Friday, April 28, 2017

'Affordable for Whom?' The Disconnect Between Need and Allotment of Affordable Units

April 21, 2017                             By: Multifamily Executive

Cities across the U.S. are struggling with the need for housing affordable enough for local residents. Many housing authorities help developers assign a number of units in a building to different income "bands," targeting residents across the spectrum of the area median income.
535 Carlton Avenue in Brooklyn

New buildings offering affordable housing options often see an overwhelming amount of applications. However, when those applications are broken down to consider the number of people applying for each income band, it's clear the demand doesn't match the supply........Read More

No comments:

Post a Comment