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2. 421-a tax exemption - Wikipedia

   en.wikipedia.org/wiki/421-a_tax_exemption

   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 ...

3. 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]

4. Affordable housing in the United States - Wikipedia

   en.wikipedia.org/wiki/Affordable_housing_in_the...

   Several federal and state initiatives have targeted this problem, but have failed to provide enough affordable, inclusive, and sustainable housing for New York City residents. The demand for affordable housing in New York City remains high: 2.5 million applications were submitted for 2,600 available affordable apartments in 2016. [63]

5. NYC housing lottery opens in Hudson Yards: How to apply - AOL

   www.aol.com/news/nyc-housing-lottery-opens...

   The lottery for this Hudson Yards gem ends on October 9, 2024. Create an account on NYC Housing Connect, and apply through the main portal for the city’s affordable housing lotteries. The ...

6. Mitchell–Lama Housing Program - Wikipedia

   en.wikipedia.org/wiki/Mitchell–Lama_Housing...

   The Mitchell–Lama Housing Program is a non-subsidy governmental housing guarantee in the state of New York. It was sponsored by New York State Senator MacNeil Mitchell and Assemblyman Alfred A. Lama. It was signed into law in 1955 as The Limited-Profit Housing Companies Act (now officially contained in 1962 Private Housing Finance law ...

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 ...