New York 80/20 rental audit: unit counts and eligibility checks differ
Meeting an affordable-unit commitment and properly verifying tenant eligibility are separate checks.
Updated Nov 6, 2026
Unit counts and verification were checked separately
New York’s audit examined 80/20 projects during the displayed period. The 4 sampled developments provided the agreed affordable-unit counts, but 18 of 43 sampled tenants lacked IRS income verification. This is not itself a finding of ineligibility.
Incentives require implementation procedures
Alongside unit targets, specify eligibility, verification evidence and supervisory responsibility. Evaluate units supplied separately from assistance reaching its intended households.
A historical sample, not a current effectiveness test
The displayed dates are the audit coverage period, not report publication. Do not generalize this sample into a program-wide fraud rate, current cost-effectiveness or results from introducing a similar policy in Korea.
Sources
- NYS Comptroller audit 2015-S-83: The 80/20 Housing ProgramAccessed Nov 6, 2026