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Rent for ‘Affordable’ Housing Units Rising With Increasing Average Mean Income

When it comes to affordable housing, the question remains: affordable for who? Two units available through the city's Affordable Housing Lottery in the Bushwick area at 65 Woodbine St . and 65 Graham Ave.

When it comes to affordable housing, the question remains: affordable for who?

Two units available through the city's Affordable Housing Lottery in the Bushwick area at 65 Woodbine St. and 65 Graham Ave. are asking for 130 percent of the city's Average Median Income: $107,400 for a three-person family. Eligible income for these units falls between $66,000 and $167,570.

Recent research gathered by the NYU Furman Center shows the median household income for Bushwick in 2019 was $67,410, with the largest number of households, 24.2 percent, making less than $20,000. In the same year, 31.9 percent of renter households in Bushwick spent more than 50 percent of their household income on rent.

When it comes to affordable housing, the question remains: affordable for who?

Two units available through the city's Affordable Housing Lottery in the Bushwick area at 65 Woodbine St . and 65 Graham Ave. are asking for 130 percent of the city's Average Median Income : $107,400 for a three-person [...]




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