| The Affordable Equity Project is a housing project | | | | the New York area. |
| unique to the New York area that enables those who | | | | This new housing project specializes in getting those |
| live in the NY area who are looking for a place to live | | | | who need a home that is affordable to rent in touch |
| find a rental that is affordable for them. The program | | | | with landlords and other owners of property in the |
| basically gets renters together with landlords as well | | | | New York area. This is a special project that is only |
| as other property owners and enables people to find | | | | available to those who live in or will be living in the New |
| the most affordable rental for them. In addition to | | | | York area. |
| working with landlords and property owners, they | | | | Everyone needs housing - it is one of the most |
| company using this project will work with the landlord | | | | fundamental needs of all human beings. We all need a |
| and get the rent deferred or reduced, in some cases. | | | | house in which to live for ourselves and our families. |
| The economy has been in a desperate state for | | | | Many people are out of work and have no where to |
| some time now and many people are in want of a | | | | live. This is how this program can help those who are |
| place to live that they can afford. The number of | | | | in need the most. |
| foreclosures continues to rise as people who cannot | | | | The amount of foreclosures on the market today are |
| pay their mortgages are turned out of their homes, | | | | becoming more prevalent. Many property owners are |
| many with families and no place to go. For this reason, | | | | opting to hang on to their property rather than sell at |
| this project that helps those find affordable housing | | | | the market prices today because they are lower than |
| began. | | | | ever. Not only does this new housing project that is |
| You have probably heard of other types of housing | | | | special to the NY area help those who own property, |
| projects that help those who are living below the | | | | but also those who are seeking to rent in the New |
| poverty level find affordable housing. These include the | | | | York area. |
| Section 8 Housing Project, the Working Section 8 and | | | | As long as you are living in the New York area, you |
| the Workers Advantage. These projects help people | | | | can take advantage of this project and find a rental |
| throughout the country get housing when they are | | | | property that you can afford. Unlike other housing |
| poverty stricken. This project works well with these | | | | projects, you do not have to be below poverty level to |
| established programs but this project is only good in | | | | take advantage of the Affordable Equity Project. |