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

From left: Google's Sundar Pichai, Facebook's Mark Holliday, and Factory_OS's Rick Holliday and Larry Pace (Getty; Factory_OS; iStock)
National

Facebook, Google back modular housing startup

Tech giants Facebook and Google are pulling out their checkbooks to back a modular housing startup. Factory_OS, which aims...

Facebook, Google back modular housing startup
A rendering of 153-10 88th Avenue in Jamaica (Photo via Zara Realty)

Zara Realty plans 218K-sf Jamaica development

Zara Realty is planning a mixed-income residential development in Jamaica, Queens. The 218,000-square foot residential building, at 153-10 88th...

Zara Realty plans 218K-sf Jamaica development
902 Drew Street and 400 East 58th Street (Google Maps)

New York’s multifamily sales improve in Q3

New York City’s multifamily investment sales improved in the third quarter compared to second quarter results, as the number...

New York’s multifamily sales improve in Q3
The number of single-family homes on the market hit historic lows in July, driving prices up (iStock)
National

US housing supply reaches nearly 40-year low

The coronavirus pandemic has exacerbated the severe housing supply shortage in the U.S., with the number of homes on...

US housing supply reaches nearly 40-year low

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