Real Affordability for All is bringing an unusually broad coalition to press the state for changes to rent regulations and other policies to preserve affordable housing.
POP is different from most other real-estate finance operations in two ways. First, it’s named after a papal encyclical. Second, it underwrites housing working-class New Yorkers can afford.
The RBG made history by approving unprecedentedly low increases in stabilized rents. But it rejected a call for rent freezes that the mayor supported during his campaign.
Despite little outreach by the RGB, its 2014 hearings displayed a surge of tenant interest. The vote on a rent freeze will say as much about democracy, the author says,…
New examination rules are aimed at getting banks to look more closely at the soundness of the landlord’s financial plan and the conditions tenants are living in.
The mayor’s housing vision describes an array of programs the administration will pursue to build or preserve 200,000 units. But the key is the rezoning of several city neighborhoods.