Affordable housing developer Camber scoops up Section 8 portfolio
Camber Property Group has acquired a portfolio of three project-based Section 8 communities across three boroughs in New York...
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, 2019—An affordable housing building from Grand Street Guild is coming to the Lower East Side
August 9, 2019—Kanye West has been cited for violating city code while building his “Star Wars”-inspired affordable housing domes.
The Latest
Tri-State
East Hampton pursues affordable housing dev for former Baptist church
The East Hampton Town Board is making incremental steps toward developing affordable housing on a former church property in...
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...
Investors continue to snatch up city’s multifamily, industrial assets
Multifamily assets remained hot commodities last week as the city’s investment sales market continued to stage its pandemic comeback....
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...
National
State attorneys general call for eviction ban on subsidized renters
Tenants in New York may have two more months of eviction protections, but most renters nationwide have been exposed...
National
The hot housing market means hefty rent rises aren’t just hitting new apartments
The rental market’s heat seems to know no bounds, as higher rents have hit older multifamily properties in recent...
Gowanus rezoning agreement paves way for 8K new homes
UPDATED Nov. 10, 2021, 11:48 a.m.: The city reached a deal late Tuesday night to fund repairs at two...
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....
San Francisco Issue
In the works for 20 years, San Francisco’s Fantasy Islands enter the spotlight
Treasure Island has been a lot of things in the 85 years since its birth out of the mud...