At announcement of affordable housing seminars, celebratory air out of sync with reality of some not-so-affordable units
|The flyer is here and in Spanish here|
| Melissa Burch of Forest City, CM Laurie|
Cumbo, BP Eric Adams, DBP President
Tucker Reed, from L-R. Twitpic via Adams
At 165% of AMI, a single person could earn $99,330 and be eligible for subsidized housing. If rent is 30% of $96,320 (160% of AMI), the monthly tab would be $2,408.
Those numbers should rise by 2015. Even according to 2013 figures, that subsidized unit would be more than the cost of a studio at the new Oro 2/BKLYN Air tower in Downtown Brooklyn, which lists rents from $2,315, Brownstoner said last week.
(Cumbo joined a celebratory press release at the time, saying, "I thank the Governor, the Mayor and the community advocates for making sure this project was done right. I am grateful for all the community members who fought the good fight to keep Brooklyn, Brooklyn.")
Despite this, developers often have a hard time filling that quota, with lottery applicants often deemed ineligible for minor errors in their applications or poor credit. Enter a unique program spearheaded by the Downtown Brooklyn Partnership, in conjunction with State Assemblyman Walter Mosley and City Council Member Laurie Cumbo and some of the area’s largest real estate developers including Acadia Realty Trust/Washington Square Partners, BFC Partners,Forest City Ratner Companies, Steiner NYC LLC, and Two Trees Management Company, to help area residents better compete for the units coming online.
Five free seminars on financial empowerment will be led over the next year by housing advocates so area residents have the credit history they need to qualify for housing lotteries, as well as in-depth orientations on the application process.
- Brooklyn Brief/Brooklyn Daily Eagle, Do Brooklyn residents know how to apply for affordable housing?
- New York Daily News, Brooklyn business group to help residents enter affordable housing lotteries
- New York Observer, Eric Adams and Laurie Cumbo Announce Affordable Housing Seminars
- News 12, Community leaders unveil workshops to help residents qualify for affordable housing
- Fort Greene Focus, Brooklyn Pols, Housing Groups & Developers Present Workshops For Easier Access To Affordable Housing