Some ‘Affordable’ Units Too Costly, Report Says
By WINNIE HU
quote by : Moses Gates, an author of the report, which examined more than 124,000 affordable housing units that were developed with billions of dollars in public subsidies from fiscal 2004 to fiscal 2011.
Published: February 13, 2013 by The New York Times
to see the full article click on link : http://www.nytimes.com/2013/02/14/nyregion/report-cites-shortcomings-of-affordable-housing-plan.html?ref=nyregion&_r=0
remember bloomberg uh..braggin’ about all the affordable housing he has created in today’s state of the city brag-a-thon? i was wondering why, if indeed he had created affordable housing, the homeless population was at an all time high in new york city. i got my answer. the term “affordable housing” is open to interpretation it seems.