NYC launches program to help developers finance new affordable rental developments

… can apply to score city financing through the Mixed Income Market Initiative MIMI until Feb 15th The city … apartment for example Plus a quarter of the rentrestricted apartments must be reserved for extremely low or very … The Adams administration intends to prioritize areas with limited affordable housing such as the Upper East Side …

By Celia Young |January 8, 2024 - 11:00AM