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

Nation’s first affordable housing development for LGBT seniors to open in Bay Shore, West Islip home with helipad hits the market & more Long Island real estate news

Nation’s first affordable housing development for LGBT seniors to open in Bay Shore, West Islip home with helipad hits the market & more Long Island real estate news

Nation’s first affordable housing development for LGBT seniors to open in Bay Shore, West Islip home with helipad hits the market & more Long Island real estate news
WATCH: Ron Moelis & David Schwartz talk NYCHA and affordable housing profits

WATCH: Ron Moelis & David Schwartz talk NYCHA and affordable housing profits

L+M Development Partners’ Ron Moelis and Slate Property Group’s David Schwartz discussed the ins and outs of the complicated...

WATCH: Ron Moelis & David Schwartz talk NYCHA and affordable housing profits
Clockwise from top left: Anna Treybich, the Mitchell Llama apartments in Coney Island, Irina Zeltser and Karina Andriyan (Credit: Luna Park Co-Op and Google Maps)

Trio charged in bribery scheme at
Mitchell-Lama complex in Coney Island

Three people have been charged with taking $874,000 in bribes from co-op owners in Coney Island who sought to...

Trio charged in bribery scheme at
Mitchell-Lama complex in Coney Island
From left: The Real Deal's Jill Noonan, L&M CEO Ron Moelis and Slate Principal David Schwartz

Moelis, Schwartz talk up the steady upside to affordable development, and the “amazing” NYCHA real estate

While market-rate developers may ink all the high-profile deals, there’s safety and upside in the affordable game, as long as you have the mind...

Moelis, Schwartz talk up the steady upside to affordable development, and the “amazing” NYCHA real estate
Helmut Lang’s East Hampton compound could fetch $100M, Esprit founder unloads Sag Harbor home & more East End real estate news

Helmut Lang’s East Hampton compound could fetch $100M, Esprit founder unloads Sag Harbor home & more East End real estate news

Helmut Lang could list East Hampton compound for $100M Longtime Hamptons resident and Austrian-born fashion designer and artist Helmut Lang could be poised to...

Helmut Lang’s East Hampton compound could fetch $100M, Esprit founder unloads Sag Harbor home & more East End real estate news
David Kramer (Photo by Studio Scrivo)

The Closing: David Kramer

David Kramer is the president of Hudson Companies, one of the city’s largest affordable housing developers. The firm, which employs 50-plus people in its Greenwich Village office, ranked as the fourth most active developer...

The Closing: David Kramer
This is how Miami-Dade plans to protect itself from climate change

This is how Miami-Dade plans to protect itself from climate change

 Miami-Dade County is embarking on infrastructure projects that could total $20 billion as part of a push to...

This is how Miami-Dade plans to protect itself from climate change
Trump administration toughens up rules for no-money-down home mortgages

Trump administration toughens up rules for no-money-down home mortgages

The Trump administration is toughening up rules on national affordable housing programs due to concerns over risk to the...

Trump administration toughens up rules for no-money-down home mortgages
Alicia Glen and Mayor Bill de Blasio (Credit: Getty Images)

Housing czar Alicia Glen picked fights she couldn’t win: report

On a conference call with city officials last year, deputy mayor Alicia Glen voiced displeasure with a proposed bill...

Housing czar Alicia Glen picked fights she couldn’t win: report
In the US’s most expensive housing market, Stanford says no to affordable housing

In the US’s most expensive housing market, Stanford says no to affordable housing

Stanford University is fighting with local officials over whether its expansion plans include enough affordable housing, one of the...

In the US’s most expensive housing market, Stanford says no to affordable housing
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