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  2. 421-a tax exemption - Wikipedia

    en.wikipedia.org/wiki/421-a_tax_exemption

    The 421-a tax exemption is a property tax exemption in the U.S. state of New York that is given to real-estate developers for building new multifamily residential housing buildings in New York City. As currently written, the program also focuses on promoting affordable housing in the most densely populated areas of New York City. The exemption ...

  3. New York State Housing Finance Agency - Wikipedia

    en.wikipedia.org/wiki/New_York_State_Housing...

    HFA and its subsidiaries are now administered by New York State Homes and Community Renewal, [4] created in September 2010 to include the New York State Division of Housing and Community Renewal. In 2017, the HFA had operating expenses of $368.76 million, an outstanding debt of $16.780 billion, and a staffing level of 263 people. [5]

  4. Affordable housing - Wikipedia

    en.wikipedia.org/wiki/Affordable_housing

    The definition of affordable housing may change depending on the country and context. For example, in Australia, the National Affordable Housing Summit Group developed their definition of affordable housing as housing that is "...reasonably adequate in standard and location for lower or middle income households and does not cost so much that a household is unlikely to be able to meet other ...

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  7. New York City housing shortage - Wikipedia

    en.wikipedia.org/wiki/New_York_City_housing_shortage

    The goals of the initiative, which was called Housing New York, were later increased to 300,000 affordable housing units by 2026. [21] By the end of his administration, in 2021, none of the goals of the program had been reached: although Mr. de Blasio claimed that he had succeeded in "fighting inequality".

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