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 … it again with updated information for October 2024 HUD calculated its 2024 median incomes with data from the US …

By Celia Young |October 22, 2024 - 9:30AM

Rent

Sponsored By Himmelstein McConnell Gribben & Joseph LLP |February 20, 2019 - 10:00AM

Rent

Ask Sam: How much can the rent increase by in 80/20 buildings?

Sponsored By Himmelstein McConnell Gribben & Joseph LLP |November 21, 2018 - 10:00AM

Rent

Can I work from my 80/20 apartment—and claim it on my taxes?

By Alanna Schubach |October 22, 2018 - 10:00AM

Sell

2017 real estate forecast: The Trump effect, concessions-mania, Bronx hype, the battle for the BQX, and more

By Virginia K. Smith |January 2, 2017 - 11:55AM

Rent

Ask Sam: I found out my apartment is supposed to have a dishwasher. Can I get reimbursed for rent overcharges?

Sponsored By Himmelstein McConnell Gribben & Joseph LLP |December 15, 2016 - 1:59PM

Rent

Ask Sam: Can my 80/20 building shut its subsidized tenants out of the new laundry room?

Sponsored By Himmelstein McConnell Gribben & Joseph LLP |November 3, 2016 - 2:30PM

Affordable Housing

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

… have raised concerns that AMI isnt truly representative of NYCs true spread of incomes let alone the vast differences … AMI is set at X percentage for different programs explains HPD spokesperson Melissa Grace For example under an 8020 … 120 percent to 165 percent of AMI you dont need as much subsidy because theyll be paying higher rents But options …

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