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KaiDaiz t1_ixcurhw wrote

Reply to comment by Head_Acanthisitta256 in Won Greenlights 3,200-Unit Astoria Development, Paving Way for Council Approval by space_______kat

The new 700ish units are to be funded by city by a TBD mechanism. Key word tbd.

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Head_Acanthisitta256 t1_ixdq8g1 wrote

Of course it is. Smh.

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KaiDaiz t1_ixdr35v wrote

So we may never get these affordable units at the AMI listed...hence Won lost. But she was going to lose anyway bc council was prepare to go with the 40% plan anyway if she didn't support. So Won had to take whatever she can get to close deal or they proceed without her

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Head_Acanthisitta256 t1_ixdt4av wrote

The same exact thing happened with the Hudson Yards development. There was supposed to be “affordable housing” units set aside and that hasn’t materialized at all. At this rate it probably won’t.

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KaiDaiz t1_ixdurjz wrote

well setting aside housing for folks that make minimum wage in one of the higher desirable areas be it Hudson Yard or Astoria was unfeasible and ill plan. What should happen is make those "affordable" units to 100% accept/priority for section 8 housing. That way if one makes min wage, they still qualify for section 8 vouchers to to pay the market rate of those new dev housing units.

Owners get to rent their housing at market rate. Min wages get to rent market rate with vouchers. More units accept section 8 vouchers. Win for all cept city who has to pay the voucher.

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