Affordable Housing

Affordable Housing

Housing is considered affordable if it costs one-third or less of a household’s income and is stabilized to avoid rent increases over time.

Affordable Housing Q&A

Why is affordable housing an issue?
Affordable housing can allow residents financial security and stability. However, many landlords and property owners argue that stabilized rents for affordable housing make renovating and maintaining property difficult or impossible. There are different opinions about the impact of affordable housing on neighborhoods, whether or not the government is obligated to provide and create affordable housing, and how and to whom affordable housing should be made available.
Want to know more about affordable housing?
Check out The Real Deal's latest coverage in the Top Stories section below.

Affordable Housing Top Stories

August 14, 2019An affordable housing building from Grand Street Guild is coming to the Lower East Side
August 9, 2019Kanye West has been cited for violating city code while building his “Star Wars”-inspired affordable housing domes.

The Latest

Sen. Chuck Schumer, President Joe Biden, Congresswoman Nancy Pelosi and House Ways and Means Chairman Richard Neal (Getty/Illustration by Kevin Rebong for The Real Deal)
National

5 real estate issues to watch in Dems’ $3.5T budget

Federal lawmakers are hashing out a $3.5 trillion spending plan that could include billions of dollars for new affordable...

5 real estate issues to watch in Dems’ $3.5T budget
President Joe Biden (Getty)
National

Biden to change rules to boost affordable housing

With housing in short supply and affordable housing hard to find, the Biden administration aims to make technical changes...

Biden to change rules to boost affordable housing
NYC newcomer Grubb Properties plans 317 units in LIC

NYC newcomer Grubb Properties plans 317 units in LIC

A North Carolina development firm thinks now is the time to break into New York City’s housing market. Grubb...

NYC newcomer Grubb Properties plans 317 units in LIC
Why affordable apartments are so hard to build

Why affordable apartments are so hard to build

The edifice rises suddenly, its sheer brick masonry cut with floor-to-ceiling windows — a stunning contrast to the low-rise...

Why affordable apartments are so hard to build
Maddd Equities's Jorge Madruga and Joy Construction's Eli Weiss with renderings of the project (Aufgang Architects, Getty, LinkedIn via Weiss)

Maddd Joy: Madruga, Weiss file plan for DoBro tower

DoBro can expect mo’ housing – a lot mo’. Maddd Equities and Joy Construction plan to build a massive...

Maddd Joy: Madruga, Weiss file plan for DoBro tower

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...