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 … citys affordable housing lottery In New York City AMI is based on income data for the five boroughs plus Putnam … units For example 60 percent of the incomerestricted apartments built under the citys 421a program between 2017 …

By Celia Young |October 22, 2024 - 9:30AM
Can I work from my 80/20 apartment—and claim it on my taxes?

… and tenant associations  FYI a Brick sponsor Under the New York City zoning code a residential apartment has to be used … agency You could also land in some trouble if your home business involves many clients coming and going from the …

By Alanna Schubach |October 22, 2018 - 10:00AM
Here's how incomes—and rents—are REALLY calculated in NYC's affordable housing

… While many New Yorkers are clamoring for a spot in one of the citys … Housing Development Corporation  HDC However that figure is based on data from the larger New York metro area which … for taking on lowincome renters or offer up stabilized apartments to wealthier renters able to pay much higher …

By Virginia K. Smith |September 15, 2016 - 8:59AM