With the first residential building at Atlantic Yards on the verge of acquiring city bonds, Norman Oder's published a pretty thorough look at the negotiations behind the megaproject's affordable housing promises, and how the reality diverged from those promises. "Only nine of the 35 subsidized two-bedroom units would go to households currently earning less than $35,856 for a family of three (with rents at $835 monthly), while 17 would be reserved for the highest affordable income "band," those earning 140-160 percent of Area Median Income (AMI), or between $104,580 and $119,520 for a family of three." [The Brooklyn Bureau; previously]
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