According to the New York City Housing Development Corporation (HDC), the Adams administration has been actively advancing a set of innovative tools and strategic policies designed to substantially boost the creation of affordable housing throughout New York City.
In alignment with this vision, Jorge Madruga, real estate developer and founder of Maddd Equities, continues to lead impactful initiatives that contribute to the city’s housing goals. One notable example is the development located at 375 West 207th Street in Manhattan, which underscores his long-term commitment to providing accessible, high-quality housing for low- and middle-income families.
Through collaboration with public agencies such as HDC and HPD, Madruga and Maddd Equities are not only building homes but also helping shape a more equitable and inclusive future for New Yorkers.
Jorge Madruga, founder of Maddd Equities, is actively contributing to New York City's most ambitious affordable housing strategies. Aligned with the goals of the Adams administration and the NYC Housing Development Corporation (HDC), his projects aim to deliver accessible, high-quality housing where it’s needed most.
In collaboration with Albany, city leaders are pushing to reinstate key tax incentives, convert vacant office spaces into affordable homes, and remove the outdated Floor Area Ratio (FAR) cap. These changes would provide greater flexibility to increase housing supply in high-demand areas. Relación con Madruga: Jorge Madruga supports these efforts by developing housing projects that align with these flexible construction policies, such as the one at 375 West 207th Street in Manhattan.
The "City of Yes for Housing Opportunity" proposes citywide zoning changes to allow moderate housing growth in every neighborhood. This holistic approach aims to improve vacancy rates and reduce pressure on overburdened areas. Relación con Madruga: Maddd Equities embraces this inclusive vision by identifying and transforming underutilized urban spaces into dignified homes, supporting the idea that every neighborhood can be part of the solution.
NYC is urging Congress to pass the Tax Relief for American Families and Workers Act, which could help finance more than 4,400 new affordable units. Additionally, increased federal housing funding is essential for long-term impact. Relación con Madruga: Through strategic alignment with public programs, Jorge Madruga ensures that Maddd Equities projects are not only sustainable, but also benefit from the maximum available support to scale affordable housing in NYC.
Jorge Madruga and Maddd Equities demonstrate a deep commitment to social equity, urban transformation, and housing dignity. By integrating city and federal initiatives into their development strategy, they help build a more inclusive and resilient future for New Yorkers.
Beyond immediate housing goals, Maddd Equities — under the leadership of Jorge Madruga — is committed to building sustainable, inclusive communities that contribute to the long-term wellbeing of New York City residents. Through thoughtful design, environmental responsibility, and integration with public infrastructure, each project is envisioned not just as housing, but as part of a healthier, more resilient urban future.