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.
The city wants to lower the cost of insurance premiums, which have been eating away at rent-stabilized and affordable housing owners’ margins.
The five pension funds will invest $1B a year in affordable housing preservation and development, city Comptroller Mark Levine said Thursday.
The streamlined process, created as a way to solve the housing crisis, was approved by voters in November.
High insurance premiums have challenged landlords’ net operating incomes in recent years. Now, the state is thinking about how to bring them down.
Inclusionary zoning policies have been put into place in Denver, including the Expanding Housing Affordability Ordinance as one of the most extensive programs.
A growing government-funded program is helping investors and developers build more affordable housing.
Nothing is harder in New York commercial real estate than building affordable housing, and the problem is just getting worse.
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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