RECOMMENDED IN RENT
RECOMMENDED IN BUY
RECOMMENDED IN SELL
RECOMMENDED IN IMPROVE
80/20
What exactly is the 'AMI' that's used to determine affordable housing rents?
… If youve ever entered New York Citys affordable housing lottery youve probably read one key term over and over again area median income But what does that actually mean In short area median … citys affordable housing lottery In New York City AMI is based on income data for the five boroughs plus Putnam …
Here's how incomes—and rents—are REALLY calculated in NYC's affordable housing
… 8020 rentals often when you look into a buildings income requirements and rents theres an inevitable followup question Who can really afford this affordable housing The question pops up often whether its … this city and theyd still need help finding housing This is whats known as middleincome housing geared …
Ask Sam: If I start making more money, will I lose my 80/20 apartment?
… … While you need to be forthcoming with your landlord about your finances even after youve … and tenant associations The short answer to this is that no you cant be kicked out for an increased income says Ron … a partner at the firm To initially qualify for an apartment in an 8020 building family income must be no more …