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 9, 2019Kanye West has been cited for violating city code while building his “Star Wars”-inspired affordable housing domes.

The Latest

Peter Florey, principal, D&F Development Group, in front of a rendering of the planned complex at 860-906 Fulton Street in Farmingdale (D&F Development Group, LoopNet, iStock)
Tri-State

Affordable housing breaks through on Long Island

Building affordable housing on Long Island, or any suburb in the United States, is no easy feat. Locals predict...

Affordable housing breaks through on Long Island
776 Route 114 in Sag Harbor, LI (Google Maps, iStock)
Tri-State

East Hampton approves affordable housing initiatives

The East Hampton Town Board took two steps in a recent meeting aimed at easing the East End’s affordability...

East Hampton approves affordable housing initiatives
AvalonBay CEO Benjamin Schall in front of 1455 Valley Road in Wayne, New Jersey (AvalonBay, LoopNet, iStock)
Tri-State

AvalonBay’s 473-unit New Jersey project advances

AvalonBay is one step closer to cracking the vault at Valley National Bank’s headquarters in Wayne. The developer is...

AvalonBay’s 473-unit New Jersey project advances
Jonathan Cortell of L+M Development Partners in front of 250 Georgia King Village in Newark (L+M Development Partners, iStock/Photo Illustration by Steven Dilakian for The Real Deal)
Tri-State

Developers land financing for Newark affordable housing

An affordable housing project is taking root in Newark after the developers secured $42 million in construction financing. The...

Developers land financing for Newark affordable housing
The Bergen County Islamic Center currently located at 78 Trinity Place in Hackensack - where the city is weighing a new project (LoopNet, iStock)
Tri-State

Hackensack weighs 268-unit project downtown

Hackensack is considering trading parking spots for affordable homes next to the city firehouse, despite the presence of a religious center in the development zone. The City Council is weighing a proposal for 268...

Hackensack weighs 268-unit project downtown

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

Loading...