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

Tishman Speyer president Rob Speyer and Edgemere Commons (Getty)

Tishman Speyer grabs bulk of Arker’s mammoth, delayed project

Affordable housing developer Arker Companies was supposed to break ground on the city’s biggest privately funded affordable project in...

Tishman Speyer grabs bulk of Arker’s mammoth, delayed project
How long does it take to lease an affordable housing project? Too long

Red tape keeping affordable units empty for 15 months

A year after the city overhauled its notorious application process for housing lotteries, a new study indicates the primary...

Red tape keeping affordable units empty for 15 months
City takes aim at controversial property seizure program

City takes aim at controversial property seizure program

The city is considering a series of changes to a controversial program that transfers distressed multifamily properties to developers....

City takes aim at controversial property seizure program

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