Michael Blake: “Area median income is how your housing other expenses are…”

“And what I'm laying out are very specific ways to address affordability. First, we need to have local median income because area median income makes zero sense. Area median income is how your housing other expenses are determined. But it includes Westchester, Rockland and Suffolk county. that makes any sense at all. We need the end using credit scores when it comes to housing applications and increase the income limits on these housing applications and be …” (14:58–15:05)

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.