ABSTRACT
In the context of growing shortages of affordable rental housing in cities, the policy discourse in the last decade has centered on ways to get the private sector involved through a variety of public-private partnerships, policy incentives, and regulatory measures. This research explores the provision of affordable rental housing in New York City focusing on major fiscal, financial, and planning instruments used to implement local housing policy. Such interventions build upon a strong political commitment to affordable rental housing since the 1980s, supportive policy environment, and robust institutional partnerships with non-profits and private sector providers. The city offers important lessons for municipalities on ways to address affordability problems as well as improve quality of life in inner-city neighborhoods through mixed-income housing programs.
