October 2009
Play
“apartments considered affordable to low-income households — those earning less than 80 percent of the city’s median income, or less than $37,000 — decreased to 991,592 from 1,189,962, a drop of nearly 17 percent, from 2002 to 2008. About 42 percent of the city’s households fit in that income category….
…housing experts consider an apartment affordable if it costs no more than 30 percent of a family’s income, or about $925 a month for a family earning $37,000.” —As New York Adds Housing for Poor, Market Subtracts It - NYTimes.com
…housing experts consider an apartment affordable if it costs no more than 30 percent of a family’s income, or about $925 a month for a family earning $37,000.” —As New York Adds Housing for Poor, Market Subtracts It - NYTimes.com
Play
Play
Play
