Archive for permanent affordability

Campaigning For Permanent Affordability

Campaigning For Permanent Affordability

August 15, 2011 No Comments

Most current affordable housing programs only require temporary affordability, often expiring in less then 30 years. This is a clearly inefficient use of public subsidy, and contradicts Mayor Bloomberg’s call in his PlaNYC 2030, to build infrastructure that will support the one million new residents expected in NYC by 2030. Yet, most of the housing ...