What exactly is the 'AMI' that's used to determine affordable housing rents?

… one key term over and over again area median income But what does that actually mean In short area median income or AMI defines the median incomes for households of different sizes within a certain geography The Department of Housing and Urban Development is the agency charged with calculating AMI which determines …

By Celia Young |October 22, 2024 - 9:30AM
What’s the average flip tax for a condo or co-op in New York City?

… already familiar with the myriad fees that come with buying in New York City But theres one more cost you should watch out for …

By Celia Young |April 1, 2024 - 2:30PM