8 Things in Affordable Housing You Need to Know Today

Photo credit: Field Condition

Here are the top 8 stories about affordable housing that you should read today:

1. Applications for affordable micro units just opened in New York City's Kips Bay. The 260 SF apartments go for $950 and are available on the city's Housing Connect website. [Curbed]

2. Boston is also going to be seeing its first fully affordable housing complex in the Cambridge neighborhood. [BBJ]

3. In a unanimous decision, Sacramento's City Council approved a fee that'll incentivize developers to build more low-income housing. [Capital Public Radio]

4. And speaking of the West Coast, Seattle's Mayor Ed Murray announced what some are calling the "Grand Bargain," which is legislation to build 6,000 units of affordable housing over the next decade. [My Northwest]

5. If you like a little character, then this former slaughterhouse may be right for you. New York City officials are proposing to turn an old Manhattan slaughterhouse into an affordable housing complex. [Realty Today]

6. The affordable housing developer Cornerstone Group just sold its apartment complex in Miami for $17.1M. [TRD]

7. Miami also saw the federal prosecution of prominent developers and a contractor in an affordable-housing scandal concerning the theft of government funds. [Miami Herald]

8. Brooklyn's Fort Greene and Clinton Hill should get ready to see some affordable housing in the near future. [TRD]

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