AAFE has earned a nationwide reputation in the past four decades for innovating solutions to the affordable housing crisis. The organization’s first project, Equality House in Manhattan’s Chinatown, became the first development in New York City to use the Federal Low-Income Housing Tax Credit. Over the years, we have created 800 units of affordable housing in Manhattan, Queens and Brooklyn.
Through the Lower Manhattan Affordable Housing Preservation Program, AAFE has acquired and rehabilitated dilapidated buildings, helping to stem the tide of gentrification and to stabilize communities.
In Flushing, Queens AAFE is partnering with Monadnock Development and HANAC to build One Flushing, a 231-unit affordable housing project with space for small retailers and community facilities.
Recent Stories
AAFE EXECUTIVE DIRECTOR THOMAS YU HONORED BY ENTERPRISE COMMUNITY PARTNERS FOR HIS LEADERSHIP ROLE IN BUILDING AFFORDABLE HOUSING IN NEW YORK CITY
Enterprise Community Partners, one of the nation’s leading affordable housing innovators, recognized AAFE Executive Director Thomas Yu and Asian Americans for Equality, as a community honoree at Enterprise New York’s 40th anniversary gala. The celebration took place...
Applications Now Open at One Flushing
Applications are being accepted at One Flushing, our mixed-income community in the heart of Downtown Flushing, Queens. From time-to-time, AAFE opens up applications both to fill vacancies and to replenish our waiting lists. This opportunity is available for seniors...
Community Leaders, City Officials and Residents Break Ground on Affordable Homeownership Project in Chelsea
Decades in the making, 201-207 7th Avenue will turn blighted corner into 26 co-ops and retail NEW YORK CITY - The New York City Department of Housing Preservation and Development (HPD), New York City Council Member Erik Bottcher and Asian Americans for Equality...
