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East Flatbush emerges as an affordable Brooklyn option with rents around $1,400 for studios and $1,600 for one-bedrooms. Local Caribbean culture shines through in the diverse community.
This is a list of buildings held by the New York City Housing Authority, a public corporation that provides affordable housing in New York City, U.S. This list is divided geographically by the five boroughs of New York City: Manhattan, the Bronx, Brooklyn, Queens, and Staten Island.
Recent reports estimate that there are over 1 million rent-stabilized apartments in New York City. That means that almost half of the city's rental units are subject to rules that keep rents cheap.
Along with other labor leaders, Kazan lobbied the New York State legislature to enact a framework that would facilitate construction of affordable new apartments, which came to fruition in 1926 with the Limited Dividend Housing Act, providing 20-year tax abatements to new buildings aimed at low-income tenants, with profits limited to six percent.
New York City's 80/20 housing program was created in 1985 and has financed developments in New York that meet the parameters ever since. Compared to market rate units in the same area, the affordable units in 80/20 developments had a disproportionately high number of women, single parent households, households with multiple children and minorities.
Notable apartment complexes developed with Mitchell-Lama funding include the Dayton Towers, Manhattan Plaza, the Cadman Plaza, Co-op City, and the 1199 Plaza. [9] According to the New York State Homes and Community Renewal (formerly DHCR), "A total of 269 Mitchell-Lama developments with over 105,000 apartments were built under the program." [10]
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