Posted by TenantNet on January 13, 2000 at 17:56:42:
In Reply to: Re: affordable housing posted by richard on January 13, 2000 at 17:40:36:
Richard, if you're going to continue to be a jackass, why don't you at least
provide accurate information. It's not true that there's any requirement that
applies to all buildings. Some take advantage of inclusionary housing and
tax abatement programs, and these might require up to 20% affordable housing
for a period of time (15-20 years) after which it goes to market rate. But
many buildings do not use these programs. And there are a variety of methods
to choose tenants. Go to the local Community Board to start the hunt.
: GET on you Knees and pray for the NEXT 10 YEARS you might win the Lottery,
: YUP...its usually done by lotterey 2000 3000 4000 people for 50 apartments..
: Feeling lucky??????????????
: : Is it true that any newly constructed "luxury" apartment building in Manhattan must set aside
: : a certain percentage of it's units for low income residents?
: : If so, how does one go about finding out about these apartments?
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