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?
… 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 … units For example 60 percent of the incomerestricted apartments built under the citys 421a program between 2017 …
Ask Sam: How long can I live in my 80/20 apartment?
… building is receiving and when the tax benefits began says Sam Himmelstein a lawyer who represents residential and … percent of the apartments in their building for lowincome renters There are different types of abatements One is 421a … youre going to be there quite a long time Related Ask Sam How much can the rent increase by in 8020 buildings …
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 requirements and rents theres an inevitable followup question Who can really … for taking on lowincome renters or offer up stabilized apartments to wealthier renters able to pay much higher …
