Enterprise has released a new report showing the impact of long lease-up times on affordable housing in New York. We find that it takes over 14 months to lease-up a new affordable housing building, with timeframes and delays well beyond the national average. We highlight recommendations to speed up move ins to benefit New Yorkers in need of a home, and struggling owners of affordable housing.

Testimony of Patrick Boyle, Senior Director of Policy and Communications at Enterprise New York to the New York City Council Committee on Land Use at their public hearing on bills impacting affordable housing on November 19, 2025.