{"id":1004099862,"date":"2014-07-03T07:31:10","date_gmt":"2014-07-03T15:31:10","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004099862"},"modified":"2022-12-07T20:05:39","modified_gmt":"2022-12-08T04:05:39","slug":"july-issue-bridging-the-affordable-housing-gap","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/july-issue-bridging-the-affordable-housing-gap\/","title":{"rendered":"JULY ISSUE: Bridging the Affordable Housing Gap"},"content":{"rendered":"

By Anna Spiewak, News Editor\u00a0<\/em><\/p>\n

\"TREND_Fox<\/a><\/p>\n

As federal resources have been cut in an effort to balance the budget, key affordable housing programs have been threatened. Yet rents continue to rise while household incomes remain flat. Affordable housing agencies and developers alike are taking notice and coming up with solutions to bridge the gap in sustainable living for lower- and middle-income renters.<\/p>\n

\u201cThere are new shifts, more out of the sensitivity and concerns of the longevity of the programs,\u201d Flynann Janisse, executive director at Rainbow Housing Assistance Corp., told Commercial Property Executive. \u201cThere are funding sources that are depleting, so there is a sense of urgency to really wrap your arms around different programs and make sure they\u2019re sustainable (and) make assets financially stable from a debt-service perspective.\u201d<\/p>\n

Most recently, newly elected New York Mayor Bill de Blasio is addressing the need for affordable housing for both low- and middle-income renters with a new 10-year plan, which calls for the construction of 80,000 new residential units and the rehabilitation of 120,000 existing apartments across\u00a0the Bronx, Brooklyn, Queens, Staten Island and Manhattan.<\/p>\n

Read the full article in the\u00a0July 2014 issue\u00a0<\/a>of\u00a0CPE<\/em>. Access is free!<\/p>\n","protected":false},"excerpt":{"rendered":"

As federal resources have been cut in an effort to balance the budget, key affordable housing programs have been threatened. <\/p>\n","protected":false},"author":952,"featured_media":1004099866,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[37301],"tags":[],"class_list":["post-1004099862","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"acf":[],"yoast_head":"\nJULY ISSUE: Bridging the Affordable Housing Gap - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/july-issue-bridging-the-affordable-housing-gap\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"JULY ISSUE: Bridging the Affordable Housing Gap\" \/>\n<meta property=\"og:description\" content=\"As federal resources have been cut in an effort to balance the budget, key affordable housing programs have been threatened.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/july-issue-bridging-the-affordable-housing-gap\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2014-07-03T15:31:10+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-08T04:05:39+00:00\" \/>\n<meta name=\"author\" content=\"Anna Spiewak\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/07\/TREND_Fox-Point.jpg\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/july-issue-bridging-the-affordable-housing-gap\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/july-issue-bridging-the-affordable-housing-gap\/\",\"name\":\"JULY ISSUE: Bridging the Affordable Housing Gap - 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