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Affordable Housing’s Slow-Motion Financial Collapse from THE CITY - All RSS feed.

Affordable Housing’s Slow-Motion Financial Collapse

New and older residential buildings line The Bronx.

More than a fifth of New York City’s core affordable housing stock is in the red or close to it — putting tenants at risk. That’s according to a new report from the Association for Neighborhood and Housing Development, which finds that at least 63,700 apartments receiving a government subsidy and operated by community development corporations […]

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