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Wow,in many ways this is even more shocking than the piece Seventh posted about 90,000 applications for 900 "affordable" apartments in Hunters Point because there are far few units available and Bedford Park is very, very much further from Manhattan. It is also shocking to think that $1,300/mo is now classified as "affordable" for a small 1br in THE North BRONX.
So much has changed in the last 5 years ,when $900/mo/mo was considered tops for a "market rate" 1 br even in better neighborhoods in The Bx.Definitely a lot of stealth gentrification going on in unexpected places.
So much has changed in the last 5 years ,when $900/mo/mo was considered tops for a "market rate" 1 br even in better neighborhoods in The Bx.Definitely a lot of stealth gentrification going on in unexpected places.
I feel like the rental pricing is more political than anything else. You give a rent price that is lower than market rate to make the person who qualifies somewhat happy (poor class), but not so much as to upset the people who don't qualify, but still need affordable housing to feel outrage (middle class). Given this is a government sponsored program.
I feel like the rental pricing is more political than anything else. You give a rent price that is lower than market rate to make the person who qualifies somewhat happy (poor class), but not so much as to upset the people who don't qualify, but still need affordable housing to feel outrage (middle class). Given this is a government sponsored program.
$1300 a month in rent doesn't do anything for the poorest working people, though.
And middle class people do not need need affordable housing. If you're middle class you can buy or pay your rent. Middle class implies somewhat well off, but not rich (professionals like engineers, doctors, nurses, teachers, cops, firemen). These people buy housing in the outer boroughs, especially Eastern Queens, Staten Island, North Bronx, and Southern and Eastern Brooklyn. And the suburbs.
And middle class people do not need need affordable housing. If you're middle class you can buy or pay your rent. Middle class implies somewhat well off, but not rich (professionals like engineers, doctors, nurses, teachers, cops, firemen). These people buy housing in the outer boroughs, especially Eastern Queens, Staten Island, North Bronx, and Southern and Eastern Brooklyn. And the suburbs.
I agree with what your saying, I was thinking more on the terms of they can use the discount when they are saving up to buy the house (young professional) and/or jealousy element for most are not content with their status in the real estate market (live far away from the prime location).
I feel like the rental pricing is more political than anything else. You give a rent price that is lower than market rate to make the person who qualifies somewhat happy (poor class), but not so much as to upset the people who don't qualify, but still need affordable housing to feel outrage (middle class). Given this is a government sponsored program.
These kinds of development aren't really any more "government sponsored" than countless high end residential buildings in midtown. The only "government sponsorship" are the 20 or 30 year tax abatements given to the developers. It's really more of a form of corporate welfare then anything else because the developers are the real beneficiaries.Even people like Alex Rodrigues,who is a bizillionaire,live in tax abated buildings.
$1300 a month in rent doesn't do anything for the poorest working people, though.
And middle class people do not need need affordable housing. If you're middle class you can buy or pay your rent. Middle class implies somewhat well off, but not rich (professionals like engineers, doctors, nurses, teachers, cops, firemen). These people buy housing in the outer boroughs, especially Eastern Queens, Staten Island, North Bronx, and Southern and Eastern Brooklyn. And the suburbs.
It's beginning to feel like NYC is jut about done with providing low income housing except for NYCHA.!0 or 15 years ago most of the new tax abated complexes seemed to be geared toward families with incomes of under 25,000 and rents,even for 2 or 3 br apts, well below $1,000/mo. Don't see much of that around anymore.Stuff now is usually more geared toward people with 40,000,50,000 and 60,000 incomes and the rents seem closer to market rents. It says the affordable units in this project are geared toward the $50,000 income level.
Section-8, pays that easily homeboy so I don't know what your talking about. 1500, a mouth is nothing for them to cover LoL.
These apartments are not Section 8. The tenants have to pay the rent from money earned by their salaries.
This area of the Bronx is not going to get people making hundreds of thousands of dollars or millions. Please tell me you have the intelligence to realize that. However this part of the Bronx can get people who are civil service/city workers, cops, teachers, MTA employees, sanitation, and other workers like that. Depending on what they do those people will be in the salary range required for these apartments.
A lot of affordable housing is geared towards people who are city employees, in case you did not know.
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