Here's how incomes—and rents—are REALLY calculated in NYC's affordable housing

… for a spot in one of the citys rare affordable 8020 rentals often when you look into a buildings income … AMI is set at X percentage for different programs explains HPD spokesperson Melissa Grace For example under an 8020 … who notes that the calculation is based on federal regulations and therefore difficult to change I think it …

By Virginia K. Smith |September 15, 2016 - 8:59AM