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CoreData.nyc

Directory of NYC Housing Programs

All Affordable Housing Program (ALL)

Under the All Affordable Housing Program (ALL), tax-exempt, taxable, and 501(c)(3) bond proceeds may be used to finance new construction of multi-family rental housing. The proceeds may also be used for the preservation and rehabilitation of existing affordable multi-family rental housing developments. To qualify for new construction financing under ALL, 100 percent of the units must be affordable to households earning up to 60 percent of the Area Median Income (AMI), adjusted for family size. Eligible projects include those initially financed through federal and state affordable housing programs, as well as those not currently part of an affordable housing program.

Program Information Help Icon

  • Supply/Demand: Supply
  • Category: Land and Financing
  • Scale: Small Scale (between 1 and 999 units)
  • Occupancy tenure: Rental
  • Construction Type: New Construction, Rehabilitation
  • Building Type: Multi-family
  • Developers/Owners: Non-profit, For-profit
  • Income Restrictions: Units must be affordable to households with an annual income of up to 60 percent of Area Median Income (AMI).

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