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Examples
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The $520 million project will have 1,258 apartments in four buildings, including 556 market-rate rentals in a 31-story tower that will help pay for its 682 affordable units and generate $20 million for affordable housing elsewhere in the city.
After 37 Years, Gotham West Site Is Rising Josh Barbanel 2011
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Mr. Picket says prices for the market-rate rentals haven't been set.
After 37 Years, Gotham West Site Is Rising Josh Barbanel 2011
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Most market-rate properties are expensive enough to not fit the upper level of Section 8 limits and; there aren't enough lower-cost properties.
Puget Sound Sees 50 Percent Decline in New Households « PubliCola 2010
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The final deal took years to iron out and was made possible by the continuing strength of Manhattan's market-rate rentals.
After 37 Years, Gotham West Site Is Rising Josh Barbanel 2011
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However, the "market" doesn't build low-income housing, because they make more money from building market-rate housing.
Ugly Townhouses and Apartment Buildings, begone! « PubliCola 2010
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SHA's mission in doing HopeVI housing is not to create affordable market-rate housing; it's to help finance their low-income housing.
Ugly Townhouses and Apartment Buildings, begone! « PubliCola 2010
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What we know is that when the Seattle Housing Levy or the State Housing Trust Fund participates in creating new low-income housing, it continues to be dedicated to that purpose, whereas many Reagan-era Section 8 projects lasted only 20 years and have been converted to condos or market-rate rentals.
McGinn Plans Second Housing Meeting; Still No Word on Fate of Housing Office « PubliCola 2010
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The good news; market-rate developers can turn this around when the economy recovers and join the public housing authorities and non-profit developers in creating the affordable housing thousands of our neighbors so desperately need. sarah68
Ugly Townhouses and Apartment Buildings, begone! « PubliCola 2010
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When people participate in Section 8, they use their "voucher" (essentially paperwork indicating a government guarantee that they will get $X worth of rent subsidy per month) to pay for the difference between market-rate rent set by landlords and the rent that they, as lower-earning folks, can afford.
Puget Sound Sees 50 Percent Decline in New Households « PubliCola 2010
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All told, the project is expected to be finished in 2014 and will add some 3,500 units of market-rate housing to Long Island City, a post-industrial waterfront neighborhood that had been dominated by low-slung factory buildings and a scattering of town houses.
Shimmer on the Waterfront Robbie Whelan 2011
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