"The combination of tightening rents and diminished safety net programs has precipitated a slow but accelerating deterioration of this 'naturally occurring' affordable housing."
A rent-stabilized building in the Bronx. (Photo…
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Michael D. Lappin, a New York-based expert on affordable housing and urban development, served as CEO of the Community Preservation Corporation (CPC) from 1980-2011. He currently heads MLappin & Associates LLC which provides advisory and development services for affordable housing.