Equitable Community Development
AAFE builds affordable housing and creates stronger communities.
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.
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One Flushing, our new inter-generational housing and retail project, has reached its full height on the way to completion in early 2019. AAFE is developing the exciting new community at 133-45 41st Avenue in Queens along with HANAC and Monadnock...
(Left) 81 Madison St. (Upper right) AAFE, HPD and Enterprise Community Partners celebrate the building's renovation. Photo courtesy of HPD. (Lower right) 81 Madison St. tenant Mr. Bai in his newly renovated apartment. Photo courtesy of HPD. Asian Americans...
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