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

Almanac Realty Investors managing director Matthew Kaplan (Almanac Realty; iStock)
National

Workforce housing investor gets $320M boost

A private equity firm that backs workforce housing is getting a financial boost. Almanac Realty Investors, an affiliate of Neuberger Berman, is investing $320 million in Asia Capital Real Estate. The investment will target...

Workforce housing investor gets $320M boost
Ray McGuire photographed by Axel Dupeux.

The Closing: Ray McGuire

Ray McGuire’s path from “the streets to the suites” is made-for-movie stuff. Growing up poor and fatherless in Dayton, Ohio, he worked his way into the elite boarding school Hotchkiss, then Harvard for undergraduate,...

The Closing: Ray McGuire
Belveron Partners founder Paul Odland with 2000 Valentine Avenue (left) and 1985 Webster Avenue in the Bronx (Photos via Google Maps; Twitter)
National

Belveron Partners closes $280M fund for affordable housing

Belveron Partners closed a $280 million fund to invest in affordable housing across the country as the sector gains...

Belveron Partners closes $280M fund for affordable housing
Open New York's Will Thomas and Kyle Dontoh (Photos via Getty; iStock: Open New York)

Outsiders for years, NYC yimbys move into mainstream

It was a Wednesday night in April 2019, and Will Thomas was outnumbered. Only two other members of pro-housing...

Outsiders for years, NYC yimbys move into mainstream
The Department of Housing Preservation and Development will cut off applications for its Privately Financed Affordable Senior Housing program. (iStock)

City plans to suspend senior housing program

The city is pulling the plug on a senior housing program over concerns that it violates fair housing laws....

City plans to suspend senior housing program

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