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Report: City's Annual Tax Lien Sale Is A Lost Opportunity For Affordable Housing

Mayor de Blasio's $41 billion plan to build and preserve 200,000 affordable apartments is geared toward for-profit developers who are trying to maximize their returns—if the rents are set too low or if the number of affordable units in the building is too high, the administration argues, nothing will get built. [ more › ]
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United States / New York : Crain's New York Business

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The City Council will vote this afternoon on two major pillars of Mayor de Blasio's $41 billion affordable housing plan that aims to create and preserve 200,000 units of affordable housing over the next decade. And while the controv...

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The City Council on Monday confirmed that it will approve two major pillars of Mayor de Blasio's $41 billion affordable housing plan that aims to create and preserve 200,000 units of affordable housing over the next decade. [ more ›...

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