It had become unbearable for Troy Mongillo and his girlfriend, Amanda Pabon, to spend time at home. But the couple quickly discovered what has become a reality in Beacon and the rest of the Hudson Valley, directly north of New York City: Affordable rentals were hard to come by. They were shocked by how few apartments fell within their budget and how much landlords were demanding of them just to apply. “I was starting to feel like there’s just no end in sight,” Mr. Mongillo said of the weeks they spent searching for a new home. “Things felt really bleak.”An intensifying housing crisis has gripped New York City and urban areas around the country, fueled by the rising costs of homeownership, surging rents and limited housing stock.

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Persons: Troy Mongillo, Amanda Pabon, Mr, Mongillo Organizations: New Locations: Beacon , N.Y, Beacon, Hudson, New York City