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

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

    The Department of Housing Preservation and Development (HPD) is the department of the government of New York City [1] responsible for developing and maintaining the city's stock of affordable housing. Its regulations are compiled in title 28 of the New York City Rules. The Department is headed by a Commissioner, who is appointed by and reports ...

  3. 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 ...

  4. New York City housing shortage - Wikipedia

    en.wikipedia.org/wiki/New_York_City_housing_shortage

    The housing shortage in New York is driven by a lack of housing supply. Home construction in New York City lags far behind other major American cities. [4] From 2010 to 2023, housing supply in the city increased by 4% while jobs increased by 22% [4]; however, 973,000 workers commuted into the city from its suburbs as of 2019 [5], as employment ...

  5. 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 ...

  6. 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 ...

  7. Affordable housing in the United States - Wikipedia

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

    about half did not. [1][2] The term "affordable housing" refers to housing that is considered economically accessible for individuals and families whose household income falls at or below the Area Median Income (AMI), as evaluated by either national or local government authorities through an officially recognized housing affordability index. [3 ...

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