate and Assembly to approve this measure without delay.”
Mr. McDonald noted the direct link between stable housing and some of the biggest challenges facing our city, state, and nation: “Ensuring that all people, and especially children, have access to affordable, safe housing is key to breaking the destructive cycles of poverty, incarceration, and homelessness that plague our poorest communities.”
The Doe Fund currently operates four affordable and supportive housing facilities in New York City for individuals and families with histories of poverty, homelessness, substance abuse, physical disabilities, mental illness, and HIV/AIDS. An additional five facilities are scheduled to open within the next three years.