Waterside Plaza, a former Mitchell-Lama Housing Program-funded rental project. Photo via Flickr cc.
A high percentage of working New Yorkers do not qualify for low-income rentals yet still struggle to pay the city’s exceptionally high rents on the private market. While this may seem like a new problem, in fact, it is something legislators and housing advocates have been attempting to resolve for over 70 years. Indeed, this is how the affordable rentals and co-op units offered under the Mitchell-Lama program first came into being, and 68 years after its launch, Mitchell-Lama is still offering middle-income renters and buyers access to affordable housing.
Tags : Mitchell-Lama Housing