Bronx Assemblyman Michael Blake is one of six officials appointed to a new task force charged with investigating corruption in the state's troubled Mitchell-Lama housing program.
But a Crain's analysis shows that Blake—a Democratic National Committee vice chair and candidate for Congress—has for years taken advantage of a different homeownership program by improperly subletting a government-subsidized condominium intended for moderate-income tenants, in violation of a host of rules and restrictions.
State and city housing officials said they would investigate the apparent abuse.
It was this sublet that controversially enabled Blake, who earns a six-figure salary, to run for his seat in 2014 despite his having resided for years in Washington, D.C., while serving in the Obama administration.
But a Crain's analysis shows that Blake—a Democratic National Committee vice chair and candidate for Congress—has for years taken advantage of a different homeownership program by improperly subletting a government-subsidized condominium intended for moderate-income tenants, in violation of a host of rules and restrictions.
State and city housing officials said they would investigate the apparent abuse.
It was this sublet that controversially enabled Blake, who earns a six-figure salary, to run for his seat in 2014 despite his having resided for years in Washington, D.C., while serving in the Obama administration.
The building also benefited from the federal HOME Investment Partnerships Program and from the state's contentious 421-a tax credit. Accordingly, the bulk of the condominiums were priced below market value—in the case of the space Blake occupies, for persons earning no more than 130% of the region's area median income. As of 2019, that figure stood at $97,110 annually for a household of one.
Blake's financial disclosures with the Joint Commission on Public Ethics indicate his earnings have exceeded that amount every single year he has held elected office, thanks in part to the multiple consulting jobs he has done in addition to his legislative duties.
2 comments:
Lock him up !
oh you be discriminating on him.. cos of slavery he can do what ever he wants
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