Hacker News new | ask | show | jobs
by madgar 3640 days ago
> look to what the DelBlasio administration is doing

The man's name is Bill De Blasio.

And the AMI used for affordable housing is so high, it's a joke. They include Westchester, Putnam, and Rockland counties in the calculation as a blatant concession to the real estate industry.

The "Low Income" units are further broken down into 40%, 50% and 60% of AMI, and nearly all the Low Income units being built are for that "up to 60% of AMI" range. That ensures they have the largest possible pool of applicants, and since the units are awarded by lottery, the new affordable housing units will take just as long to get into as a decade-long public housing waitlist.

There is a lot to criticize about our actual implementation of the affordable housing - from both business interests and progressive interests. This suggests that this is one of those politically Hard Problems that most politicians will always avoid like the plague.