#NYChousing Day 5: Moderate-Income Household Subsidy

Should the next mayor provide a rental subsidy for moderate- and middle-income households?

WHY IT MATTERS: Housing is a substantial expense for New Yorkers, and has grown even less affordable in the last decade.  As housing affordability becomes more of a strain for moderate- and middle-income households, many worry that those households might choose to leave the city altogether, which could undermine the city’s diversity and vitality.

Read the #NYChousing Moderate-income brief or read the entire #NYChousing series to date.

The #NYChousing series identifies 10 key affordable housing issues that will confront the next mayor of New York City, aiming to inform the public about the tradeoffs involved to the public debate by providing an objective analysis of the pros, cons, and questions the mayoral candidates should address head-on. Between August 20th and August 29th we will be releasing daily issue briefs about these key issues (see the topic schedule here.). We will also be hosting daily twitter conversations on the topic of the day at 11 AM ET. Follow us on Twitter at @FurmanCenterNYU.