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 … or AMI defines the median incomes for households of different sizes within a certain geography The Department of … which critics say artificially inflates AMI and as a result rentstabilized rents The AMI for a single person in NYC is …

By Celia Young |October 22, 2024 - 9:30AM
Can I work from my 80/20 apartment—and claim it on my taxes?

… … You can work from home and claim home office deductions on your income taxeswith a few restrictions  our experts  say Under the citys 8020 housing program developers are given tax breaks in exchange for setting side for lowincome …

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