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?
… If youve ever entered New York Citys affordable housing lottery youve probably read one key term over and over … area median income or AMI defines the median incomes for households of different sizes within a certain geography The Department of …
Ask Sam: How much can the rent increase by in 80/20 buildings?
… tax breaks in exchange for reserving 20 percent of the apartments in their buildings for lowincome renters Most of these buildings are part of the federal Low Income … the landlord stops receiving those tax breaks the buildings affordable apartments will be removed from stabilization But …
2017 real estate forecast: The Trump effect, concessions-mania, Bronx hype, the battle for the BQX, and more
… our citys housing marketover the coming 12 months Photo kl801Flickr … For buyers and sellers its still a tale of two … of AMI shouldnt be told that they have to just apply for NYCHA Thats not the answer and with a 10year waiting list … slash funding for alreadystruggling programs like NYCHA and Section 8 vouchers I think the biggest story in this area …
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 The question pops up often whether its over planned … participating in the federal low income housing tax credit and tax exempt bond income theyd have to restrict …
