Dive Brief:

• "Affordable" is a function of the cost of living in an area, and in New York City that means reserving affordable housing for families of four with incomes between $100,581 and $138,435 a year.
• At the Atlantic Yards project – home of the Barclay's Center in Brooklyn – construction of affordable housing has been stalled, and a neighborhood organization has been threatening to sue developer Forest City Ratner.
• The state now has announced that the next two buildings at the complex will have 600 units for families making up to $130,000 and 300 units for families making over that and less than the top of the range.

Dive Insight:

The deal includes apartments for families that would be considered low-income in places other than New York, some with incomes of $30,000 to $40,000. The package calls for a total of 2,250 units by 2025 and sets penalties of $2,000 per unit per month for any shortfalls after that.