This edition: Emily Youssouf, Housing Development CorporationTweet
Original tape date: March 1, 2005.
The president of the New York City Housing Development Corporation explains how the organization is run and the ultimate housing goal for the city. She describes the “housing crisis” and the difficulty in finding affordable housing, which she defines as spending 30% of your income on housing (in NYC, this percentage is at an average of over 50%), and explains what the HDC is doing to combat this trend. Ms. Youssouf talks about the different programs the HDC has in place, including the new Co-op Program, that help builders offer affordable housing.