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
Affordable Housing Lottery is Now Open For AAFE’s East Village Homes
Rendering by Leroy Street Studio. A housing lottery kicked off this week (10/18/21) for East Village Homes, a 100% affordable project at 302 East 2nd St. in Manhattan, providing essential new rental housing in the heart of New York City. There are a total of 44...
Applications Open For Affordable Apartments on the Lower East Side
Affordable apartment availabilities on the Lower East Side of Manhattan. Please see information in English, Chinese and Spanish. The application deadline is November 14. [pdf-embedder...
FDNY and AAFE Team Up for Fire Training Exercises in the East Village
The New York City Fire Department (FDNY) was on the scene on two consecutive days this past summer at a tenement building located at 406 East 10th St. in Manhattan's East Village. But firefighters were not responding to an emergency. This was a training exercise at a...
