3 Affordable NYC Housing Lotteries, Some With No Rent, Expire This Week
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3 Affordable NYC Housing Lotteries, Some With No Rent, Expire This Week
"But wait - what is Housing Connect? For the uninitiated, New York City Housing Connect is an online platform that aims to provide New Yorkers with opportunities for affordable prices on apartments in new developments. The website, which launched in 2013 after years as a mail-based program, lists residential buildings across the five boroughs currently accepting applications for apartments, with both leasing and purchasing opportunities."
"The NYC Department of Housing and Preservation, which runs NYC Housing Connect, considers affordable housing to be apartments that cost one-third or less of what the people living there make in income. Also, there's usually a certain number of units in each lottery set aside for people with disabilities, workers employed by the city, or people already based in the community board district where the building is located."
Nine affordable housing lotteries on NYC Housing Connect expire in the next week across Manhattan, Brooklyn, Queens and the Bronx. NYC Housing Connect is an online platform launched in 2013 that lists leasing and purchase opportunities across the five boroughs. Applicants must meet income and family-size ranges tied to Area Median Income to qualify for each lottery. Developers often set aside affordable units to secure approvals, and some units are reserved for people with disabilities, city workers, or local residents. Applicants receive a log number and winners are chosen at random by an automated system.
Read at Upper West Side, NY Patch
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