Killing the bond program would cut the number of
affordable apartments produced by the LIHTC program overall roughly in half, according to an analysis by the National Housing Conference (NHC).
«We've secured a strong new program with most of the reforms we sought: requiring affordable housing in every corner of the city, doubling the number of
affordable apartments produced, and slashing the subsidy per apartment dramatically,» de Blasio said.
Not exact matches
Along with Phase I — which was recently completed — Phase II is part of the three - phase revitalization of a 61 - year old public housing development that will
produce a total of 180
affordable, energy - efficient
apartments.
The administration says the mansion tax could
produce an additional 37,000
affordable apartments.