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… If youve ever entered New York Citys affordable housing lottery 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 … geography The Department of Housing and Urban Development is the agency charged with calculating AMI which determines …
… While many New Yorkers are clamoring for a spot in one of the citys rare affordable 8020 rentals often when you … 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 …
