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February 25, 2008
Where’s the Dough for AY Affordable Housing?
Brownstoner asks some tough questions about subsidies for the affordable housing component of Bruce Ratner's Atlantic Yards plan.
...does the project’s “scale” mean the city is giving a free pass for construction on the affordable housing parts of Atlantic Yards to take much longer than other aspects of the development? And what if there’s even less funding available for affordable housing in the future? Finally, is it fair for Forest City Ratner’s mega-development to eat into the creation of affordable units in other parts of the city and state?
NoLandGrab: These questions have been on the mind of affordable housing advocates for some time.
Posted by lumi at February 25, 2008 7:10 PM