Shaun Donovan Quotations

By creating ownership, you are giving moderate income residents a financial stake in their neighborhoods, so they benefit from the improvement rather than be hurt by it.

What's really different here is that we are changing the rules. We're saying the developer who wins is the one with the most affordability.

A decade or two ago, the market was not strong enough for new market-rate development to work in East New York; today it does. And with low interest rates, you see lots of market-rate construction that is affordable to people making roughly an average income for New York City.

A crisis is a terrible thing to waste.

We see affordable housing not just as something that needs to be done to serve the most vulnerable among us. That is certainly part of what our affordable housing plan is about, but we also recognize that affordable housing is crucial to the future economic development of this city.

The city will not tolerate residents living in inhuman conditions.