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?
… youve probably read one key term over and over again area median income But what does that actually mean In short area median income or AMI … units For example 60 percent of the incomerestricted apartments built under the citys 421a program between 2017 …
Ask Sam: How long can I live in my 80/20 apartment?
… taking part in the citys 8020 program receive tax breaks for reserving 20 percent of the apartments in their building for lowincome renters There are … of apartments into rent stabilization and another is LIHTC or low income housing tax credit Both these types of …
Ask Sam: How much can the rent increase by in 80/20 buildings?
… housing program developers are given tax breaks in exchange for reserving 20 percent of the apartments in their buildings for lowincome renters Most of … are part of the federal Low Income Housing Tax Credit LIHTC program while others participate in the citys 421a tax …
2017 real estate forecast: The Trump effect, concessions-mania, Bronx hype, the battle for the BQX, and more
… pay whatever I need to even if it doesnt make any sense But apartments that are priced appropriately weve been able to … estate of urgency for buyers to get in while financing is cheap according to Realtorcom chief economist Jonathan Smoke … Trump being in town On a broader citywide level while new federal policies could have resounding negative effect on …
Here's how incomes—and rents—are REALLY calculated in NYC's affordable housing
… Yorkers are clamoring for a spot in one of the citys rare affordable 8020 rentals often when you look into a buildings … followup question Who can really afford this affordable housing The question pops up often whether its over planned … year by the Department of Housing and Urban Development HUD For example the AMI for New York City in 2016 is $90600 …
