80/20

… probably read one key term over and over again area median income But what does that actually mean In short area median … that give tax breaks to developers who reserve units for lowerincome renters For example the states low income tax … units For example 60 percent of the incomerestricted apartments built under the citys 421a program between 2017 …

… 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 … for taking on lowincome renters or offer up stabilized apartments to wealthier renters able to pay much higher …