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The New York City Housing Authority (NYCHA) is a public development corporation which provides public housing in New York City, and is the largest public housing authority in North America. Created in 1934 as the first agency of its kind in the United States, it aims to provide decent, affordable housing for low- and moderate-income New Yorkers ...
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 ...
The building of such apartments is a growing trend throughout Finland; 55% of new homes in the city of Turku are studio apartments with total areas of under 37 square metres. [2] Between 1970 and 2020, the percentage of one-person households in Finland has almost tripled, from 15.7% to 45.3%. [3] Block of studio flats in Vantaa, Finland (2018 ...
The Fed's interest rate cut will ease financing conditions for homebuilders, analysts told BI. But other issues will keep supply constrained, from material costs to labor shortages.
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