higher log#'s lower AMI"S any winners?

[Mevie123]

Which AMIs in particular are considered competitive?

[RGC74]

Originally Posted by Gilmoregal

yeah I agree with this and if the new proposed replacement for 421-a goes through there will be a change is the AMI options that these buildings have (basically more options for the lower AMIs and no longer the 130AMI option), I spoke on it in this thread : https://www.city-data.com/forum/new-...placement.html

Great articles!! I believe 421-a is slated to run out June 15 - let’s see what happens.

[Gilmoregal]

Originally Posted by Mevie123

Which AMIs in particular are considered competitive?

Anything below 70AMI in my opinion is competitive. For example the new 60AMI income cap is 56k annually for 1 person. This article (based on data from 2014 to 2019) shows that someone making 56k looking for a 1 bedroom is up against 426 other applicants applying for the same 1 unit.

Someone in the 90AMI making 84k is only up against 178 other applicants applying for the same unit. Making the chances of them getting a unit higher.

Link to the article : https://www.thecity.nyc/2020/6/28/21...rst-low-income

I suspect the numbers are slightly higher now with more ppl applying to housing connect units over the years.

[Gilmoregal]

Originally Posted by RGC74

Great articles!! I believe 421-a is slated to run out June 15 - let’s see what happens.

Yeah hoping this proposal goes through!