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2. NYC affordable housing lottery open in Harlem: How to apply - AOL

   www.aol.com/nyc-affordable-housing-lottery-open...

   HARLEM, Manhattan (PIX11) – A new affordable housing lottery is open for an apartment building in Harlem. The affordable housing lottery is for Ray Harlem, a building located at 2035 5th Ave ...

3. 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 ...

4. New York State Division of Housing and Community Renewal

   en.wikipedia.org/wiki/New_York_State_Division_of...

   The New York State Division of Housing and Community Renewal (DHCR) is an agency of the New York state government [1] responsible for administering housing and community development programs to promote affordable housing, community revitalization, and economic growth. Its primary functions include supervising rent regulations through the State ...

5. New York City Department of Housing Preservation and ...

   en.wikipedia.org/wiki/New_York_City_Department...

   HPD is currently in the midst of New York City Mayor Bill de Blasio's Housing New York initiative to create and preserve 300,000 units of affordable housing by 2026. By the end of 2021, the City of New York financed more than 200,000 affordable homes since 2014, breaking the all-time record previously set by former Mayor Ed Koch. [3]

6. Low-Income Housing Tax Credit - Wikipedia

   en.wikipedia.org/wiki/Low-Income_Housing_Tax_Credit

   The LIHTC provides funding for the development costs of low-income housing by allowing an investor (usually the partners of a partnership that owns the housing) to take a federal tax credit equal to a percentage (either 4% or 9%, for 10 years, depending on the credit type) of the cost incurred for development of the low-income units in a rental housing project.

7. NYC vacancy rates are so low—and affordable housing is so ...

   www.aol.com/finance/nyc-vacancy-rates-low...

   In early February, vacancy rates in New York City hit rock bottom at just 1.4%. That’s the lowest vacancy rate on record since the city started tracking the measure in the 1960s, according to ...

8. 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.

9. AOL Mail

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   Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!