Ulster’s Area Median Income jumps, pushing ‘affordable’ and ‘workforce’ rent limits even higher
9 Articles
9 Articles
Ulster’s Area Median Income jumps, pushing ‘affordable’ and ‘workforce’ rent limits even higher
KINGSTON, N.Y. — New 2025 Area Median Income numbers released by the federal Department of Housing and Urban Development are set to lead to higher rents for affordable and workforce housing in Ulster County. Under HUD’s 2025 numbers, 80% of the Area Media Income, used to define the limit for “affordable” rents, rose to $67,100 for one person, up from $62,550 in 2024, an increase of $4,550. The Area Median Income for one person in the Kingston Me…
It’s just math: An update on multifamily housing in Greater Boston and the Mary Ellen McCormack Project
A long-awaited, mixed-income revitalization project recently broke ground and includes the historic redevelopment of one of Boston’s oldest public housing complexes. Built in 1938 during the Depression, Mary Ellen McCormack’s infrastructure is overdue for replacement. WinnCompanies (Winn) announced they have partnered with the city of Boston, Boston Housing Authority (BHA), the Resident Task Force, and elected officials in a public-private partn…
‘Full speed ahead’ on project to build affordable housing on county land in Bozeman
This week, county commissioners voted to approve submitting the site plans to the city for the project, and last week, city commissioners voted to approve routing $2 million in community housing funds to a grant for the program.
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