80/20

… If youve ever entered New York Citys affordable housing lottery youve probably read one key term over and over … options based on the size of the project For example large rental projects with 100 or more units receive a 35year tax … units For example 60 percent of the incomerestricted apartments built under the citys 421a program between 2017 …

… 2016 was a wild ride to put it gently And lets rip this BandAid now 2017 isnt shaping up to be … … In what seems to be a neverending game of chicken between landlords and the citys beleaguered renters concessions were … Gary Malin Incomes are not rising fast enough and for the tenant population prices have just been escalating and …

… have raised concerns that AMI isnt truly representative of NYCs true spread of incomes let alone the vast differences … for an individual and $54360 for a family of fouryou can check out other percentage breakdowns here While the cutoff … the rent around 52 percent of my takehome paya whole paycheck and then some If shed been looking for marketrate …