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’s “East Village Homes” Reaches Full 14-Story Height

AAFE’s “East Village Homes” Reaches Full 14-Story Height

AAFE reached a milestone at its new 100% affordable project in the East Village, topping off the building at its full 14-story height. The rental tower at 302 East 2nd St., known as East Village Homes, is on its way to completion next year, providing critically needed...

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