Conference Addresses Affordable Housing in High-Cost Cities
On April 24 and 25, 2006, the Federal Reserve Bank of New York, the New York City Department of Housing Preservation and Development, and the Furman Center hosted “Affordable for Whom? Meeting Diverse Housing Needs in High-Cost Cities.” The conference addressed questions such as:
- How do municipalities balance the need for affordable housing at all income levels, and what are the implications and opportunities in communities?
- What is the appropriate balance of subsidy and tax dollars for low-, moderate-, and middle-income development, and what is an appropriate income mix for a healthy community?
- How do public agencies address the needs of higher-income households while continuing to serve those of the lowest-income ones?