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NYC’s housing lottery is notoriously slow to place tenants in affordable apartments. Pronto has found a way to get people into those units faster.
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The city wants to lower the cost of insurance premiums, which have been eating away at rent-stabilized and affordable housing owners’ margins.
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The five pension funds will invest $1B a year in affordable housing preservation and development, city Comptroller Mark Levine said Thursday.
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The streamlined process, created as a way to solve the housing crisis, was approved by voters in November.
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High insurance premiums have challenged landlords’ net operating incomes in recent years. Now, the state is thinking about how to bring them down.
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Inclusionary zoning policies have been put into place in Denver, including the Expanding Housing Affordability Ordinance as one of the most extensive programs.
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A growing government-funded program is helping investors and developers build more affordable housing.
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Nothing is harder in New York commercial real estate than building affordable housing, and the problem is just getting worse.
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Amcal Multi-Housing CEO talks affordable housing.
Abode Communities President and CEO Robin Hughes sees the steps being taken to improve access to afforable housing
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