Here's how incomes—and rents—are REALLY calculated in NYC's affordable housing

… income requirements and rents theres an inevitable followup question Who can really afford this affordable housing … participating in the federal low income housing tax credit and tax exempt bond income theyd have to restrict … 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