"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. However, there is a catch: Your total income and family size need to fit within a certain range to be eligible to apply to the housing lottery,"
"Oftentimes, real estate developers will set aside a certain number of affordable units in their blueprints to secure support and approval from city officials and community boards. 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,"
Ten affordable housing lotteries on New York City Housing Connect expire in the next week, including two in Manhattan, six in Brooklyn, and two in the Bronx. New York City Housing Connect is an online platform that lists leasing and purchasing opportunities for apartments in new developments across the five boroughs. Eligibility depends on total household income and family size relative to Area Median Income (AMI), and each lottery sets specific income limits. Developers often reserve affordable units to gain approvals. Some units are set aside for people with disabilities, city workers, or local community residents. Applicants receive a log number and winners are chosen at random. For questions and tips, email Miranda.Levingston@Patch.com.
Read at Upper West Side, NY Patch
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