U.S. Rep. Yvette Clarke has introduced the Affordable Housing and Area Median Income Fairness Act to try and address the homeless crisis.
She introduced the Affordable Housing and Area Median Income Fairness Act to try and address some of these issues.Realtor.com reported
Senior Executive Director Valerie White of LISC NY said that it’s likely that the ‘rebound’ in the housing market post-pandemic is not sustainable. She said there’s plenty of elderly Black, African, or Caribbean homeowners selling their properties and moving down South or to their native island. Her parents, who owned a home in the city, similarly moved to Florida.
“In cities like New York, the AMI is inflated,” said Clarke. “Units designated as affordable, may not be feasible to most renters of the community. More than one-third of families in East New York earn less than 30% of the AMI, making it even more challenging to access affordable housing.” “As it relates to homelessness, that goes back to the housing insecurity issue. You’re housed and then all it takes is one crisis and then you’re not able to stay in housing. The pandemic contributed to that. There’s also individuals with mental health and other health issues that compounded their being unhoused,” said White. “And of course, the system is being swept with refugees that are being picked up regularly.
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